5340-5364 Broadway - Storefront FOR SALE


Merrillville, IN 46410
$990,000 USD
219-746-4334
5340-5364 Broadway, Merrillville, IN for Sale
$990,000 USD
Storefront - FOR SALE
1/66
null | Request Cap Rate

5340-5364 Broadway
Merrillville, IN 46410


HIGHLIGHTS

  • Large Enclosed climate controlled building, high traffic location off major highways NWI Hub
  • Can be converted to single user for main portion building or continue as seperate end users tenants. Two loading docks for tenants
  • Move in ready condition, Plenty of parking, highly divisible lot.

OVERVIEW

Strip mall available in prime location on Broadway in the Town of Merrillville, IN! This property, known as City Mall, consists of a total of approximately 3 acres. Close proximity to Interstates 80/94 and 65. Building has a total of over 43,000 sq ft of usable space. 2 loading dock areas. Additional garage currently being used by a tenant for storage. Current tenants include: bookstore, beauty salon, religious organization, discount home goods store, and several other retailers in the center vendor space. Most rents are below market. There is also potential to develop outlots for retail, office, restaurants, etc in the huge parking lot! The upper level office space with its own separate entrance is an added bonus! Perfect for an investor/ developer or owner user. Major value add opportunities here!

FOR SALE DETAILS

PRICE

$990,000 USD

PRICE/SF

$23 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

City Mall

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Distribution, Manufacturing, Warehouse

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1965

SPRINKLERS

-

PARKING SPACES

100

LAND DETAILS

LAND ACRES

3.06 AC

LAND SF

133,294 SF

ZONING

C

APN/PARCEL ID

45-12-04-232-018.000-031

ASK ABOUT THIS PROPERTY

Nancy FrigoColdwell Banker Commercial RealtyMore Info
219-746-4334

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Nancy FrigoColdwell Banker Commercial RealtyMore Info
219-746-4334

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