8510 Broadway Merrillville, IN 46410-7032

Property Details for 8510 Broadway

Lot size

4.59 lot acres

Property type

Commercial land

APN

45-12-28-226-001.000-030

APU

451228226001000030

Description

This exceptional Class A medical office building, located at 8510-8514 Broadway in Merrillville, Indiana, presents a unique owner-user opportunity. The 14,680-square-foot, two-unit condominium building boasts a prime location, situated on a 1.08-acre lot (APN: 45-12-28-227-004.000-030) and zoned C-3. Built in 1991 with a 2005 addition, the property underwent significant exterior renovations in 2017 (handicap ramp replacement, tuckpointing, parking lot resurfacing) and a roof replacement in 2018. Currently 100% occupied, the building features a thoughtfully designed layout ideal for various medical and professional uses. The ground floor includes reception areas, waiting rooms, exam rooms, procedure rooms, operating rooms, and ample storage. The second floor offers additional office space, a conference room, staff lounge, and laboratory. The seller is relocating and is open to a leaseback arrangement. Property taxes for 2023, payable in 2024, are $49,008.24. This exceptional property benefits from its proximity to major roadways (US Route 30 and I-65), Methodist Hospital, NiSource/NIPSCO headquarters, and numerous banks and restaurants. The asking price is $1,590,000 ($108.31/sq ft).