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Shawn Spaw

Team Leader of the Shawn Spaw Team

  • Cell 219-617-7802
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721 Central Avenue, Lake Station, IN – $249,900

  • $250k Price
  • 7,808 Sqft
  • .22 Acres
  • $250k Price
  • 7,808 Sqft
  • .22 Acres

721 Central Avenue

Fully occupied mixed-use 6 unit (5 commercial, 1 residential) with gross revenue of $48,000 per year (2019). Zoned B-2. Taxes are only $3642.28 per year. Building is well maintained and in very good condition and is in a high traffic area. 2 story, 2 bed, 1.5 bath apartment has 1.5 car attached garage. Partial basement (15' x 15') houses electric services and water heater. In addition, there are two unheated storage rooms with a total of 900' ft. 735-739 (2 units) $1400 per month, 12 year tenant, $950 deposit; 731 - $700 per month, 8 year tenant; 727 - $700 per month, 18 year tenant, $450 deposit; 723 - $500, 2 year tenant, $500 deposit; 721 - Residential apartment $700 per month, 3 year tenant, $700 deposit. Owner pays all utilities with the exception of the electric in units 727, 731, 735-739.

Essential Information

  • MLS® #459254
  • Price$249,900
  • Square Footage7,808
  • Acres0.22
  • Year Built1946
  • TypeComm/Ind/Bus
  • Sub-TypeRetail
  • StatusActive

Community Information

  • Address721 Central Avenue
  • SubdivisionE Gary 1st Sub
  • CityLake Station
  • CountyLake
  • StateIN
  • Zip Code46405

Additional Information

  • Date ListedJuly 22nd, 2019
  • ZoningOTHER

Listing Details

  • OfficeMcColly Real Estate
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McColly Real Estate.

©2019 Multiple Listing Service of the Greater Northwest Indiana Association of REALTORS®, Inc. All rights reserved. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange Program of the Multiple Listing Service of the Greater Northwest Indiana Association of REALTORS®, Inc. Real estate listings held by brokerage firms other than Keller Williams Realty International are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed by the GNIAR MLS.

Listing information last updated on August 24th, 2019 at 1:31am CDT.