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Shawn Spaw

Team Leader of the Shawn Spaw Team

  • Cell 219-617-7802
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9002 Cline Avenue, Highland, IN – $695,000

  • $695k Price
  • 10,000 Sqft
  • 2.48 Acres
  • $695k Price
  • 10,000 Sqft
  • 2.48 Acres

9002 Cline Avenue

Fully (long term) leased multi tenant building now offered for the first time in Highland, Indiana. Located with high visibility and 385 ft. frontage on Cline Ave. Excellent investment with cap rate nearing 15%. This has proven to be a stable cash flow asset. This offering is for 5 contiguous units with separate pin numbers, separate tenant paid utilities. Added bonus: they have been set up as separate condominium units for future flexibility. Business type use. Handicap lift elevator. Added bonus: Only 64.31% of exterior charges are attributed to these 5 units. The POA pays ground maintenance, scavenger, parking lot lights, elevator lift, commercial exterior insurance.

Essential Information

  • MLS® #460425
  • Price$695,000
  • Square Footage10,000
  • Acres2.48
  • Year Built1990
  • TypeComm/Ind/Bus
  • Sub-TypeOffice
  • StatusContingent - SI

Community Information

  • Address9002 Cline Avenue
  • SubdivisionForest Park Plaza
  • CityHighland
  • CountyLake
  • StateIN
  • Zip Code46322

Amenities

  • Parking Spaces94

Additional Information

  • Date ListedAugust 6th, 2019

Listing Details

  • OfficeColdwell Banker Res. Brokerage
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Price Change History for 9002 Cline Avenue, Highland, IN (MLS® #460425)

Date Details Change
Status Changed from Active to Contingent - SI

Coldwell Banker Res. Brokerage.

©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 November 12th, 2019 at 10:31pm CST.