Commercial Sale For Sale

176 Deanna Drive, Lowell, Indiana

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Property Description

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.

Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : NRA840444
Price : $250,000
Bedrooms : 0
Rooms : 0
Bathrooms : 0
Half Bathrooms : 0
Year Built : 1978
Lot Area : 3,049 Sqft
Status : Active
Acres : 0.07
Property Subtype 1 : Retail
Status : Active
Features
Heating System : Forced Air
Parking : Other, Paved, Off Street
Exterior Features : Rain Gutters, Lighting
Interior Features : Vaulted Ceiling(s), Ceiling Fan(s), Open Floorplan
Address Map
Country : US
State : IN
County : Lake
City : Lowell
Street : Deanna
Street Number : 176
Street Suffix : Drive
Postal Code : 46356
Floor Number : 0
Longitude : W88° 36' 17.2''
Latitude : N41° 17' 17.6''
Directions : Commercial 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 Restaurant
Township : Cedar Creek
MLS Addon
Office Name : SCHUPP Real Estate
Listing Agent MLS ID : NRA4166
Listing Office MLS ID : NRA1120
Annual Tax Amount : $1,283
HOA/POA-Annual Amt. : $0
HOA/POA-Monthly Amt. : $0
Tax Year : 2025
Commercial Sale For Sale
  • Listing ID : NRA840444
  • Bedrooms : 0
  • Bathrooms : 0
  • Lot Area : 3,049 Sqft
$250,000
Agent info
Dan Kelley
Remax County Wide 1st
814 E LaSalle South Bend, IN 46617
Contact Agent