Two-Building Automotive Flex
9602 W 133rd Avenue Cedar Lake, IN 46303
New
9602 W 133rd Avenue, Cedar Lake, IN, 46303
$599,900
For Sale
$599,900
SINGLE_FAMILY - Cedar Lake, IN
Property Size6,940 SF
Lot Size0.41 Acres
Price / SF$86.44
Days on Market1
Property Features for 9602 W 133rd Avenue
General Information
- Property type
- Residential
- Property subtype
- Retail
- Parking
- 15
- Standard status
- Active
- APN
- 451521476014000014
- Size
- 6,940 SF
- Lot size
- 0.41 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- S. 300FT OF THE W. 60FT OF THE E. 230FT SE1/4 S.21 T.34 R.9 (SUBJ TO UTILITY EAS M'T) 0.413 AC
- Tax Annual Amount
- 4033
Utilities
- Sewer type
- Public Sewer
- Heating system
- Forced Air
- Water source
- Public
Building Details
- Year built
- 1977
Listing agency
BHHS Executive Realty
(219) 663-1986
Listed by
David Harkabus · License #RB14042838
(219) 313-1669
Added: Jul 23 Checked: Jul 23 at 11:06AM
MLS# 842738
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.
Investment Insights
Based on property information with market context.
This for-sale mixed-use commercial property includes two buildings totaling 6,940 square feet. Building 1 features a retail showroom with counter space, a repair/build shop, indoor vehicle parking, a private office, and a bathroom with a wash tub and shower. Building 2 provides storage and a light fabrication area, along with two paint booths, approximately 15-foot ceilings in about half the building, a storage loft, a second-floor office, and two overhead doors.
The property is located on a high-traffic east-west corridor, with convenient access and strong visibility from 133rd Avenue. On-site parking totals approximately 3,750 square feet, and additional public parking is available across the street.
The current setup supports automotive-related and light fabrication uses, including custom motorcycle fabrication, painting, sales, and full-service repair, as well as golf cart sales. Immediate possession is available.
The property is located on a high-traffic east-west corridor, with convenient access and strong visibility from 133rd Avenue. On-site parking totals approximately 3,750 square feet, and additional public parking is available across the street.
The current setup supports automotive-related and light fabrication uses, including custom motorcycle fabrication, painting, sales, and full-service repair, as well as golf cart sales. Immediate possession is available.
Key Highlights
- 6,940 sq. ft. mixed‑use commercial property with two buildings on 133rd Avenue in Cedar Lake
- Two buildings: Building 1 approx. 3,000 sq. ft. with retail showroom, repair/build shop, indoor vehicle parking, private office, bathroom
- Building 2 approx. 4,000 sq. ft. with storage, light fabrication area, two paint booths, 15‑ft ceilings (about half), storage loft, 2nd‑floor office
Local Financial Insights For Industrial
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 | $60.8k | $8.76 |
| − Vacancy | −$3.3k | −$0.47 |
| EGI | $57.5k | $8.29 |
| − OpEx | −$17.3k | −$2.49 |
| NOI | $40.3k | $5.80 |
6,940 SF · lease $8.76/SF/yr · vacancy 5.39% · expense 30.00%
Alternative Uses
Best Use
Retail
$955.4K
$836.0K – $1.11M
NOI $66,877 @ 7.0% cap · market cap 11.15%
Second Best
Industrial
$575.2K
$503.3K – $671.0K
NOI $40,262 @ 7.0% cap · market cap 6.71%
Theoretical Best
Specialty Retail
$1.94M
$1.70M – $2.26M
NOI $135,616 @ 7.0% cap · market cap 22.61%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Scooter Shooterz Hot ...
Auto Repair Shop
Similar For Sale Nearby
Similar Off Market Nearby
- La Dilla Mexican Grill — 9759 Lincoln Plz Wy, Cedar Lake, IN 46303
FAQs
What type of property is this?
Flex space - Two-building mixed-use commercial property with showrooms, fabrication and repair space, and multiple overhead doors.
Where is this flex space located?
The property is located at 9602 W 133rd Avenue Cedar Lake, IN.
What is the asking price?
The asking price for this property is $599,900.
What are key features of this property?
This property features: 6,940 sq. ft. mixed‑use commercial property with two buildings on 133rd Avenue in Cedar Lake; Two buildings: Building 1 approx. 3,000 sq. ft. with retail showroom, repair/build shop, indoor vehicle parking, private office, bathroom; Building 2 approx. 4,000 sq. ft. with storage, light fabrication area, two paint booths, 15‑ft ceilings (about half), storage loft, 2nd‑floor office
