• 8450 Broadway, Merrillville, IN 46410

For Sale

Office

For Sale

This property is available for sale
48,330
SF
$2,000,000
Sale Price
  • Overview

    This large office and warehouse property is located at the corner of Broadway and W. 84th Avenue within Merrillville, a town in northwest Indiana. The property is just west of a number of national restaurant chains, Chase Bank, Centier Bank and in close proximity to Meijer. In addition, there are several neighborhood centers, a regional mall, and several hotels on the eastern side of the 80th Avenue exit off of I-65, approximately 1.6 miles from Subject. The property is located off of 80th Avenue/81st Avenue, a major thoroughfare of this area.The immediate area surrounding the Subject is populated by office, medical and bank uses. UPDATED OFFER DEADLINE: July 10 Guaranteed to Sell at Highest & Best Price Above $2,000,000 ON-SITE INSPECTION: By Appointment Only The Subject property is a freestanding office building split between one and two stories. Built in 1978, the property includes a main office area with 24 private offices, two conference rooms, break room, kitchenette, washrooms and several ancillary mechanical and storage rooms. The second floor features additional private offices, four general offices and restrooms. Approximately 43,500 SF (or 75%) of the facility is office area. The second building is a two-story warehouse building constructed in 1992 totaling 9,898 SF. The site also includes 293+/- parking spaces. DirectBuy looks to enter into a short-term sale-leaseback for a portion of the main building. The Subject property is Ideal for an owner/user or as a well-situated redevelopment. Hilco Real Estate, LLC, in cooperation with Steven Mathis, IN Broker, Lic. #RB15000970.

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Property Details

48,000 SF Office Building on 4+ AC

This large office and warehouse property is located at the corner of Broadway and W. 84th Avenue within Merrillville, a town in northwest Indiana. The property is just west of a number of national restaurant chains, Chase Bank, Centier Bank and in close proximity to Meijer. In addition, there are several neighborhood centers, a regional mall, and several hotels on the eastern side of the 80th Avenue exit off of I-65, approximately 1.6 miles from Subject. The property is located off of 80th Avenue/81st Avenue, a major thoroughfare of this area.The immediate area surrounding the Subject is populated by office, medical and bank uses. UPDATED OFFER DEADLINE: July 10 Guaranteed to Sell at Highest & Best Price Above $2,000,000 ON-SITE INSPECTION: By Appointment Only The Subject property is a freestanding office building split between one and two stories. Built in 1978, the property includes a main office area with 24 private offices, two conference rooms, break room, kitchenette, washrooms and several ancillary mechanical and storage rooms. The second floor features additional private offices, four general offices and restrooms. Approximately 43,500 SF (or 75%) of the facility is office area. The second building is a two-story warehouse building constructed in 1992 totaling 9,898 SF. The site also includes 293+/- parking spaces. DirectBuy looks to enter into a short-term sale-leaseback for a portion of the main building. The Subject property is Ideal for an owner/user or as a well-situated redevelopment. Hilco Real Estate, LLC, in cooperation with Steven Mathis, IN Broker, Lic. #RB15000970.

  • Property Type
    Office
  • Submarket
  • Sale Price
    $2,000,000
  • Total Building Size
    48,330RSF
  • Building Class
    B
  • Sale Status
    Available
  • Last updated
    May 21, 2019
  • Property ID
    2050055

Landlord's Sales Representative

  • mbethancourt@hilcoglobal.com
     
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