1729-1735 E Commercial Avenue - Storefront FOR SALE


Lowell, IN 46356
$1,300,000 USD
219-864-0200
1729-1735 E Commercial Avenue, Lowell, IN for Sale
$1,300,000 USD
Storefront - FOR SALE
1/9
null | Request Cap Rate

1729-1735 E Commercial Avenue
Lowell, IN 46356


HIGHLIGHTS

  • Long-term Subway lease provides stable income
  • Located on high-traffic Commercial Avenue
  • Surrounded by national retailers in growth market
  • Zoned B-2 with flexible retail use potential
  • Strong household income and demographics

OVERVIEW

Positioned on the high-visibility corridor of E Commercial Avenue in Lowell, Indiana, this retail property offers a compelling owner-user investment opportunity. The site spans 0.88 acres and includes a 9,120 SF building, of which 7,560 SF is vacant and ready for immediate use. An additional 1,560 SF is leased to Subway, a long-standing tenant with a 20-year occupancy history, providing stable income and co-tenancy appeal. Built in 1971 and zoned B-2, the property benefits from strong traffic counts and proximity to national retailers such as McDonald's, Walgreens, Strack & Van Til, and Dunkin'. The site includes a side delivery door for operational convenience and is located in a rapidly growing market with favorable demographics—average household incomes exceed $100,000 within a 3-mile radius, and the surrounding population tops 21,000 within 5 miles. This asset is ideal for investors seeking a blend of immediate usability and income stability, or for businesses looking to establish a presence in a thriving retail corridor with excellent visibility and access.

FOR SALE DETAILS

PRICE

$1,300,000 USD

PRICE/SF

$143 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1971

SPRINKLERS

-

PARKING SPACES

35

LAND DETAILS

LAND ACRES

0.88 AC

LAND SF

38,333 SF

ZONING

B2

APN/PARCEL ID

45-19-24-452-025.000-008

ASK ABOUT THIS PROPERTY

Brett McDermottLatitude CommercialMore Info
219-864-0200

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Brett McDermottLatitude CommercialMore Info
219-864-0200

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.