4717 Lincoln HwyMerrillville, IN 46410

Property Details for 4717 Lincoln Hwy

Year built

1943

Construction

WOOD

Lot size

2.73 AC

Property size (Sq ft)

4,064 SF

Property type

Retail properties

Property subtype

Turn key restaurants

APN

45-12-24-426-005.000-046

APU

451224426005000046

Description

This exceptional 2.73-acre commercial and industrial land parcel presents a remarkable investment opportunity in Hobart, Indiana. Strategically located on the southwest corner of US Highway 30 and Clay Street, this property boasts a prominent stoplight intersection on a high-traffic thoroughfare, ensuring maximum visibility and accessibility. The site's proximity to the I-65/US 30 interchange further enhances its strategic value, placing it within easy reach of a large and diverse customer base. The area is densely populated with car dealerships, auto repair shops, retail outlets, and light industrial businesses, creating a synergistic environment for a variety of commercial ventures. Current owners are upgrading utility services to meet modern development standards. The B03 zoning permits a range of uses, making this location ideal for businesses seeking high visibility and convenient access. Annual property taxes are approximately $16,000. The parcel's size and location make it particularly well-suited for development projects such as gas stations, car washes, or other businesses that benefit from high traffic volume and excellent visibility. The property's APN is 45-12-24-426-005.000-046. This is a rare opportunity to acquire a prime commercial lot in a thriving Indiana market. The asking price is $899,000.

Location Insight

City

Merrillville

County

Lake

State

Indiana

Latitude

41.4701

Longitude

-87.2783

CBSA code

16980

CBSA name

CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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