Lowell, IN 46356 176 Deanna Drive
$249,950



10 more










Presented By: John Schupp with SCHUPP Real Estate - (219) 696-3596;
Home Details
TURNKEY RETAIL/PROFESSIONAL SPACE ON HIGH-GROWTH COMMERCIAL AVENUE CORRIDOR. Position your business in this fully remodeled, 1,023 sq ft turnkey retail storefront or professional office. Located on East Commercial Avenue, the unit capitalizes on Lowell's rapid growth (over 12prcnt population increase since 2020, growing 1.54prcnt annually). Positioned between the high school and Lowell Plaza shopping hub, you will capture heavy daily traffic averaging 15,000 to 18,702 vehicles per day. Current monthly retail sales are 15-17K. The open-concept layout features extensive 2022 upgrades: plug-and-play modular track lighting, interior LED recessed lighting, and built-in slat walls that remain. Rear East wall shelving is included. Display cases, a refrigerated cooler, full video surveillance, and track downlight kits are available for lease or purchase. A full turnkey inventory package can also be negotiated. This move-in-ready layout provides private rear storage, a restroom, laundry facilities, and independent rear access. The physical asset is completely modernized with a brand new furnace, central AC, roof, and exterior makeover featuring maintenance-free siding and soffits. Tenants enjoy independent utility meters and deeded right-of-way access across all common lots shared by units 170-176, offering ample paved parking. Terms require a 1-year min for a lease only at a base rate of 1400 per month, with 1st, last, and 1-month security deposit required. Contract-to-purchase options and future ownership opportunities are available based on lease terms and credit. Overhead is predictable: NIPSCO gas/electric averages 185 per month, plus base water is 36, base sewer is 67, and a quarter-share dumpster fee is 23 plus seasonal snow removal. The application fee is 75 for the main applicant (refundable upon lease execution) and 35 for a co-applicant. Survey available. Schedule your private showing today to anchor your business in NW Indiana's premier growth market.
Presented By: John Schupp with SCHUPP Real Estate - (219) 696-3596;
Interior Features for 176 Deanna Drive
Other Interior Features
Interior AmenitiesCeiling Fan(s), Vaulted Ceiling(s), Open Floorplan
Laundry FeaturesGas Dryer Hookup, Washer Hookup
General for 176 Deanna Drive
Building FeaturesSheet Rock Ceiling(s), Strip Mall Location, Mixed Use
CityLowell
CountyLake
DirectionsCommercial Ave / St Rd 2 to Deanna Dr (Stoplight between Centier Bank & Georges Restaurant across from Highschool...South to unit on East side of street next to Aurelios and across from Don Dells Res
Electric100 Amp Service, Circuit Breakers
Electric Expense
Gross Income
HeatingForced Air
Insurance Expense480
Legal DescriptionHOFFMAN MANOR S.20.66FT OF LOT 6
Listing TermsLease Purchase
Lot Size Square Feet3049
MaintenanceExpense
Net Operating Income
OwnerPaysSnow Removal, Trash Collection, Taxes
Property SubtypeRetail
Property TypeCommercial Sale
SewerPublic Sewer
Standard StatusActive
StatusActive
Subdivision NameHoffman Manor
Tax Annual Amount1283
Tax Year2025
Taxes$1,268
Total Actual Rent1526
TownshipCedar Creek
Trash Expense23
UtilitiesCable Available, Sewer Connected, Natural Gas Connected, Electricity Connected
Year Built1978
Exterior for 176 Deanna Drive
Exterior AmenitiesLighting, Rain Gutters
Lot Size Acres0.07
Lot Size SourceAssessor
Parking FeaturesOff Street, Paved, Other
Total Parking24
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Stacey & Kristy - The HOME Team
Broker | High Performance Mentor | Expert Negotiator | Dynamic Duo

SQFT • 1,023