Active

7302 Mcconnell Avenue

Lowell IN, 46356

$560,000


$146.75 per sqft

Active

3,816 sqft

Commercial

Built in 2002

Main lobby offers approx 954sf reception & billing area as well as show room plus conference room, 2 private offices + kitchen. An approx 2862sf warehouse/shop area is also home to a loft for dry storage & has its own office. The warehouse section can also be accessed through 2 12' OH doors front & rear. 2 restrooms, 1 public ADA compliant in the front + one in the rear. Onsite laundry. 14KW NatGas Generator w/ automatic transfer switch. All new int/ext LED lighting.24-30 parking spaces & owner will consider allowing you to sublet if wish to have 2 businesses. Base lease is $10psf ($3,200mo) + 1/12th annual Tax & Ins currently at $1.69psf ($539mo). 3-5 yr lease w/option to purchase + 1st right of refusal + 2 yrs fixed for budgeting & start-up. 3x5 Lighted sign. Flagpole + sprnklr system. Zoned HVAC front & rear. Front has radiant floor heating & AC. More? CONTRACT Options to OWN = 10% DOWN, 6.5% fixed/30yr ammort $3,185 mo P&I +T&I, 5yr balloon refi. No prepay penalty or PMI!

545386

MLS ID

February 22, 2024

Listed

May 9, 2024

Updated

Map

7302 Mcconnell Avenue
Lowell IN, 46356

Interior Features

Total Stories

1


Interior Features

Elevator


Floor Description

Carpet, Concrete, Tile, Varies


Fireplace

No


Cooling

Yes


Cooling Description

Central Air, Zoned


Heating

Yes


Heating Description

Forced Air, Radiant

Exterior/Building Features

Lot Size

0.86 Acres


Roof

Metal

Other Property Details

Taxes

$5,145


Tax Frequency

Annually


Days on Market

71


Garage

No


Parking

Oversized, Paved


Parking Total

30


View

No


County

Lake


Municipality

Cedar Creek


Water Source

Public


Pool

No


Buyer Agency Compensation

2.5%

Listing History

Date

Event

Price

3/21/2024

Price Change

$560,000

-7%

Courtesy of SCHUPP Real Estate, John Schupp,
Listing Contact:  

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