Medical Office Buildings Near
8695 Connecticut St, Merrillville, IN
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Two medical office buildings near Southlake Methodist Hospital for sale.
Type:OFFICE
Property size:
17,220 SFLot size:
2.48 AcresPrice / SF:
$136/SF- Added:
- Jan 30, 2024
- Days on Market:
- 833
- Last Refresh:
- Apr 5 at 8:30 pm
Property Features for 8695 Connecticut St
General Information
- Standard status
- Active
- Size
- 17,220 SF
- Lot size
- 2.48 Acres
- Property subtype
- OFFICE
Listing agent David A Lasser (219) 795-1100
Listing office Commercial In-Sites, LLC (219) 795-1100
Listing date Jan 30, 2024
Source Moodyscre
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Commercial In-Sites, LLC
HighLights
- Ideal location adjoining Southlake Methodist Hospital, suitable for professional, medical, and dental tenants.
- Two buildings with multiple suites offering diverse layouts suitable for various business needs.
- Recent renovations including Pergo "wood" flooring, metal roof replacement, landscaping, paving, and a fountain.
- Existing tenants in place, including Legacii Homecare Service and Retina Assoc., providing immediate income potential.
- Suite D/E has Bionic Prosthetics & Orthotics Group willing to sign a 5‑year lease or vacate upon sale, offering flexibility.
- Gross rent includes Real Estate taxes, insurance and CAM expense.
Overview
Two buildings, located at 8695 Connecticut St, are part of the Environ Professional Center P.U.D. complex adjoining Southlake Methodist Hospital. The buildings feature brick exteriors and interior renovations, including Pergo flooring, making them suitable for professional, medical, and dental tenants. Recent improvements to the complex include replacement of metal roofs, landscaping, paving, and a fountain at the entrance. The 8695 building is 9,181 square feet with two available suites. Suite A is 1,751 square feet with 3 offices, a waiting area/entry, an open area, and a bathroom. Suite B is 2,592 square feet with 5 exam rooms, 1 office, a staff lounge, a nurses’ station, and a large open area. Suite C is leased to Legacii Homecare Service, and Suite D/E is occupied by Bionic Prosthetics & Orthotics Group, willing to sign a 5-year lease or vacate upon the building's sale. The 2022 pay 2023 real estate taxes are $14,023.36 ($1.53/SF). The 8679 building is an 8,039 square foot building with three units and two available suites. Suite A/B is leased to Retina Assoc. Suite C is a 1,502 square foot available space with 4 exam rooms, 1 office, a reception/waiting area, a filing room, and a set of bathrooms. Suite D is 1,128 square feet with 1 office, an open area, a storage closet, and bathrooms. Tenants pay separately metered utilities and janitorial cleaning. The 2022 pay 2023 real estate taxes are $11,516.04 ($1.43/SF).
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Chhabra Medical Corporation
Medical Clinic
Bionic Prosthetics & Orthotics ...
Orthotics & Prosthetics Service
Dr. Bhupindar Chhabra, ...
Physician
Mrs. Suzanne Meeks
Physician
Hannah Schuster
Physician
Location Insight
- Map
- Local Demand
- City
- Merrillville
- County
- Lake
- State
- Indiana
- Longitude
- -87.3307
- Latitude
- 41.4611
Nearby Similar for Sale
FAQs
What type of property is this?
Medical Office Space - Two medical office buildings near Southlake Methodist Hospital for sale.
Where is this medical office space located?
The property is located at 8695 Connecticut St Merrillville, IN.
What is the asking price?
The asking price for this property is $2,350,000.
What are key features of this property?
This property features: Ideal location adjoining Southlake Methodist Hospital, suitable for professional, medical, and dental tenants.; Two buildings with multiple suites offering diverse layouts suitable for various business needs.; Recent renovations including Pergo "wood" flooring, metal roof replacement, landscaping, paving, and a fountain.
