1032 119Th St Whiting, IN 46394
- Medical offices
- 3,600 SF
- 0.43 lot acres
Current Use by Public Records
- Whiting Dental Studio / Dentist
- Certified Safety / Safety Equipment Supplier
Property Details for 1032 119Th St
- Year built
- 2008
- Construction
- WOOD
- Lot size
- 0.43 lot acres
- Property size
- 3,600 SF
- Property type
- Medical offices
- Property subtype
- Medical centers
- APN
- 45-03-07-178-002.000-023
- APU
- 450307178002000023
Description
This well-maintained, all-brick professional office building is ideally situated just blocks from Whiting's vibrant downtown area and offers convenient access to Lake Michigan. The property boasts a generous 0.43-acre lot, providing ample space for parking and potential future expansion. The building's all-brick construction ensures durability and low maintenance. Its prime location makes it highly attractive to a variety of businesses seeking a professional and accessible environment. The proximity to downtown Whiting provides easy access to local amenities, restaurants, and services, while the nearby Lake Michigan access offers a desirable location for employees and clients alike. This presents a unique opportunity for businesses seeking a well-established and conveniently located office space in a thriving community. The building's solid construction and desirable location make it an excellent investment opportunity with strong potential for rental income or owner-occupancy. Serious inquiries are encouraged to explore the possibilities this property offers. The asking price is $849,990. The square footage is not currently available.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $330,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $325,000
- 6.5%
- $325,000
- 7%
- $340,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $260,000
- Geo Method
- $285,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $315,000
- Retail
- $360,000
- Mixed-Use
- $300,000
- Hospitality
- $335,000
- Educational
- $285,000
- Residential Income
- $275,000
- Energy
- $350,000
- Income-Based Land
- $360,000
- Food Service
- $365,000
Location Insight
- Map
- Local Demand
- City
- Whiting
- County
- Lake
- State
- Indiana
- Longitude
- -87.5021
- Latitude
- 41.679
- CBSA code
- 16980
- CBSA name
- CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA