Property profile

1 Dunes Hwy Beverly Shores, IN 46301

OFF-MARKET
Office Spaces
Property ID
US31-2958975
8,243 SF 0.9 ac lot Built 1965
Entity Owned 6-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional commercial property, located at 1 E. Dunes Hwy in Beverly Shores, Indiana, presents a unique investment opportunity. The 8,300 square foot building, constructed in 1965 and extensively renovated in 2021, sits on a 0.89-acre lot and offers a variety of office space options, including executive suites, coworking spaces, creative office layouts, and traditional office configurations. Currently, there are six suites in total, with 1,920 square feet of vacant space immediately available for lease. The property is zoned commercial and benefits from its strategic location within the thriving Indiana Dunes National Park submarket, providing unparalleled access to the millions of visitors who frequent this popular destination. The single-story building is easily accessible and does not include elevators. This presents a rare chance to acquire a well-maintained, versatile commercial property in a high-traffic area with significant growth potential. The property's recent renovation ensures modern amenities and functionality, making it an ideal choice for a variety of businesses. Its location in Porter County, Indiana, zip code 46304, offers convenient access to local amenities and transportation networks. The property's diverse suite options cater to a wide range of business needs and sizes. Don't miss this opportunity to establish your business in a prime location with high visibility and strong potential for return on investment.

Property profile

Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1965
Construction TYPE NOT SPECIFIED
Total area 8,243 SF
Lot 0.9 ac (39,378 SF)
APN 64-04-10-327-016.000-011
UPID US31-2958975

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant
  • (Bike/Boat/Book/etc) Store
  • (Bike/Boat/Book/etc) Store

Location

1 Dunes Hwy Beverly Shores, IN 46301
Beverly Shores metro Census 50107 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$260k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$260k

Owner & transaction history

since 2020
4 recorded transactions
2020
Price N/A
2014
Price N/A
2014
Price N/A
2012
$11,586

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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