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$719,900 -$5,100 (-0.7%) Price Reduced

  • For Sale
  • Active
  • Commercial
  • 3,540 Sq. Ft.
  • Updated 14 hours ago
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Current Leased restaurant location with 1540 SF at 108 W Commercial Ave with Multi year lease, newer plumbing throughout and recently remodeled interior. Office/Single Family building at 116 W Commercial Ave rented yearly lease with 2000 SF was remodeled in the last 10 years with a full bath & flooring on 2nd story, recently repainted top to floor. Tenants are responsible for all utilities & carry renters' insurance. Many possibilities with these properties as there is a vacant lot & side road for additional parking. Investor just needs some vision for what could be here considering the growth in the Lowell community. Property being sold AS-IS, seller to do no repairs.

Full Property Details for 108-122 W Commercial Ave

General

  • Price: $719,900
  • Taxes: $13,390 (2024)
  • Status: Active
  • Type: Commercial
  • Source: GNIAR
  • MLS ID: 816873
  • Updated: 3/4/2026
  • Added to Site: 365 day(s) ago

Interior

  • Interior Features: Entrance Foyer, Country Kitchen, Laminate Counters
  • Appliances: Other, Water Heater, Range Hood, Refrigerator, Range

Exterior

  • Exterior Features: Private Yard, Rain Gutters

Parking

  • Parking Features: Paved, On Street, Driveway, Concrete, Asphalt

Location

  • County: Lake
  • Township: Cedar Creek
  • Subdivision: H J Nichols Add Lowell
  • Driving Directions: Rt. 41 to Rt. 2/Commercial Ave East to home just prior to railroad tracks in downtown Lowell area

School Information

  • High School District: Tri-Creek

Heating & Cooling

  • Heating Type: Forced Air, Natural Gas

Structural Information

  • Square Feet: 3,540
  • Year Built: 1905

Lot Features

  • Lot Size (Acres): 0.56
  • Lot Size (Sq. Ft.): 24,393.6
  • Lot Features: Other
  • Zoning: Other

Financial Considerations

  • Tax Amount: $13,390
  • Tax Year: 2024
  • Terms: Cash, Conventional

Disclosures and Reports

  • Legal Description: Legal Description: HJ NICHOLS ADD. S'LY PT. LOT 16 ADJ. W. 45FT. L.16 124.90X33.30X 100X73.60FT.TRA & S'LY PT. L16 100X60X85X9.4X63.68FT.TR.B, (45ft) of S pt of Lot 16 & Par 7x45
  • Property ID: 451923384013000008

Listed by New Chapter Real Estate

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— 108-122 W Commercial Ave —

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NMLS#: 1598647

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Price & Sales History for 108-122 W Commercial Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/04/2026
Price Reduced
$719,900
-0.7%
MLS
3/04/2025
Listed
$725,000
—
MLS
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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 108-122 W Commercial Ave

Year
Property Taxes
Change
Tax Assessment
Change
2024
$6,533
-8%
$269,800
—
2023
$7,131
24%
$269,000
—
2022
$5,772
-8%
$269,000
11%
2020
$6,285
12%
$242,300
—
2019
$5,617
—
$242,300
10%
2019
$5,617
19%
$220,800
22%
2018
$4,727
-8%
$180,800
-2%
2017
$5,148
—
$185,400
1%
2017
$5,148
18%
$184,100
—
2016
$4,364
—
$183,500
5%
2015
$4,343
-12%
$174,500
1%
2013
$4,914
-17%
$173,200
-14%
2012
$5,897
—
$201,900
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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108-122 W Commercial Avenue, Lowell, IN 46356 (MLS# 816873) is a Commercial property. 108-122 W Commercial Avenue is currently listed for $719,900 and was received on March 04, 2025. Want to learn more about 108-122 W Commercial Avenue? Do you have questions about finding other Commercial real estate for sale in Lowell? You can browse all Lowell real estate or contact a Coldwell Banker agent to request more information.

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