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7610 Broadway - Merrillville Off Track Betting, Merrillville, IN

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7610 Broadway - Merrillville Off Track Betting

Merrillville, IN 46410 - Indiana Submarket

Property Type:Sports & Entertainment Sub Type:Casino Status:Existing , Renov 1989 Year Built:1960
Stories:1 Typical Floor:27,050 SF Building Size:27,050 SF
For Sale Price:$799,000 Price/SF:$29.54
Cap Rate:-
Parking:Free Surface spaces are available; Ratio of 2.59/1,000 SF

Sale Notes:
Great Retail Redevelopment Opportunity. Property interior has been demolished close to a "vanilla shell" and ready for the new owner's improvements. The property is priced well below the replacement cost of the building and located on Broadway near the I-65/US 30 interchange. Great (C3) zoning also gives the new owner plenty of options to do within the building. This building provides a user with a great location to sell product to a very dense population. Over 350' of frontage on well traveled Broadway with over 17,000 vehicles/day traveling in front of this location.
Located on Broadway in Merrillville, IN. Merrillville is the largest town in the state located in Ross Township, Lake County, Indiana. The population was 35,246 at the 2010 census. Merrillville is located in the east-central portion of Lake County, in the Chicago metropolitan area.
Merrillville is a hub for retail trade and office users in Northwest Indiana. The US 30 corridor between Taft Street and Colorado Street harbors a large concentration of big-box retailers, hotels, restaurants, and automobile dealerships.

Ameriplex at the Crossroads, an industrial and technology park, opened at Broadway between 93rd Avenue and 101st Avenue in 2005. The development is designated an Indiana Certified Technology Park and includes two Purdue University related facilities: Purdue University Calumet's Academic Learning Center and a business incubator/technology center operated by the Purdue Research Foundation.

Latitude Commercial
Antony Miocic
(219) 864-0200 x4

Myles Rapchak
(219) 864-0200

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