2327 45 St Highland, IN 46322
- Commercial real estate
- 8,944 SF
- 0.50 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 2327 45 St
- Year built
- 1992
- Construction
- WOOD
- Lot size
- 0.50 lot acres
- Property size
- 8,944 SF
- Property type
- Commercial real estate
- APN
- 45-07-29-477-007.000-026
- APU
- 450729477007000026
Description
This exceptional all-brick professional building at 2327 45th Street, Highland, Indiana, presents a compelling investment opportunity. Situated on a half-acre lot, the property offers ample parking both in front and in the rear. Currently, the majority of the building is leased to a dental practice under a long-term agreement with a reliable tenant, ensuring consistent rental income. A significant advantage is the inclusion of a smaller, currently vacant office space in the rear, also available for lease, providing immediate potential for increased revenue. The main building features several upgraded private offices, ideal for a variety of professional uses. Furthermore, a fully equipped basement kitchen and employee cafe area adds to the building's functionality and appeal. The building's robust construction and established tenancy make this a low-maintenance, high-return investment. The asking price is $1,100,000. This property is well-suited for investors seeking a stable, income-generating asset with potential for future growth through the leasing of the vacant space. The combination of a strong existing tenant and the readily-leasable secondary space makes this a truly attractive opportunity in the Highland, Indiana market. The property's solid construction and desirable features ensure a long-term, profitable investment.
Value Estimations
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Location Insight
- Map
- Local Demand
- City
- Highland
- County
- Lake
- State
- Indiana
- Longitude
- -87.4725
- Latitude
- 41.538
- CBSA code
- 16980
- CBSA name
- CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA