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260 E 90th Drive, Merrillville, IN 46410
$459,900
260 E 90th Drive, Merrillville, IN 46410View this property at 260 E 90th Drive, Merrillville, IN 46410
260 E 90th DriveMerrillvilleIN46410
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Property Description
Fantastic commercial property investment. This office space is 2860 square foot of newly remodeled premium office space. This space already has an existing tenant (Ellie Mental Health Clinics) with 4 years left on their existing lease. The property is already cash flow positive based on existing lease. Tenant is hopeful new owner will continue to rent to them long term but is not required. Tenants has expressed interest in trying to purchase property down the line. Current lease for tenant is $4,000.00 a month with a 2% yearly increase. Office is located next to hospital, emergency room, several other medical facilities, and several other law firms. The facility is in a very high demand area, surrounded dense retail spaces. Located off Broadway, right between HWY 65 and US 30. The unit is an end cap unit so there is great curb appeal, all offices in the unit have beautiful large windows with good views and fantastic natural light. The unit is composed of 8 large offices and a an extra large conference room , 2 bath rooms, all newly remodeled. The exterior is all brick, building is in fantastic condition. All new flooring, new LED lights , new fridge and sink in employee room , all interior have been painted, all solid oak doors , solid oak baseboards, 2 air condition units and 2 furnaces, and new water heater. Taxes are around $8,000 and HOA fees which covers the outside landscaping, roof and water & sewer is $5157.08
Full Property Details
Full Property Details for 260 E 90th Dr
General
- Price: $459,900
- Taxes: $8,383 (2022)
- Status: Active
- Type: Business
- MLS ID: 800312
- Updated: 3/11/2024
- Added to Site: 58 day(s) ago
Interior
- Appliances: Microwave, Refrigerator
Exterior
- Exterior Features: Private Entrance, Storage
Parking
- Parking Features: Asphalt
Location
- County: Lake
- Township: Ross
- Subdivision: Easton Court Condo
- Driving Directions: 80/94 Indiana to US 65 South, exit US 30 W to Broadway south, east on 90th drive
School Information
- High School District: Merrillville
Heating & Cooling
- Heating Type: Forced Air, Natural Gas
Structural Information
- Square Feet: 2,892
- Year Built: 1989
Lot Features
- Lot Size (Acres): 27,021
- Lot Size (Sq. Ft.): 1,177,034,760
- Lot Dimensions: --
Financial Considerations
- Tax Amount: $8,383.08
- Tax Year: 2022
- Terms: Conventional
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.50%
- Legal Description: EASTON COURT CONDOMINIUMS BROADFIELD CENTER OFFICE UNIT 6 2.444 S.F.
- Property ID: 45-12-27-303-006.000-030
Listed by Century 21 Circle
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Schools
Schools serving 260 E 90th Dr
School District:Merrillville Community School
Rating | Name | Grades | Distance |
---|---|---|---|
7249 Van Buren St, Merrillville, IN 46410 | K-4 | 2.3 mi | |
1400 W 61st Ave, Merrillville, IN 46410 | 5-6 | 3.8 mi | |
199 E 70th Ave, Merrillville, IN 46410 | 7-8 | 2.3 mi | |
276 E 68th Pl, Merrillville, IN 46410 | 9-12 | 2.7 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 260 E 90th Dr
Date
Details
Price
Change
Source
3/03/2024
Listed
$459,900
—
MLS
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
Tax History for 260 E 90th Dr
Year
Property Taxes
Change
Tax Assessment
Change
2022
$7,157
—
$342,000
—
2022
$7,157
-9%
$342,600
7%
2020
$7,857
4%
$318,800
1%
2019
$7,581
—
$316,300
2%
2019
$7,581
-1%
$308,800
4%
2018
$7,672
-2%
$297,800
1%
2017
$7,820
—
$294,100
2%
2017
$7,820
7%
$287,600
—
2016
$7,311
18%
$287,600
-6%
2015
$6,216
-19%
$307,300
1%
2013
$7,654
-3%
$303,000
—
2012
$7,897
—
$302,200
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 260 E 90th Dr
260 E 90th Drive, Merrillville, IN 46410 (MLS# 800312) is a Business property. 260 E 90th Drive is currently listed for $459,900 and was received on March 03, 2024. Want to learn more about 260 E 90th Drive? Do you have questions about finding other Business real estate for sale in Merrillville? You can browse all Merrillville real estate or contact a Coldwell Banker agent to request more information.