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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

606 Lincoln Hwy Merrillville, IN 46410

16,160 SF
Property ID
Property summary
AI-generated overview

This attractive, two-story, 16,160-square-foot office building in Merrillville, Indiana, offers a remaining 1,882-square-foot first-floor unit. The octagon-shaped building features a split-face block and dryvit exterior, abundant natural light from numerous windows, and a recently renovated interior. The space includes four offices, a conference room, two private bathrooms (one with a shower), and a kitchenette. Recent upgrades include a new furnace and air conditioning unit, LED lighting, flooring, and paint. The building also boasts 72 parking spaces and is conveniently located on US Highway 30, offering excellent visibility and accessibility. Extensive recent exterior renovations include new LED lighting, a 25-foot pylon sign, resealed and restriped parking lot, a new fire monitoring system, sidewalk and curb repairs with a new handicap-accessible ramp, fresh exterior paint, and new landscaping. The building is zoned C-3 and sits on a 2.17-acre lot. The second floor is fully leased to Union Wellness Centers Merrillville. The building's prime location offers easy access to I-65 and is near numerous amenities, including Meijer, Starbucks, and various restaurants and businesses. This space is ideal for a variety of office uses, including traditional office, medical office, or coworking. The minimum divisible space is 1,882 square feet, and the maximum contiguous space is also 1,882 square feet. The building was renovated in 2024.

Property profile
Verified
Property type Retail properties & Spaces
Total area 16,160 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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