Chesterton, IN 46304 160-206 Rail Road

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Presented By: Cheryl Bonin with CHERYL Real Estate Services, L - (219) 714-7148;
  • MLS# 542696
  • 12/11/2023
  • Get pre-approved
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  • SQFT • 21,240

Home Details

Tamarack Plaza consists of one commercial building containing 4 offices, 4 Four Unit Buildings containing 16 condominiums, 2 Five Bay Garages, 2 Four Bay Garages, 84 Parking spaces and 2 large buildable lots for commercial or multifamily mixed use. Office and units are 100% fully rented.
Presented By: Cheryl Bonin with CHERYL Real Estate Services, L - (219) 714-7148;

Interior Features for 160-206 Rail Road

Bathrooms

3/4 Baths

Other Interior Features

Interior AmenitiesElevator

General for 160-206 Rail Road

Building FeaturesExterior Lighting, Sheet Rock Ceiling(s), Private Restrooms, Patio, Multi Tenant, Mixed Use
CityChesterton
Close Price
CountyPorter
Directions49 to 1100 North, West to 100 East, South to Rail Road, East to property
Electric100 Amp Service, Separate Meters, 200+ Amp Service, 150 Amp Service
Electric Expense
Gross Income
HeatingForced Air, Natural Gas
Insurance Expense8467
Legal DescriptionLegal Description: Tamarack Plaza Condos 160-206
Listing TermsCash, Conventional
Lot Size Square Feet174676
MaintenanceExpense
Net Operating Income240271
Property SubtypeOffice
Property TypeCommercial Sale
Security FeaturesFire Sprinkler System
Standard StatusActive
StatusActive
Subdivision NameTamarack Plaza
Tax Annual Amount30046.38
Tax Year2023
Taxes$43,702
Total Actual Rent292440
TownshipWestchester
Trash Expense0
UtilitiesElectricity Available, Natural Gas Available, Sewer Connected, Natural Gas Connected, Electricity Connected
Year Built2015
Zoning DescriptionCommercial

Exterior for 160-206 Rail Road

Frontage Length418
Lot Dimensions418 x 456
Lot Size Acres4.01
Lot Size SourceAssessor
Parking FeaturesCommon, Paved, Private
Total Parking60
Water SourcePublic
Waterfront Y/NNo

Additional Details

Price History

Jacob Schmiedel

Broker
Price $4,300,000
MLS#542696
List Date 12/11/2023
Property Type Commercial
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