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    8204 Kennedy Ave Highland, IN 46322

    Sponsored
    For Sale
    $249,900

    Versatile Office Space, High Visibility, 2-Car Garage

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional Highland, IN commercial property, located at 8204 Kennedy Avenue, presents a unique investment opportunity. Previously utilized as a construction office for 18 years, this building offers approximately 0.16 acres of land and boasts a versatile layout ideal for a variety of businesses. The main area features two skylights, providing ample natural light, and ceramic tile flooring extends throughout the main room, foyer, and bathroom. A kitchenette with vinyl flooring and a separate slop sink room add convenience. Two additional offices provide private workspaces. The property includes a two-car garage, thoughtfully raised to accommodate a 10-foot-high truck, and equipped with a rolling garage door. Heating is efficient, with a 5-gallon water tank serving the office and an older furnace available in the garage for supplemental winter heating. The property also features an automatic sprinkler system. A significant advantage is the prominent signage facing Kennedy Avenue, a high-traffic road with over 30,000 vehicles passing daily, ensuring excellent visibility for your business. The location offers easy access to the expressway, providing convenient commuting for employees and clients. Priced at $249,900, this property is ready for its next chapter.

    Property Features for 8204 Kennedy Ave

    General Information

    Property type
    Other commercial real estate
    Lot Size
    6,970 SF

    Building Details

    Year Built
    1949
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Highland
    County
    Lake
    State
    Indiana
    Longitude
    -87.46198
    Latitude
    41.56446

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    FAQs

    What type of property is this?
    Commercial real estate - Versatile Office Space, High Visibility, 2-Car Garage
    Where is this commercial real estate located?
    The property is located at 8204 Kennedy Ave Highland, IN.
    What is the asking price?
    The asking price for this property is $249,900.
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    8204 Kennedy Ave Highland, IN 46322
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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
    8204 Kennedy Ave Highland, IN 46322
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