7020 Broadway Merrillville, IN 46410
Property profile & analytics
7020 Broadway Merrillville, IN 46410
- Office Spaces
- 0.92 lot acres
Property ID
US31-3131218
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Wright Insurance / Insurance Agency
Property Details for 7020 Broadway
- Year built
- 1923
- Lot size
- 0.92 lot acres
- Property type
- Office Spaces
Description
This exceptional 0.92-acre property at 7020 Broadway in Merrillville, Indiana, presents a unique investment opportunity. Currently configured as office space, this building offers endless possibilities for a variety of uses. The substantial lot size provides extensive parking, a significant advantage for any business. A newer garage located at the rear of the property offers valuable storage space, further enhancing its practicality. The building's previous use as office space is well-suited for continued operation in that capacity, benefiting from its high-traffic Broadway location. However, the property's zoning and potential for conversion should be investigated by prospective buyers. The depth of the lot is a notable feature, offering flexibility for expansion or future development. The asking price is $149,900. All interested parties are strongly encouraged to independently verify all zoning regulations and property details before submitting an offer. This property represents a rare chance to acquire a versatile commercial space with significant potential in a desirable location. The combination of ample parking, a dedicated storage garage, and the substantial lot size makes this an attractive proposition for businesses seeking a well-equipped and conveniently located space. The building's history as an office space provides a solid foundation for continued commercial use, while its adaptability opens doors to a range of alternative applications.
Value Estimations
based on Realmo’s proprietary methodology
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Merrillville
- County
- Lake
- State
- Indiana
- Longitude
- -87.33636
- Latitude
- 41.49009
