Merrillville, IN Office Property For Sale

This is one of the best redevelopment site opportunities to come available in Merrillville! The current Geisen Funeral Home building sits on a vast 3.61 acres site at the northeast corner of the high traffic stoplight intersection of Broadway (SR 51) and 80th Street, which is 1 block north of U.S. Highway 30 and less than 1 mile west of I-65. 80th Place is one of the few access points 2 blocks west of the proposed Farm at Crossroads Commons, a White Lodging $350 million development of the former Radisson/Star Theatre/Twin Towers that have all been recently razed.

This property is suitable for tear down and redevelopment or renovation and subdivision into 2 parcels and more for restaurants, hotels, retail, office or medical uses. The current building is 7,785 SF on the main level with a 1,485 SF apartment a 5,103 SF basement. The site features 414' of frontage on Broadway (S.R. 53) and 375' of frontage on 80th Place. All utilities and offsite drainage are in place. 2018 IDOT traffic counts on Broadway are 17,306 cars/day.

Advent Real Estate Advisors is pleased to present this well located and highly visible 4 unit mixed use building in Merrillville, Indiana with a Broadway pylon sign. The property is a masonry constructed (brick, block and precast flexicore concrete floor slabs) two story with a full basement mixed use building located on Broadway approximately 3 miles from the I-65 and 61st interchange. The building is 6,300 SF with a 3,150 SF basement (9,450 SF). The building is currently used as medical office and office space. The first floor contains two medical office units: Unit 1 contains 4 exams, waiting, reception Dr. office, break area and two restrooms. Unit 2 contains 4 exams, waiting, reception, break room and two restrooms. The second floor office spaces are converted residential apartments and can easily be converted back to large two bedroom apartments. Perfect for a live work environment.

This is a nicely finished 1st floor office condominium unit in a two-story, 6 unit office building. There is a large reception/waiting area, 5-6 private offices, conference room, break area and storage closets. Randolph Commons offers plenty of parking, great signage and 187' of frontage on U.S. Highway 30 as well as easy stoplight access. Other tenants in

building include Edward Jones, Innovations in Learning, Lena's Therapeutic Massage, White Ramuczak CPA and Hussaneh Law.

Located on busy U.S. Highway 30 at the Randolph Street stop light corner. 2018 INDOT traffic counts of 29,563 cars daily heading west and 27,717 cars daily heading east. Close to Merrillville, Hobart, Valparaiso and Winfield. 4 1/2 miles east of I-65, just west of Deep River Waterpark near the Lake/Porter County Line and less than a mile east of Albanese

Candy. Merrillville is the largest town in Indiana, with the third-lowest tax rate in Lake County.

Located in the heart of Merrillville IN, Broadway Office Center is positioned at the signalized southeast corner of Broadway and 78th Avenue. The offering consists of a two-story office building containing 33,207 rentable square feet. The office building is currently 92% occupied and has historically been in the 90% to 100% occupancy range. The building was constructed in 1972 with a renovation in 2006.

Merrillville is home to the corporate headquarters of Fortune 500 energy company Nisource, hospitality management firm White Lodging and Centier Bank, Indiana's privately owned independent bank.

Well established medical building currently operating as The Heart Center of Lake County under the Methodist Hospital umbrella. All masonry monument sign, two entry points from Broadway and multiple public and private entries to the building. 14,051 GSF, 12,132 RSF of which 9,692 SF is leased to Methodist Hospital (NN) since 2013 on an annual basis.

West half of the building was recently updated and is configured with reception/waiting area, large nurse's station, nine exam rooms, private physician offices, managerial offices, conference room, breakroom and several restrooms. Common area has two sets of entry doors, waiting area and public restrooms. East half consists of 3,660 SF of Ultrasound and stress/physical testing areas, support offices and is affiliated with the Heart Center. 2,410 +/- SF suite has recently become available and is for lease. Associated licensed broker is a

member of owning entity.