Listing Agency: Berkshire Hathaway Indiana p***@melissagrahteam.com Show Phone

Listed By: Melissa Grah · License #IN RB14049064

Source: Crexi

Added: Apr 11 Changed: Aug 31 Last Checked: Aug 31 at 5:34AM

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Investment Insights

Based on property information with market context.

This historic mixed-use building in downtown Lowell includes two apartments on the upper level. The property also features a large lot and space identified for retail or office use, creating a combination of residential and commercial components at 135 W Commercial Ave.

Key Highlights

• Two apartments located on the upper level
• Historic building in downtown Lowell
• Large lot included with the property

Property Analytics

Property Profile

Current Use

Storefront properties

Suggested Use

Top Pick Law Firm Spa & Massage Center Restaurant Hair Salon Parking Lot & Garage Nail Salon

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

Location Intelligence

Trade Area within ½ mile

316

Businesses Nearby

Explore this area Business Placement

Demographics for 46356, IN

18,668

Population

7,290

Households

2.6

Avg Household Size

41

Median Age

20%

College-Educated

96%

High-School Grad

112.5 sq mi

ZIP Area

166

Density / Sq Mi

$87,535

Median Household Income

$51,151

Median Earnings

$1,190

Median Rent

$256,300

Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020

7.3% 2021

6.5% 2022

6% 2023

5.7% 2024

6.3% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Mixed-use property - The upper level contains two apartments, while the lower area offers retail or office use potential.

Where is this mixed-use property located?

The property is located at 135 W Commercial Ave Lowell, IN.

What are key features of this property?

This property features: Two apartments located on the upper level; Historic building in downtown Lowell; Large lot included with the property