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12712 US Hwy 41

5,000 SF 12% Leased Office Building Cedar Lake, IN 46303 $825,000 ($165/SF)

Executive Summary

A Prime Commercial location on U.S. Hwy 41 in Cedar Lake, IN with a Traffic Count of ~20,000 vehicles per day. This 4,952 SF brick structure on 0.73 AC with Commercial Zoning is perfect for Professional or Medical offices, or an Expansive List of Retail Uses too numerous to mention (See the zoning list in documents). Built in 2010 and meticulously maintained, architecturally attractive inside and out with a combination of direct and indirect lighting, tray ceilings and designer finishes. Units A and B each offer 1100 Sf that are easily combined to be a single 2200 SF Space for either an owner/user or additional rental income. The existing Tenant has ~five years remaining on their Lease (details with signed non-disclosure). Parking for 40 vehicles. Don’t miss the Matterport tour and digital Twin. A current floor plan is also in the documents.

Property Facts Under Contract

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
5,000 SF
Building Class
B
Year Built
2010
Price
$825,000
Price Per SF
$165
Percent Leased
12%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
5,000 SF
Building FAR
0.16
Lot Size
0.73 AC
Zoning
B-2 - Community Business
Parking
37 Spaces (7.4 Spaces per 1,000 SF Leased)

Amenities

  • Central Heating
  • Fully Carpeted
  • Air Conditioning

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Floor
  • 2,200 SF
  • Office
  • Partial Build-Out
  • Now

2,000 SF office space for lease.

Space Size Space Use Condition Available
1st Floor 2,200 SF Office Partial Build-Out Now

1st Floor

Size
2,200 SF
Space Use
Office
Condition
Partial Build-Out
Available
Now

1st Floor

Size 2,200 SF
Space Use Office
Condition Partial Build-Out
Available Now

2,000 SF office space for lease.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
45-15-20-276-013.000-014
Land Assessment
$239,800
Improvements Assessment
$502,300
Total Assessment
$742,100
  • Listing ID: 33304024

  • Date on Market: 9/25/2024

  • Last Updated:

  • Address: 12712 US Hwy 41, Cedar Lake, IN 46303

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