2 Dunes Highway - Retail FOR SALE


Beverly Shores, IN 46301
$1,250,000 USD
219-873-4487
2 Dunes Highway, Beverly Shores, IN for Sale
$1,250,000 USD
Retail - FOR SALE
1/1
null | Request Cap Rate

2 Dunes Highway
Beverly Shores, IN 46301


OVERVIEW

Well established commercial building now for sale on PRIME location in Beverly Shores IN. There are not many communities within 60 miles from Chicago that offer such natural beauty, plus hiking and bicycling trails for residents and guests. Beverly Shores is about an hour drive from Chicago and just a few minutes drive to Dunes National Park and the beauty of Lake Michigan. The Town South Shore station offers westbound service to downtown Chicago as well as eastbound to the Southbend airport. This property was built to accommodate 3 rental entities. The building has 3 electrical services and 2 gas services. The 3677 sq ft building currently houses a liquore store in 1 unit; and a retail shop featuring "everything beach" in the combined space of 2 units. High traffic location on West Dunes Highway and the entrance to beautiful Beverly Shores. Seller owns the beach store and inventory and fixtures are being sold with the building. The Liquor store rents from Seller. Seller owns cooler & fixtures, but tenant owns all liquid and food inventory. This thriving business has served Beverly Shores families for generations. Additional potential income could come from seasonal food vendors trucks because cables and outlets are available. Gravel parking area on west side of property could also be a source of income. 24 hours notice to view, please.

FOR SALE DETAILS

PRICE

$1,250,000 USD

PRICE/SF

$340 USD /SF

CAP RATE

Request Cap Rate

% LEASED

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TENANCY

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SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Storefront, Department Store

TOTAL BUILDING SIZE

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STORIES

1

YEAR BUILT

1952

SPRINKLERS

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PARKING SPACES

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LAND DETAILS

LAND ACRES

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LAND SF

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ZONING

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APN/PARCEL ID

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ASK ABOUT THIS PROPERTY

Jane CooleyWeichert Realtors Merrion GroupMore Info
219-873-4487

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Jane CooleyWeichert Realtors Merrion GroupMore Info
219-873-4487

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