3427 83Rd Pl Merrillville, IN 46410
This exceptional 2,418 square foot flex space is part of a four-unit building situated in the desirable C & O Industrial Park. Currently undergoing renovations including bathroom upgrades and warehouse cleaning, this unit boasts two offices, restrooms, and a spacious 1,875 square foot warehouse area. The warehouse features a 12' x 14' overhead door and impressive 16' ceiling clearance with ceiling fans. The robust floor construction consists of 5" wire-mesh reinforced concrete with a drain per bay, and the unit is equipped with 400-amp electric service. This gross lease property includes utilities and dumpster service. Benefit from its prime location: a half-mile south of US Highway 30 and 1.5 miles east of I-65, providing easy access just south of the Colorado and US Highway 30 intersection. Enjoy proximity to Southlake Mall, numerous restaurants, and other amenities. Commuting is a breeze, with a 3-minute drive to the US 30 & I-65 intersection, 13 minutes to Valparaiso, and 55 minutes to downtown Chicago. The property is located in the City of Hobart, with a Merrillville mailing address, on a 0.82-acre lot within a 9,672 square foot building. The property is zoned M-1. Detailed information on the area's business climate is available upon request.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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