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    2708 45 St Highland, IN 46322

    For Lease
    $16 SF/Yr ($3,218 /Mo)

    Prime Highland location, renovated office space.

    Lot size:
    2,414 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 2,414 square foot office building, located at 2708 W 45th St in Highland, Indiana, presents a fantastic leasing opportunity. The property, situated on a 0.45-acre lot, boasts a desirable B-1 Neighborhood Business District zoning. Built in 1957 and extensively renovated in 2024, the building offers modern amenities within a classic structure. The space is currently entirely vacant, providing flexibility for a single tenant or multiple occupants. The building is configured to accommodate multiple tenants, with a minimum divisible space of 1,207 square feet and a maximum contiguous space of 1,207 square feet. This allows for customization to suit various business needs. The property's address is 2708 W 45th St, Highland, IN 46322, and its Lake County location offers convenient access to local amenities and transportation routes. The property's APN is 45-07-33-126-011.000-026. This is a rare opportunity to secure a fully renovated, well-located office space in a thriving Indiana community. The modern updates combined with the building's classic charm make this an ideal location for businesses seeking a professional and functional workspace. Contact us today to schedule a viewing.

    Property Features for 2708 45 St

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2,414 SF
    Total Rate
    3218.67

    Building Details

    Year Built/Renovated
    1957/2024

    Unit(s) available at that property

    Space
    Suite 1
    Size
    1,207 SF
    Rate per SF
    $16
    Space
    Suite 2
    Size
    1,207 SF
    Rate per SF
    $16
    Space
    Suites 1 & 2
    Size
    2,414 SF
    Rate per SF
    $16

    HighLights

    • 2,400 SF renovated office building on two floors, each approximately 1,207 SF.
    • 0.45‑acre lot with 65 feet of frontage on 45th Ave in Highland, IN.
    • Separate two‑car garage may be available for lease.
    • High visibility location with over 17,000 vehicles daily on 45th Ave and over 23,000 on Kennedy Ave.
    • Ideal for professional services (e.g., financial advisor, attorney, insurance).
    • Potential for redevelopment.
    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
    -87.4633754
    Latitude
    41.537178

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Highland location, renovated office space.
    Where is this office property / space located?
    The property is located at 2708 45 St Highland, IN.
    What is the lease rate?
    The lease rate is $16 SF/Yr.
    What are key features of this property?
    This property features: 2,400 SF renovated office building on two floors, each approximately 1,207 SF.; 0.45-acre lot with 65 feet of frontage on 45th Ave in Highland, IN.; Separate two-car garage may be available for lease.
    Request Owner's contact information
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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
    2708 45 St Highland, IN 46322
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