Loan Price
$2,394
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1/3 $425,000
402 E Commercial Avenue Lowell, IN 46356
- 5,540 sq. Ft
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Property Description for 402 E Commercial Avenue Lowell, IN 46356
Opportunity to own commercial real estate in Lowell Indiana's historical district. This property has two store fronts, the east store front is on a slab and is one level. The west store front has abasement and an apartment on the second level. There is dual access to the building, front and rear. Parking in the front on the street and the rear in the lighted community parking lot. The apartment upstairs has 2 beds, 2 baths, approx 1400 sq ft., there is another full bath in the east side store front. In the past 5 years 4 new furnaces and 4 new A/C units have been installed, as well as a tankless hot water heater. The potential for this property is endless with two store fronts and plenty sq. ft.
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Address:402 E Commercial Avenue Lowell IN 46356
Status:Active
on site: 161 days
Price:$425,000
Bathrooms:0
Sq. Feet:5,540
Year Built:1904
Lot Size:0.09
County: Lake
MLS #:541705
Property Type:Retail
Lot Dimensions:40 x 110
Directions:Downtown Lowell on RT 2 Go east from RT 41, go west from I-65
Total Sq. Ft. :5,540
Mandatory HOA Fee:$
Total Sq. Ft.:5,540
Exterior Features:Block, Brick
Heat:Ceiling, Forced Air, Gas, Wall Unit(s)
Jeff Safrin
Additional Phone (219) 309-9930
Email jeff.safrin@talktotucker.com
F.C. Tucker Company
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Schools in 402 E Commercial Avenue Lowell, IN 46356
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Listing provided courtesy of Cindy Jones with McColly Real Estate from NIRA as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 11/15/2023 12:00 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Lowell Market Report
90
Avg. DOM
$194.03
Avg. $ / Sq.Ft.
$ 394,990
Med. List Price
The house prices in Lowell are indeed dropping at the moment. There has been a decrease in price of $48,966.67. There are several factors that can cause a price drop. Higher mortgage rates, lower demand, prices of comparable properties can all cause the price of a house to drop.
There is no data available at this time for Lowell.
The most popular place to buy a home in Lowell is null. null is where we have the most properties listed and there seems to be the most demand to buy a house. Some people love to live in the most popular areas of a city, and others prefer to live in an area that is less busy. Regardless of your preference, we have a vast variety of listings and agents to help you find a house in Lowell .
The average amount of property taxes you would have to pay for a home in Lowell is $54.00. It is important to consider property taxes when purchasing a home. Property taxes are tied to the value of the home. The more expensive the home is, the higher the taxes will be.
Properties in Lowell are staying listed for an average of 10 days. A good way to tell if you are in a buyer's or seller's market is to look at the average days on market for homes in the area. A low number of average days on market indicate a seller's market whereas a high number of average days on market indicate a buyer's market.
The last home listed in Lowell was 1295 minutes ago.
At the moment we have 0 open houses that you can visit.
The cost of the most expensive home in Lowell is $898,000.00. There are several reasons to consider buying an expensive home. They typically have great amenities, will be in great condition, and have plenty of space inside and outside of the home. Expensive real estate usually appreciates very fast, making it a good investment if you can afford it.
The cost of the cheapest home in Lowell is $135,000.00 . Buying a cheap house can have many benefits including keeping your payments low, allowing more room in your budget to customize or improve the house, as well as allowing you to pay of your mortgage faster.
The date of the oldest built home in Lowell in year 1878 and the newest built house is in year 2024.
The average size of properties in Lowell is 2174.39 sq.ft. , the biggest one being 4311 sq.ft. and the smaller being 1164 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.