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(SOLD) $310,000

306 E Commercial Avenue Lowell, IN  46356

  • 6,135 sq. Ft

Property Description for 306 E Commercial Avenue Lowell, IN 46356

A VERY RARE find! This Spacious Commercial Brick Two-Story Historical Building is Located in the HEART of Lowell Indiana's Historical Downtown District. This Highly desirable business location has it all. Unlimited possibilities for the Entrepeneur inside of you! Lowell is one of Northwest Indiana's South Lake Countys true gems which is currently developing by leaps and bounds. Current C1 usage of this facility is the Sher Bears Craft Mall. This building screams with of so many things it can be such as a Restaurant with a possible roof top lounge above to enjoy the upcoming New Band Shelter Park underway in the downtown area. So many possibilities. Plenty of Public parking surrounds this entire site and the town is currently developing more! City water and sewer onsite, currently this building has bathroom facilities on each level perfect for high capacity. High ceilings on each level. Building has full Basement w/bathroom too.

Address:306 E Commercial Avenue Lowell IN 46356
Status:Sold
Sold On: 1/31/2024
Price:$310,000
Bathrooms:0
Sq. Feet:6,135
Year Built:1923
Lot Size:0.10
County: Lake
MLS #:541357
Property Type:Retail

Lot Dimensions:28x120.5
Directions:Rt 41 S to Rt 2 East turns into Commercial Avenue. Property is located kiddie corner from Mill St on S Side. Or I65 to Rt W to Property on s side of road
Total Sq. Ft. :6,135

Loan Price
$1,746
Price And Interest $1,617/month
Property Tax $0/month
MTG INS $0/month
HOME INS $129/month
Price
$310,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$0/month
Home Owner Insurance
$1,548 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

Mandatory HOA Fee:$

City:Lowell
Subdivision: Clarks Add To Lowell
Zip Code:46356

Total Sq. Ft.:6,135
Exterior Features:Brick
Heat:Forced Air, Gas
Jeff Safrin, REALTOR®/Broker, F. C. Tucker Company
Jeff Safrin
Additional Phone (219) 309-9930
F.C. Tucker Company

Schools in 306 E Commercial Avenue Lowell, IN  46356


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Listing provided courtesy of Nancy Frigo with Coldwell Banker Realty from NIRA as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 01/31/2024 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 423 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.