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    109-111 Mill St Lowell, IN 46356

    New
    For Sale
    $295,000

    Mixed Use - Lowell, IN

    Type:Mixed Use
    Property size:
    8,374 SF
    Lot size:
    0.38 Acres
    Days on Market:
    3
    Last Refresh:
    Dec 11 at 2:06 pm

    Property Features for 109-111 Mill St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Mixed Use
    Standard status
    Active
    Rooms
    Basement
    APN
    451923380028000008
    Parking features
    Off Street
    Exterior features
    Rain Gutters
    Basement Y/N
    1
    Size
    8,374 SF
    Lot size
    0.38 Acres

    Utilities

    Heating system
    Forced Air, Natural Gas

    Building Details

    Year built
    1919
    Architectural style
    Other

    McColly Real Estate (219) 864-7200 [email protected]

    Listing agent William Loy (219) 322-5508 License #RB17001333

    Listing date Dec 9, 2025

    MLS# 831688 Listing URL

    Copyright © 2025 Greater Northwest Indiana Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Lowell Mixed-Use Investment Opportunity

    Located in Lowell, this mixed-use property offers a combination of retail, office, and residential spaces. The property includes a 6,280 square foot retail/office/warehouse space at 109-111 Mill St, extending through the block to 112 Halstead. Additionally, there is a stacked duplex at 116 Halstead, containing two apartments. Each apartment features two bedrooms and one bathroom, with 1047 square feet of living space. The property is situated on a 0.38-acre lot. The apartments offer comfortable living in a suburban setting and include off-street parking. The total property size is 8,374 square feet. The property presents an opportunity to address deferred maintenance.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lowell
    County
    Lake
    State
    Indiana
    Longitude
    -87.421771
    Latitude
    41.291749

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    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use property with retail, office, warehouse, and residential units.
    Where is this mixed-use property located?
    The property is located at 109-111 Mill St Lowell, IN.
    What is the asking price?
    The asking price for this property is $295,000.
    What are key features of this property?
    This property features: - Three-unit retail/office/warehouse space (6,280 SF) ideal for entrepreneurs and business owners.; - High visibility and foot traffic location on Mill St. with access to Halstead St.; - Two spacious (1047 sq ft each) two-bedroom, one-bath apartments.
    (219) 322-5508
    Request Owner's contact information
    109-111 Mill St Lowell, IN 46356
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    Lowell, IN 46356
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    109-111 Mill St Lowell, IN 46356
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