346 E Us Highway 30 Unit J, Schererville, IN 46375
COMMERCIAL - Schererville, IN
- Added:
- Jul 3, 2026
- Days on Market:
- 3
- Last Refresh:
- Jul 5 at 10:06 am
Property Features for 346 E Us Highway 30 Unit J
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Parking
- 25
- Parking features
- Off Street
- Interior features
- Ceiling Fan(s), Tray Ceiling(s), Open Floorplan, High Ceilings, Entrance Foyer
- Standard status
- Active
- APN
- 451115330009000036
- Size
- 2,632 SF
- Lot size
- 2.40 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- FOX RUN PLAZA UNIT J
- Tax Annual Amount
- 5378
Utilities
- Sewer type
- Public Sewer
- Heating system
- Forced Air, Natural Gas
- Water source
- Public
Building Details
- Year built
- 2000
Listing agent John Rupp (219) 928-2899
Listing office Advantage Realty Team, LLC 9120 Connecticut Dr. Ste D, Merrillville, IN (219) 771-7000
Listing date Jul 3, 2026
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.
HighLights
- New shingle roof (Dec 2025) plus new furnace and AC unit (2021)
- 40‑gallon hot water heater; forced‑air heating with natural gas
- Epoxy‑over concrete floor in the main showroom and foyer area
- Space layout includes 2 private offices/breakrooms, 2 bathrooms, and a kitchen area with countertops, cabinets, and sink
- Back area adds utility room, exterior door with laundry area hookups, and a bonus storage room that can serve as an additional office
- Large windows bring in natural light; off‑street parking and public water with public sewer
Overview
The suite is located just off Highway 30 within Fox Run Plaza, offering an established commercial setting and convenient access. The owner has indicated openness to leasing, including a lease with an option to buy or renew at the conclusion of the lease term.
Updated building systems support tenant operations, including a new shingle roof scheduled for December 2025, a new furnace and AC installed in 2021, and a 40-gallon hot water heater. With showroom-forward visibility plus partitioned rooms, the layout can suit a range of office users and retail/showroom concepts that need both open presentation space and enclosed work areas.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $56.9k | $21.60 |
| − Vacancy | −$12.3k | −$4.69 |
| EGI | $44.5k | $16.91 |
| − OpEx | −$11.1k | −$4.23 |
| NOI | $33.4k | $12.68 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Schererville
- County
- Lake
- State
- Indiana
- Longitude
- -87.447264
- Latitude
- 41.482673
