2549 Highway Avenue, Highland IN, 46322

Active

2549 Highway Avenue

Highland IN, 46322

$550,000

$65.23 per sqft

Active

8,432 sqft

Commercial

Built in 1968

Unbelievable investment opportunity!! This income property has a quality, long-term tenant, and tenant is responsible for 90% of all maintenance items! Because this building is leased, and has been leased in the past to a state accredited school, the property is exempt for any/all real estate taxes! The building is in a wonderful location in downtown Highland, and building is in very good condition with low maintenance. Gross rent generated is nearly pure income to the building owner. It is the BUILDING ONLY for sale, and not the business. Opportunities for an investment like this one do not come along very often. Do Not Miss Out!!

802175

MLSⓇ ID

April 15, 2024

Listed

May 9, 2024

Updated

Map

2549 Highway Avenue
Highland IN, 46322

Interior Features

Total Stories: 2
Interior Features: Entrance Foyer, High Ceilings
Appliances: None
Laundry Description: None
Floor Description: Laminate, Vinyl
Fireplace: No
Cooling: Yes
Cooling Description: Central Air
Heating: Yes
Heating Description: Natural Gas, Central, Forced Air

Exterior/Building Features

Lot Size: 1.68 Acres
Exterior Features: Private Yard, Rain Gutters
Lot Features: Landscaped, Paved, Rectangular Lot
Roof: Asphalt, Mansard, Shingle
Sewer: Public Sewer

Other Property Details

Days on Market: 22
Garage: No
Parking: Additional Parking, Asphalt, Off Street, On Site, Parking Lot, Paved
Parking Total: 60
View: No
County: Lake
Municipality: North
Water Source: Public
Pool: No
Zoning: Commercial
Buyer Agency Compensation: 2%

Listing History

Date	Event	Price
4/24/2024	Price Change	$550,000 -16%

Courtesy of T.J. Boyle Real Estate, Inc., Tom Boyle,
Listing Contact: [email protected]

The data relating to real estate for sale on this web site comes in part from the Northwest Indiana REALTOR Association. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Team Hernandez Home Selling System shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.