6625 W Lincoln HWY, Schererville, IN 46307
6625 W Lincoln HWY, Schererville, IN 46307
6625 W Lincoln HWY, Schererville, IN 46307
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$3,700,000
Est. payment /mo
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10,289 SqFt
New

6625 W Lincoln HWY Schererville, IN 46307

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Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

Square Footage 10,289 sqft

Price per Sqft $359

Subdivision Harvest Manor 01 Sec 01

MLS Listing ID 846834

HOA Y/N No

Year Built 2006

Annual Tax Amount $36,338

Tax Year 2024

Lot Size 1.071 Acres

Acres 1.071

Property Sub-Type Office

Property Description

Incredible armchair investment opportunity to acquire a fully leased, high-income commercial medical office building anchored by long-term credit tenants: Methodist Hospitals CareFirst Schererville - Immediate Care and Dr. Mary Tilak & Associates. This investment provides a highly predictable, hands-off stream of commercial income from two established medical tenants and offers a strong 8.89 Cap Rate. Seize the opportunity to own this incredible income producer or position your business in a high-traffic, established healthcare and professional hub. This single-level, extremely well-maintained, all-brick medical building features 10,289 square feet of above-grade space (designed to accommodate smaller configurations if ever divided) and an additional 4,400 square feet of finished lower-level space built out for clinical and office use. Occupying a prime location on a 1.06-acre lot, the property offers a striped asphalt parking lot with 35 spaces and full handicap accessibility. Strategically located on the southwest corner of a high-visibility, 4-way traffic-lit intersection on heavily traveled Lincoln Highway, the site boasts an impressive daily traffic count of 39,855 vehicles (according to IDOT) and sits just minutes from I-65, ensuring effortless regional accessibility.

Location

State IN

County Lake

Zoning Commercial

Rooms

Basement Interior Entry, Storage Space, Partially Finished

Interior

Interior Features Recessed Lighting

Heating Central, Forced Air

Fireplace N

Appliance None

Exterior

Exterior Feature Lighting, Rain Gutters

Parking Features Paved, Asphalt

View Y/N true

View City, Neighborhood

Accessibility Accessible Doors, Accessible Approach with Ramp, Accessible Full Bath

Handicap Access Accessible Doors, Accessible Approach with Ramp, Accessible Full Bath

Building

Lot Description Corner Lot, Paved

Sewer Public Sewer

Water Public

Others

Tax ID 451123226001000036

Security Features Fire Alarm,Smoke Detector(s)

Acceptable Financing NRA20261014195614565939000000

Listing Terms NRA20261014195614565939000000


Listed by Baird & Warner Res. Sales Inc. • Neil VerHagen
NEARBY SCHOOL & BUSINESS

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6625 W Lincoln HWY