14% ROI Passive Investment or Owner Occupy * Office and or Retail * 1 Story Block Stucco Building Completely Rehabbed in 2006, from Block Out, Roof, Mechanicals, Everything * Busy 4 Lane Commercial Street Frontage * $38,200 Gross a Year Income * Expenses $10,497 * Net Income $28,295 and Potential For More * 4000 Square Feet * 1600 S.F. Main office with 24x16 Conference Room (Can be Made Available for Buyer Use or Tenant Remain) Includes 40x20 Open Space with 12x10 Office with Window, Second 12x10 Office, Kitchen, His and Hers Baths, + 3rd 1/2 Bath, Plus Storage Closets * 7 Additional Office Spaces 11x10 Rented * 2 Energy Efficient Furnaces * 2 Separate Central Air Units * 2 Thermostats * 13 Parking Spaces and Adjacent Spaces Available for Use * Bill Board 8x4 for Advertising * Pictures of Vacant Spaces Shown are Prior to Occupancy * Located 1/4 Mile West of the New 30 Million Dollar Municipal Complex and Library *Great for Owner use with income or Turn Key Investment * Mgmt. Available
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Price & Sales History
Price & Sales History for 1201 Central Ave
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1201 Central Ave, Lake Station, IN 46405 (MLS# 359771) is a
Commercial property that was sold on October 07, 2014.
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