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$440,000

1265 S Lake Park Avenue Hobart, IN 46342

  • 6,052 sq. Ft
Property Description
Free Standing Medical Building for Sale or Lease! This is a potential Sale Lease-back with 50% occupancy and proposed 2 yr lease. Value ad proposition with 17%CAP RATE potential. Current use for physical therapy. Layout has 1 Waiting Area; Reception Desk; 2 Filing Rooms; 2 Therapy Areas; 1 Exercise Room; 1 Breakroom; 1 Nurse's Station; 8 Exam Rooms; 6 Offices; 3 Washrooms and 1 Shower Room. Income opportunity offering value-add proposition with Sale-leaseback potential. Come see this corner, free-standing building with 29 parking spaces, 6,000 square feet, modern and well maintained medical office building. Building may be split in half (3,000 sf) & share reception/lobby patient intake area. Owner may take lease for half space for 2-3yrs depending on offer amount.
Address:1265 Lake Park Avenue Hobart IN 46342
Status:Active
on site: 15 days
Price:$440,000
Bathrooms:0
Sq. Feet:6,052
Year Built:1977
Lot Size:0.78
County: Lake
MLS #:472015
Property Type:Office

Directions:From I-65 exit 61 st East. Turn Left on S. Lake Park Avenue to property.
Total Sq. Ft. :6,052
Loan Price
$2,478
Price And Interest $2,295/month
Property Tax $0/month
MTG INS $0/month
HOME INS $183/month
Price
$440,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$0/month
Home Owner Insurance
$2,196 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS
Tucker Customer Care
Tucker Mortgage
Office +317-472-9201
Courtesy of Tucker Mortgage
City:Hobart
Subdivision: Second South Side Add/Hobart
Zip Code:46342
Total Sq. Ft.:6,052
Tour This Home
Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company, Inc.
Tucker Customer Care
Additional Phone (317) 954-4768
Tour This Home
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Listing provided courtesy of Villar-Real Estate Advisors, LLC.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program. Real estate listings held by IDX Brokerage firms other than F.C. Tucker Company, Inc. include the name of the listing IDX broker. This information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The broker providing this data believes it to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information deemed reliable but is not guaranteed.