Residential For Sale

427 Commercial Avenue, Lowell, Indiana

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Property Description

Motivated seller! Will consider all offers. Own a piece of history in the heart of downtown Lowell with the stunning historic Bacon Mansion, a true gem of Lowell’s Historic District circa 1865. Brimming with timeless elegance and modern possibilities, this landmark property offers a rare opportunity for those with a passion for preservation. Perfectly suited for your 3 bedroom/2 bath personal residence, a bed and breakfast, upscale restaurant, corporate offices, an enchanting event venue, etc. This stately two-story residence exudes character at every turn. A seamless blend of Italianate and Victorian architecture, the home showcases soaring cathedral and coffered ceilings, exquisite woodwork, and intricate period details that transport you to a different time. Three fireplaces, rich hardwoods, and large, light-filled windows add warmth and charm to the inviting interior. The commercial-grade kitchen is equipped with a stainless steel island and range/hood, setting the stage for culinary creativity. The upper level features spacious bedrooms, while the thoughtfully designed main-floor common areas offer flexibility for various business operations. Unique to this home is a shower room with an over-sized closet upstairs and a commercial kitchen on the main floor, catering to both residential and hospitality needs. Listed as a historic building on the National Registry, this landmark property requires exterior modifications to be approved by the Lowell Historic Preservation Board, ensuring its charm remains protected for generations to come. This is your chance to write the next chapter of this extraordinary property’s story. Seize this once-in-a-lifetime opportunity to own a piece of Lowell’s past–while shaping its future. Being sold As-Is.

Basic Details
Property Type : Residential
Listing Type : For Sale
Listing ID : NRA815966
Price : $249,900
Bedrooms : 3
Rooms : 9
Bathrooms : 2
Half Bathrooms : 1
Square Footage : 2,756 Sqft
Year Built : 1865
Lot Area : 10,324 Sqft
Status : Active - Limited Purchase (drop Dead)
Acres : 0.237
Property Subtype 1 : Single Family Residence
Status : Active
Style : Traditional,other,victorian
Features
Heating System : Baseboard, Hot Water
Basement : Yes
Fireplace : 3
Parking : Paved, On Street, Additional Parking
Exterior Features : Balcony, Private Yard
Interior Features : Wet Bar, Cathedral Ceiling(s), Ceiling Fan(s), Walk-in Closet(s), High Ceilings, Crown Molding, Kitchen Island
Appliances
Appliances : Gas Range
Address Map
Country : US
State : IN
County : Lake
City : Lowell
Street : Commercial
Street Number : 427
Street Suffix : Avenue
Postal Code : 46356
Floor Number : 0
Longitude : W88° 34' 50.1''
Latitude : N41° 17' 30.1''
Directions : Property is located on the North side of E. Commercial Ave. in between N Fremont St and Clark St.
Township : Cedar Creek
MLS Addon
Office Name : Northwest Indiana Real Estate
Listing Agent MLS ID : NRA15566
Listing Office MLS ID : NRA957
Annual Tax Amount : $2,898
HOA/POA-Annual Amt. : $0
HOA/POA-Monthly Amt. : $0
Lot Dimensions : 84x128
Tax Year : 2024
Residential For Sale
  • Listing ID : NRA815966
  • Bedrooms : 3
  • Bathrooms : 2
  • Square Footage : 2,756 Sqft
$249,900
Agent info
Dan Kelley
Remax County Wide 1st
814 E LaSalle South Bend, IN 46617
Contact Agent