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1040 Wabash Avenue

Chesterton, IN 46304
  • $3,600,000
  • STATUS: Active
  • ON SITE: 28 Days
  • MLS #: 511048
UPDATED: 21 min ago
$3,600,000
  • 0
    BEDS
  • 2.43
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 41,235
    SQFT
  • $87
    $/SQFT
Neighborhood:
Wabash W Industrial Pk
Type:
Commercial
Built:
1986
County:
Porter
Area:
Chesterton

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Description

NNN lease, 3.5+ yrs of term remaining on current 5 year lease. Renewal option with 10% rent increase in 2nd year of renewal option. Building for sale only. Existing tenant is subsidiary of large corporation, has been in place since business acquired in 2007. Previously, same business operated from this location. Well suited for current operations, with large warehouse, large open office space, and loading docks.

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© 2022 Multiple Listing Service of the Greater Northwest Indiana Association of REALTORS®, Inc. All rights reserved. Information Deemed Reliable but Not Guaranteed. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange Program of the Multiple Listing Service of the Greater Northwest Indiana Association of REALTORS®, Inc. Real estate listings held by brokerage firms other than Lisa Gaff Team | White Hat Realty Group are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2022-05-26T10:52:38.45.
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1040 Wabash Avenue Chesterton, IN 46304

  • Price: $3,600,000
  • Status: Active
  • On Site: 28 Days
  • Updated: 21 min ago
  • MLS #: 511048
0
Beds
0
Baths
0
½ Baths
2.43
Acres
41,235
SQFT
$87
$/SQFT
1986
Built
Neighborhood:
Wabash W Industrial Pk
County:
Porter
Area:
Chesterton
Property Description
NNN lease, 3.5+ yrs of term remaining on current 5 year lease. Renewal option with 10% rent increase in 2nd year of renewal option. Building for sale only. Existing tenant is subsidiary of large corporation, has been in place since business acquired in 2007. Previously, same business operated from this location. Well suited for current operations, with large warehouse, large open office space, and loading docks.
Exterior Features

Building Construction ConcreteSteel Siding Building Exterior Steel Siding Dock Features Depressed Foundation Concrete Perimeter Frontage Access City Street Lot Dimensions 482.53X247.49 Misc Outside Ada CompliantSecurity Lighting Parking Private Parking Parking Spaces 0 Rail Availability Potential Roof Coverings Metal Roof Structure GableSteel Joist

Interior Features

Air Conditioning Ventilation Central Air Ceiling Type Exposed Under RoofSuspended Floor Finish CarpetConcreteTile Heat Ventilation Forced AirGas Heat Misc Inside Ada CompliantLunch RoomMeeting RoomPrivate Restrooms

Property Features

Amenities Other Backup Information Leases/CopiesLegal DescriptionSurveyOther Current Use Flex SpaceInd./Manufact.Warehouse Electrical Service 201 - 600 Amps3 Phase Fire Protection Fire ExtinguishersHydrant On SiteSprinkler Wet Information 48 Hr Notice ReqConfidentiality Req Possession Close Of Escrow Potential Use Flex SpaceIndustrialOfficeWarehouse Property Subtype1 Other Property Subtype2 Office Taxes 15163 Tenant Pays C.A.M.ElectricityInsuranceJanitorial ServiceRe TaxRepairsScavengerSewerWater Terms CashConventional Transaction Type Sale Utilities On

Listing information © 2022 Multiple Listing Service of the Greater Northwest Indiana Association of REALTORS®.
Listing courtesy of Brittaney Lehman of Re/Max Select Realty.

© 2022 Multiple Listing Service of the Greater Northwest Indiana Association of REALTORS®, Inc. All rights reserved. Information Deemed Reliable but Not Guaranteed. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange Program of the Multiple Listing Service of the Greater Northwest Indiana Association of REALTORS®, Inc. Real estate listings held by brokerage firms other than Lisa Gaff Team | White Hat Realty Group are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2022-05-26T10:52:38.45.
 
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