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- LoopNet Team
1201 Central Ave
Lake Station, IN 46405
LEASE OPTION · Property For Lease
PROPERTY FACTS
| Property Type | Retail | Year Built/Renovated | 1946/2006 |
| Property Subtype | Freestanding | Parking Ratio | 7.5/1,000 SF |
| Gross Leasable Area | 4,000 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 4,000 SF |
| Year Built/Renovated | 1946/2006 |
| Parking Ratio | 7.5/1,000 SF |
About the Property
1 Story Block Stucco Building Completely Rehabbed in 2006, from Block Out, Roof, Mechanicals, Everything * Busy 4 Lane Commercial Street Frontage * Potential $38,200+ Gross a Year Income * Expenses $10,497 * Net Income $28,295 and Potential For More * Net Passive Income * 4000 Square Feet * 1600 S.F. Main office consist of 24x16 Conference Room (Can be by Buyer and let other rents pay all expenses) Includes 40x20 Open Space with 12x10 Office with Window, Second 12x10 Office, Kitchen, His and Hers Baths, Plus Storage Closets * 7 Additional Office Spaces 11x10 (Approximately) * 2 Energy Efficient Furnaces * 2 Central Air Units * 2 Thermostats * 3rd 1/2 Bath * 13 Parking Spaces and Adjacent Spaces Available * Bill Board 8x4 for Advertising * 1/4 Mile West of the New 30 Million Dollar Municipal Complex and Library * Great for Owner use with income or Turn Key Investment * Call me or HomeBargains at live dot com if interested not CL relay *
- Pylon Sign
- Security System
- Signage
- Air Conditioning
