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1040 Wabash Ave

Chesterton, IN 46304
  • $3,600,000
  • STATUS: Active
  • ON SITE: 155 Days
  • MLS #: 202214882
UPDATED: 182 min ago
$3,600,000
  • 0
    BEDS
  • 2.43
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 41,235
    SQFT
Neighborhood:
Type:
Commercial
Built:
1986
County:
Area:

School Ratings & Info

Description

NNN lease, 3.5+ yrs of term remaining on current 5 year lease. Renewal option with 10% rent increase in 2nd year of renewal option. Building for sale only. Existing tenant is subsidiary of large corporation, has been in place since business acquired in 2007. Previously, same business operated from this location. Well suited for current operations, with large warehouse, large open office space, and loading docks.

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© 2022 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Natasha Hernandez Team | Keller Williams. Data last updated: 2022-09-29T00:27:53.783.

www.natashahernandez.com/homes/128074659
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1040 Wabash Ave Chesterton, IN 46304

  • Price: $3,600,000
  • Status: Active
  • On Site: 155 Days
  • Updated: 182 min ago
  • MLS #: 202214882
0
Beds
0
Baths
0
½ Baths
2.43
Acres
41,235
SQFT
$87
$/SQFT
1986
Built
Neighborhood:
Other
County:
Porter
Area:
Porter
Property Description
NNN lease, 3.5+ yrs of term remaining on current 5 year lease. Renewal option with 10% rent increase in 2nd year of renewal option. Building for sale only. Existing tenant is subsidiary of large corporation, has been in place since business acquired in 2007. Previously, same business operated from this location. Well suited for current operations, with large warehouse, large open office space, and loading docks.
Exterior Features

Construction Type1 ConcreteSteel Exterior Metal Fire Doors YN No Lot Dimensions 482.53X247.49 Parcel Description 0-2.9999 Parking LotPavedPrivate Parking Type Paved Parking Lot Parking YN Yes Road Access City Roof Material Metal Security Light YN Yes Signs YN No Water Features None Waterfront YN No

Interior Features

Basement Foundation Other Basement YN No Bldg1 Above Grd Sq Ft 41235 Bldg1 Below Grd Sq Ft 0 Bldg1 Fin Office Sq Ft 6000 Ceiling Height 12'12'23' Column Spacing Na Cooling Central Air Flooring CarpetConcreteTile Heating Fuel Forced AirGas Interior Height 12'12'23' Interior Walls DrywallMetal Internal Rooms OfficeOtherStorageWarehouse Special Features Three PhaseLoading Dock 1Loading Dock 2Office SpaceOther Total Restrooms 4

Property Features

Annual Taxes 14871 Auction YN No Buildings 1 Burglar Alarm YN Yes Currently Leased YN Yes Documents Available EnvironmentalLeaseRent Roll Enterprise Zone No Environ Reports Avail Phase 1 Report Equipment YN No Fire Protection CityHydrantOther For Sale Or Rent For Sale Gas Company Nipsco Ingress Egress Asphalt Lease Term Remaining 3.5+ Years With 5 Year Renewal Option New Construction No Owner Real Estate License YN No Platted YN Yes Property Sub Type Office Property Use Investment Property Reo YN No Sale Includes BuildingLand Sewer City Smoke Fire Alarm YN Yes Sprinkler System YN Yes Tax Abatement No Township Westchester Water Heater YN Yes Water Softener YN No Water Utility City Year Taxes Payable 2021

Listing provided by Brittaney Lehman of Re/Max Select Realty: 574-595-0722.
© 2022 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Natasha Hernandez Team | Keller Williams.


© 2022 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Natasha Hernandez Team | Keller Williams. Data last updated: 2022-09-29T00:27:53.783.

 
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