Commercial For Sale
Experience a remarkable investment opportunity with this fully leased, income-generating mixed-use building located prominently on Pine Lake Ave. This property features a combination of three apartments and three commercial spaces. All six units are fully leased with exterior entrances! Each unit is also separately metered, with tenants responsible for their own utilities. PRO-FORMA CAP RATE OF 10.61%.The building itself has been enhanced with a new roof and siding in 2023, along with brand new decks for the residential units completed in 2024. The residential units themselves underwent a significant renovation during 2023 and 2024, unveiling updated plumbing, electrical systems, HVAC, flooring, bathrooms, and kitchens. Everything is new! Each apartment boasts a unique charm with an open-concept layout, gorgeous white granite countertops, stainless steel appliances, and convenient washer/dryer hookups in each apartment!Property Details
- Beds: 0
- Baths: 0.0
- Sq Feet: 8000
- Year Built: 2001
- Location: (private lake, pond, creek)
- Acres: 0.474
- County: La Porte County
- Community: Halls Add
- Heat/AC: Forced Air
- Garage: Parking Lot, Paved or Surfaced, Unassigned
- Roof:
- Property Taxes: $14,562
- MLS #: 812639
Location
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Contact Information:
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Listing Agent: Kathryn Leslie, blackrock realty services, 219-405-0177, 219-262-0086 Listing Site, Listing Status: Active
Copyright © 2025 Greater Northwest Indiana Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Ad Statistics:
| Ad Number : | 5536012 |
| Viewed: | 1 times |
| Added: | Feb 11, 2025 |
| Updated on: | Feb 11, 2025 |
| All information provided is deemed reliable but is not guaranteed and should be independently verified. | |
