1729 Commercial Ave Lowell, IN 46356-2110
This exceptional investment opportunity presents two prime commercial buildings situated on a combined 0.88-acre lot in Lowell, Indiana's thriving B2 district. Located on East Commercial Avenue, this property benefits from high traffic volume and proximity to major retailers, ensuring strong visibility and accessibility. The larger building, spanning 7560 square feet, previously housed an Advance Auto Parts store, offering significant potential for redevelopment or repurposing. Its substantial size provides ample space for a variety of commercial uses. The second building, measuring 1560 square feet, is currently leased to a Subway restaurant, generating consistent rental income. This dual-building property offers a unique blend of immediate income potential and significant long-term growth prospects. The strategic location on Lowell's main commercial corridor, within a rapidly expanding community, makes this an attractive investment for both seasoned and emerging commercial property owners. The combined size and diverse potential uses of these buildings present a rare opportunity to acquire a significant commercial presence in a high-demand area. This property is priced at $1,686,000 and offers a compelling return on investment. Serious inquiries are encouraged.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.