Property summary
Retail property located in Lowell, Indiana, consisting of an existing 2,378-square-foot building on a parcel that includes an extra 1.75-acre lot with approximately 148 feet of frontage and 339 feet of depth, providing potential for future expansion. The paved lot had construction completed in 2020. Building systems include a roof approximately 10 years old, an air conditioning unit approximately 3–4 years old, and a boiler approximately 15 years old. The .96-acre portion of the lot is suited for potential development of 2–3 four-unit residential buildings, consistent with neighboring parcels. The property is currently configured to support retail use, and it has historically been leased under a multi-year tenancy that remains in place through January 2027.
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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