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Property profile & analytics
OFF-MARKET
Retail space

403 Commercial Ave Lowell, IN 46356-2217

6,301 SF 0.45 ac lot Built 1955
Individually Owned 9-yr Hold ~ Est. High Equity
Property ID
US31-0558928
Property summary
AI-generated overview

This exceptional 1,400 square foot retail space is available for lease in Lake County, offering a fantastic opportunity for a single-tenant business. Located at 400 E Commercial Ave, the property boasts a completely vacant, move-in ready interior, providing flexibility for any tenant's specific needs and design preferences. The building's total square footage is 1,400 square feet, ensuring ample space for operations and potential expansion. The property is classified as commercial retail, making it ideal for a wide range of businesses, from boutiques and cafes to service providers and specialty shops. Its single-tenant occupancy guarantees exclusive use and control of the entire space, eliminating the complexities of shared spaces and potential conflicts with other tenants. The property's location in Lake County offers excellent access to local traffic and potential customers, providing a strategic advantage for any business seeking high visibility and foot traffic. This is a rare opportunity to secure a well-positioned, fully vacant retail space in a desirable location. The property is ready for immediate occupancy, allowing businesses to quickly establish their presence and begin operations. Interested parties are encouraged to inquire promptly to secure this exceptional retail space. The property is available for lease and offers a blank canvas for a new business venture.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1955
Construction WOOD
Total area 6,301 SF
Lot 0.45 ac (19,428 SF)
APN 45-19-27-228-003.000-038
UPID US31-0558928
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Brian A Mitsch · 9 yrs held
Brian A Mitsch
since 2016
2 recorded transactions
2016
Price N/A
2016
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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