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Office Condo with New Shingle Roof
For Lease
$4,500/Mo

346 E Lincoln Highway, Schererville, IN 46375

Commercial Lease, Schererville, IN

Space SizeContact for details
Lot Size2.40 Acres
Days on Market49

Property Features for 346 E Lincoln Highway

General Information

Property type Commercial Lease
Property subtype Other
Zoning description Commercial
Parking features Off Street
Subdivision Fox Run Plaza Condo Inc
Lot features Paved
Directions 30 to Fox Run Plaza which is just East of Austin
Standard status Active
APN 451115330009000036
Size 2,632 SF
Lot size 2.40 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description FOX RUN PLAZA UNIT J
Tax Annual Amount 5378
Legal Description FOX RUN PLAZA UNIT J

Utilities

Sewer type Public Sewer
Heating system Forced Air, Natural Gas
Water source Public

Amenities

sound system
acoustical ceiling
epoxy floor
large windows
natural light
kitchen
bathrooms
utility room
laundry area
bonus room

Building Details

Year built 2000
Listing Agency: Advantage Realty Team, LLC
Listed By: John Rupp
Added: Jul 3 Changed: Aug 19 Last Checked: Aug 20 at 11:06PM
MLS# 841737

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This one-of-a-kind office condo in Fox Run Plaza offers an inviting, spacious interior that has been freshly painted. The property includes 2,632 square feet and features an epoxy floor in the main showroom and foyer with large windows for natural light. A sound system is supported in the acoustical ceiling.

Recent improvements include a new shingle roof installed in December 2025, along with a new furnace and A/C unit in 2021. A 40-gallon hot water tank supports the water needs. The back area is partitioned into two private offices/breakrooms with potential access from the foyer. The unit also includes a kitchen with countertops, cabinets, a sink, and space for appliances, plus two bathrooms (one with a shower). Additional utility and operational space includes a utility room and laundry area with a washer and gas dryer hookups, a bonus room for storage, files, or an extra office, and a utility sink near the exterior back door.

The condo is located at 346 E Lincoln Highway in Schererville, Indiana, and is served by public water and public sewer. Off-street parking is available.

Key Highlights

  • 2,632 SF office condo in Fox Run Plaza
  • New shingle roof installed December 2025
  • Furnace and A/C updated in 2021

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Parking Lot & Garage Garden Center Tech Support Center Catering Service Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
NNN (Triple Net)
Lease Type
$3.08 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

422
Businesses Nearby

Demographics for 46375, IN

24,051
Population
10,064
Households
2.4
Avg Household Size
46
Median Age
36%
College-Educated
96%
High-School Grad
12.8 sq mi
ZIP Area
1,879
Density / Sq Mi
$89,646
Median Household Income
$51,448
Median Earnings
$1,250
Median Rent
$295,400
Median Home Value

Market

Lease Benchmarks for Schererville, IN

$21.76 /SF/Yr
Avg Asking Price
$20.52–$23 /SF/Yr
Price Range
3,015 SF
Avg Space Size

This space is priced 6% below the average of $21.76 /SF/Yr.

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Well-maintained office condo in Fox Run Plaza with off-street parking and public water and sewer service.
Where is this office units located?
The property is located at 346 E Lincoln Highway Schererville, IN.
What is the lease rate?
The lease rate is $4,500/Mo.
What are key features of this property?
This property features: 2,632 SF office condo in Fox Run Plaza; New shingle roof installed December 2025; Furnace and A/C updated in 2021
More about this property
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