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Listing provided courtesy of McColly Real EstateNorthwest Indiana MLSas Distributed by MLSGrid- MLS# 544452MLS Provider

2327 45th StreetHighland, IN 46322

Commercial · 4,472 Sq. ft. | 0.50 Acres
$1,100,000 Active

2327 45th Street Overview

Time on Site:
817 days
Visits:
16

All brick professional building. Very well built with ample parking in front and rear of building. Currently being rented as dental office. Tenant has long term lease and is a very solid tenant. Rear of building has smaller office space, which is currently rented. This building also boasts several upgraded private offices, basement area with full kitchen and employee cafe. This is a great investment opportunity as the building runs itself.

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2327 45th Street Facts & Features

  • Type Commercial
  • Sq. ft. 4,472
  • Price/Sq.ft. $246
  • Lot 0.50 Acres

Details

General

Income/Expenses

  • Cable TV Expense: 0
  • Other Expense: 0
  • Electric Expense: 0
  • Fuel Expense: 0
  • Gardener Expense: 0
  • Gross Income: 87372
  • Gross Scheduled Income: 87372
  • Insurance Expense: 4078
  • Maintenance Expense: 3000
  • Net Operating Income: 66577
  • New Taxes Expense: 13717
  • Operating Expense: 0
  • Pool Expense: 0
  • Trash Expense: 0

Building Information

  • Year Built: 1992

Location/Region

  • County Or Parish: Lake
  • Subdivision Name: George Korczak Add
  • Township: North

Community/Development

  • Community Features: Curbs,Street Lights

Tax Information

  • Tax Annual Amount: 15131
  • Tax Year: 2025

General Information

  • Listing Terms: Cash,Conventional
  • Parcel Number: 450729477007000026
  • Property Sub Type: Office
  • Property Type: Commercial Sale

Interior

Building Interior

  • Building Area Source: Assessor

General Information

  • Building Features: Other,Business District Location,Wood Panel Ceiling(s),Sheet Rock Ceiling(s),Acoustical Ceiling(s)
  • Electric: Circuit Breakers
  • Heating: Central
  • Interior Features: High Ceilings
  • Living Area: 4472
  • Security Features: Other

Exterior

Parking Information

  • Parking Features: Attached,Paved,Asphalt
  • Parking Total: 15

Lot Information

  • Frontage Length: 87
  • Lot Features: Landscaped,Rectangular Lot
  • Lot Size Acres: 0.499
  • Lot Size Dimensions: 87x250
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 21736.44
  • Water Source: Public

Waterfront/View

  • View: Neighborhood
  • Waterfront: false

Building Exterior/Construction

  • Property Attached: false

General Information

  • Fencing: None
  • Sewer: Public Sewer
  • Utilities: Electricity Connected,Water Connected,Sewer Connected,Natural Gas Available

2327 45th Street Neighborhood

Community

46322 (Highland) Demographics

42
Median Age
3,233
Population Density (per sq. mile)
37%
College Educated
$66,079
Estimated Median Income
7,664
Estimated Total Home Owners
1,860
Estimated Total Renters
80% / 20%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

2327 45th Street Monthly Cost

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Eric Nowik
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

2327 45th Street Market Data

Based on the last 30 days in this zip code

$302,802
Average List Price
$161
Average Price per Square Foot
24
Properties Sold
48
Average Days on Market
79
Properties for Sale
Calculations provided by Reliance Network