101 90th Dr Merrillville, IN 46410-7171

Property Details for 101 90th Dr

Year built

1993

Construction

WOOD

Lot size

0.93 lot acres

Property size

12,429 SF

Property type

Office Properties & Spaces

APN

45-12-27-304-006.000-030

APU

451227304006000030

Description

This exceptional 12,429 square foot, three-unit office building presents a compelling investment opportunity in Merrillville, Indiana. Located at 101 E 90th Dr, this 1993-built brick structure boasts a strong leasing history with stable, long-term tenants, including a major financial services firm occupying space since 1999 and a regional title company since 2014. The building's prime location in South Merrillville, bordering Crown Point, offers convenient access to major thoroughfares like 90th Drive, Broadway Avenue (SR-53), and US Highway 30. Its proximity to The Ameriplex at the Crossroads and Broadway Methodist Hospital further enhances its appeal. Currently, one unit is available, presenting an owner-occupier opportunity to build equity while generating additional income, or an investor can capitalize on the vacancy to increase rental rates, particularly by attracting a medical office tenant, given the building's suitability for both general office and medical uses. The building features ample parking and prominent marquis signage. The asking price is $1,485,000. The well-maintained building, with recently remodeled occupied suites, offers a professional and welcoming environment for tenants and clients alike.

Location Insight

City

Merrillville

County

Lake

State

Indiana

Longitude

-87.3337

Latitude

41.4547

CBSA code

16980

CBSA name

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

Property Tax & Assessments