4822 Kennedy Ave - Churches FOR SALE


East Chicago, IN 46312
$375,000 USD
219-746-5747
4822 Kennedy Ave, East Chicago, IN for Sale
$375,000 USD
Churches - FOR SALE
1/7
null | Request Cap Rate

4822 Kennedy Ave
East Chicago, IN 46312


HIGHLIGHTS

  • Features classic architectural elements that offer charm and character rarely found in the East Chicago area.
  • Special purpose/church use, the structure can accommodate congregations, meetings, and community events, making it suitable for many adaptive reuses.
  • Providing outdoor space and flexibility for future improvements.
  • Allows for residential and related uses, with potential opportunities for redevelopment subject to zoning requirements.
  • There is room to grow operations or reimagine the space for increased utilization and revenue opportunities.

OVERVIEW

Introducing a prime opportunity for a Special Purpose/Church investor: 4822 Kennedy Ave, East Chicago, IN. This historic 10,524 SF building, constructed in 1921, o?ers a versatile canvas for your vision. Zoned R1A, the property's 50% occupancy presents an excellent foundation for growth. With ample space for congregation, meetings, and community events, this property boasts immense potential. This timeless structure with classic architectural elements is a rare find in the East Chicago area. Don’t miss the chance to bring new life to this distinctive property and create a lasting impact in the community.

FOR SALE DETAILS

PRICE

$375,000 USD

PRICE/SF

$47 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Churches

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1921

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.33 AC

LAND SF

14,258 SF

ZONING

Commercial other

APN/PARCEL ID

45-03-28-383-031.000-024

ASK ABOUT THIS PROPERTY

Jim SamuelsonTeam Pursue Commercial DivisionMore Info
219-746-5747

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Jim SamuelsonTeam Pursue Commercial DivisionMore Info
219-746-5747

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