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8695 Connecticut St Merrillville, IN 46410

For Sale
$2,350,000

17,220 SF Multi-Tenant Medical Building

Property size:
17,220 SF

Description

Added:
Dec 11, 2024
Days on Market:
369
This exceptional investment opportunity presents two adjoining medical office buildings totaling 17,220 square feet, situated within the Environ Professional Center PUD complex in Merrillville, Indiana. The complex enjoys a prime location, directly adjacent to Southlake Methodist Hospital, offering unparalleled convenience and visibility. Both buildings feature attractive brick exteriors and updated interiors, including Pergo flooring. Recent improvements to the complex include new metal roofs, landscaping enhancements, paved areas, and a welcoming fountain at the entrance. Building 8695 (9,181 SF) has two available suites: Suite A (1,781 SF) with three offices, a waiting area, open space, and a bathroom; and Suite B (2,634 SF) featuring five exam rooms, an office, staff lounge, nurses' station, and a large open area. Two additional suites are currently leased. Building 8679 (8,039 SF) offers two available suites: Suite C (1,502 SF) with four exam rooms, an office, reception area, filing room, and bathrooms; and Suite D (1,128 SF) including an office, open area, storage, and bathrooms. One additional suite is currently leased. Gross rent includes real estate taxes, insurance, and CAM expenses; tenants pay utilities and janitorial services separately. The property benefits from excellent access to I-65/US Highway 30 interchange and is close to various amenities, including restaurants and shopping. 2023 real estate taxes for 8695 were $14,023.36 ($1.53/SF), and $11,853.36 for 8679. The asking price is $2,350,000 ($136.47/SF).

Property Features for 8695 Connecticut St

General Information

Property type
Medical offices
Square Feet
17,220 SF

HighLights

  • $2,350,000 asking price for a 17,220 square foot medical office building in Merrillville, IN.
  • Multi‑tenant property with a price per square foot of $136.47.
  • Located at 8695 & 8679 Connecticut Street, Merrillville, IN 46410, adjacent to Southlake Methodist Hospital.
  • Features renovated interiors with Pergo flooring and recent exterior improvements including new roofs and landscaping.
  • Multiple suites available for lease, ranging in size from approximately 1,128 to 2,634 square feet.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Chhabra Medical Corporation Medical Center Bionic Prosthetics & Orthotics ... Orthotics & Prosthetics Service Dr. Bhupindar Chhabra, ... Doctor Mrs. Suzanne Meeks Nurse Practitioner Hannah Schuster Physical Therapist

Suggested Use

Restaurant Realty agency Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Dental Office Hair Salon Law Firm Gym & Fitness

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

Location Insight

  • Map
  • Local Demand
City
Merrillville
County
Lake
State
Indiana
Longitude
-87.3322609
Latitude
41.4608048

FAQs

What type of property is this?
Medical office - 17,220 SF Multi-Tenant Medical Building
Where is this medical office 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: $2,350,000 asking price for a 17,220 square foot medical office building in Merrillville, IN.; Multi-tenant property with a price per square foot of $136.47.; Located at 8695 & 8679 Connecticut Street, Merrillville, IN 46410, adjacent to Southlake Methodist Hospital.
More about this property
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