Commercial Sale For Sale

6625 Lincoln Highway, Schererville, Indiana

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Property Description

Incredible armchair investment opportunity to acquire a fully leased, high-income commercial medical office building anchored by long-term credit tenants: Methodist Hospitals CareFirst Schererville – Immediate Care and Dr. Mary Tilak & Associates. This investment provides a highly predictable, hands-off stream of commercial income from two established medical tenants and offers a strong 8.89 Cap Rate. Seize the opportunity to own this incredible income producer or position your business in a high-traffic, established healthcare and professional hub. This single-level, extremely well-maintained, all-brick medical building features 10,289 square feet of above-grade space (designed to accommodate smaller configurations if ever divided) and an additional 4,400 square feet of finished lower-level space built out for clinical and office use. Occupying a prime location on a 1.06-acre lot, the property offers a striped asphalt parking lot with 35 spaces and full handicap accessibility. Strategically located on the southwest corner of a high-visibility, 4-way traffic-lit intersection on heavily traveled Lincoln Highway, the site boasts an impressive daily traffic count of 39,855 vehicles (according to IDOT) and sits just minutes from I-65, ensuring effortless regional accessibility.

Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : NRA846834
Price : $3,700,000
Bedrooms : 0
Rooms : 0
Bathrooms : 0
Half Bathrooms : 0
Year Built : 2006
Lot Area : 46,653 Sqft
Status : Active
Acres : 1.071
Property Subtype 1 : Office
Status : Active
Features
Heating System : Central, Forced Air
Basement : Yes
Parking : Paved, Asphalt
Exterior Features : Rain Gutters, Lighting
Interior Features : Recessed Lighting
Appliances
Appliances : No
Address Map
Country : US
State : IN
County : Lake
City : Schererville
Street : Lincoln
Street Number : 6625
Street Suffix : Highway
Postal Code : 46307
Floor Number : 0
Longitude : W88° 34' 58.2''
Latitude : N41° 28' 40.6''
Directions : Located at the south west corner of Lincoln Highway/ Harvest; east of Cline Ave and west of Burr Street
Township : St. John
MLS Addon
Office Name : Baird & Warner Res. Sales Inc.
Listing Agent MLS ID : NRA6360
Listing Office MLS ID : NRA2011
Annual Tax Amount : $36,338
HOA/POA-Annual Amt. : $0
HOA/POA-Monthly Amt. : $0
Tax Year : 2024
Commercial Sale For Sale
  • Listing ID : NRA846834
  • Bedrooms : 0
  • Bathrooms : 0
  • Lot Area : 46,653 Sqft
$3,700,000
Agent info
Dan Kelley
Remax County Wide 1st
814 E LaSalle South Bend, IN 46617
Contact Agent