1040 Wabash Ave, Chesterton, IN 46304 - Myers Trust

1040 Wabash Ave, Chesterton, IN 46304


MLS ID: #202214882
Price: $ 3,600,000
Sq Ft: 41,235
Office SqFt: 41,235
Lot Size: 2.43 Acres
Year Built: 1986
Taxes: $ 14,871
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NNN lease, 3.5+ yrs of term remaining on current 5 year lease. Renewal option with 10% rent increase in 2nd year of renewal option. Building for sale only. Existing tenant is subsidiary of large corporation, has been in place since business acquired in 2007. Previously, same business operated from this location. Well suited for current operations, with large warehouse, large open office space, and loading docks.

MLS ID: 202214882


Auction No
New Construction No
Number of Buildings 1
Building 1
Bldg 1 Above Ground SF 41,235
Bldg 1 Below Ground SF 0
Bldg 1 Stories 1
Bldg 1 Finished Office SF 6,000
Lot Dimensions 482.53x247.49
Approx Lot Size SqFt 105,851
Approx Lot Size Acres 2
Ceiling Height 12
Road Access City
Parking Yes
Parking Lot, Paved, Private
Parking Type Paved Parking Lot
Total Restrooms 4
Interior Height 12
Ingress/Egress Asphalt
Water Front No
Currently Leased Yes
Lease Term Remaining 3.5+ years with 5 year renewal option
Sprinkler System Yes
Signs No
Fire Doors No
Enterprise Zone No
Sale Includes: Building, Land
Heating/Fuel Gas, Forced Air
Cooling Central Air
Exterior Metal
Roof Material Metal
Interior Walls Drywall, Metal
Flooring Carpet, Concrete, Tile
Water Utility City
Sewer City
Special Features Three Phase, Loading Dock 1, Loading Dock 2, Office Space, Other
Annual Taxes $14,871.00


Listing Agent: Brittaney Lehman


Property information is provided by the Indiana Regional MLS. The IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the IRMLS. Featured Properties may have updated information provided by Myers Trust.