This exceptional Class A medical office building, located at 8510-8514 Broadway in Merrillville, Indiana, presents a unique owner-user opportunity. The 14,680-square-foot, two-unit condominium building boasts a prime location, situated on a 1.08-acre lot (APN: 45-12-28-227-004.000-030) and zoned C-3. Built in 1991 with a 2005 addition, the property underwent significant exterior renovations in 2017 (handicap ramp replacement, tuckpointing, parking lot resurfacing) and a roof replacement in 2018. Currently 100% occupied, the building features a thoughtfully designed layout ideal for various medical and professional uses. The ground floor includes reception areas, waiting rooms, exam rooms, procedure rooms, operating rooms, and ample storage. The second floor offers additional office space, a conference room, staff lounge, and laboratory. The seller is relocating and is open to a leaseback arrangement. Property taxes for 2023, payable in 2024, are $49,008.24. This exceptional property benefits from its proximity to major roadways (US Route 30 and I-65), Methodist Hospital, NiSource/NIPSCO headquarters, and numerous banks and restaurants. The asking price is $1,590,000 ($108.31/sq ft).
Highlights
Class A, 14,680 SF medical office building in Merrillville, IN.
Prime location on 1.08-acre lot, zoned C-3, near US Route 30 and I-65.
100% occupied, with potential for owner-user or leaseback.
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Contacts
David Lasser
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8510 Broadway, Merrillville, Indiana, 46410
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8510 Broadway
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