145 Broad St Griffith, IN 46319
- Commercial real estate
- 1,752 SF
- 0.19 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 145 Broad St
- Year built
- 1931
- Lot size
- 0.19 lot acres
- Property size
- 1,752 SF
- Property type
- Commercial real estate
Description
This exceptional 1,752-square-foot retail building, constructed in 1931, is ideally situated in the heart of downtown Griffith, Indiana, at 145 N Broad St, 46319. Priced at $399,000 ($227.74 per square foot), this freestanding property offers unparalleled visibility and exposure on Broad Street. Its versatile design makes it suitable for a variety of commercial uses, from retail ventures to professional offices or even small-scale distribution. The building features two overhead doors and a sizable outdoor patio area, adding to its functional appeal. Its location on the southeast corner of Broad Street and Columbia Avenue provides excellent access to major transportation routes, including convenient proximity to Interstate 80/94, offering quick access to Chicago and the broader Midwest, and Interstate 65 for efficient north-south travel. The surrounding area is a mix of commercial businesses and residential properties, ensuring a steady flow of potential customers. The 0.19-acre lot provides ample space for operations and potential expansion. This property represents a significant opportunity for businesses seeking a prime location in a thriving community within the Chicago metropolitan area. Griffith, with a population of 16,420 (2020 census), is strategically located in Lake County, Indiana, bordering several other towns and cities. This presents a unique chance to establish or expand a business in a well-connected and growing area.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Griffith
- County
- Lake
- State
- Indiana
- Longitude
- -87.4273532
- Latitude
- 41.5244376