This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

7005 Madison St
Merrillville, IN 46410

Retail Property For Sale

Executive Summary

A hidden gem in Northwest Indiana!
2 Acres of scenic commercial property
Charming restaurant with multiple dining rooms and multiple cozy, semi-private seating areas
Expansive storage with vast upstairs loft and lower-level pantry and stockroom
Onsite special events space featuring gazebo and lush garden patio
Recent investments into numerous upgrades to physical structure
Newly expanded parking lot to accommodate increased business traffic

PROPERTY FACTS

Sale Type
Owner User
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Freestanding
Building Size
4,762 SF
Building Class
C
Year Built/Renovated
1937/2005
Price
$550,000
Price Per SF
$115
Building Height
1 Story
Building FAR
0.05
Lot Size
2.00 AC
Zoning
C-5
Parking
15 Spaces (3.15 Spaces per 1,000 SF Leased)
Frontage
175 FT on Madison

Amenities

  • 24 Hour Access

About 7005 Madison St , Merrillville, IN 46410

The Merrillville Florist and Tea Room is a whimsical combination of flower shop, gift shop and tearoom. A magical place where dreams come together, whether it be in the design of the ideal custom floral arrangement from the flower shop, in finding the perfect gift in the gift shop, or in experiencing superb food and top notch service in the Tea Room. From the first moment you walk in the door, a warm feeling welcomes you, often compared to the feeling of a real life Hallmark movie. Twinkling lights, beautiful fresh blooms, genuine staff and friendly customers set the stage for an experience to remember from start to finish. The Merrillville Florist and Tea Room has been in existence for over 85 years. A historic institution to Northwest Indiana, the business has withstood the test of time. The expansive physical structure of the building has been constructed in stages, originating from a residential home, with the original owner's story dating back to selling flowers from her front yard. The business has a natural, vintage, back-home feeling. A Winchester House, some might call it, with lots of dips and turns and cozy spots giving natural character and charm that new business owners strive to replicate. The flower shop and gift shop were designed to give a nostalgic farmhouse feeling, with an exposed loft area complete with functioning drop down ladder, often an intriguing conversation starter with guests. Filled with beautiful, unique, high quality blooms, eclectic and locally-sourced gifts,  and gourmet chocolates and food items, there is plenty to see and shop. Hand painted touches surprise guests in various ways, whether it be in a lush corner of the outdoor garden patio, or a vintage piece of furniture, such as a wardrobe transformed into an intimate seating area in the Tea Room. Cozy touches and vintage decor define the Tea Room. The Merrillville Florist and Tea Room is a place to celebrate, whether it be an intimate on-site wedding on the garden patio, a special event such as a bridal or baby shower in the main dining room and fireside porch, a smaller birthday celebration in the Red Velvet Room or French Door Room, or a private lunch for 2 in one of the cozy nook seating areas. Multiple investments have been made into the heart and soul of the business over the last 5 years, increasing the Merrillville Florist and Tea Room footprint in Northwest Indiana. Successful social media accounts on multiple platforms draw new business patrons to the flower shop and Tea Room daily, and continue to grow increasingly popular in the Northwest Indiana and surrounding Chicagoland communities. Multiple features in the Times of Northwest Indiana, the Chicago Tribune, NPR Radio, and NBC News share the excitement of the one-of-a-kind environment, and invite guests to be part of something truly special. A breath of fresh air, a real-life dream, and unique business combination, to which nothing in Northwest Indiana compares.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
45-12-16-226-015.000-030
Land Assessment
$180,200
Improvements Assessment
$109,800
Total Assessment
$290,000
  • Listing ID: 33414274

  • Date on Market: 10/4/2024

  • Last Updated:

  • Address: 7005 Madison St, Merrillville, IN 46410

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}