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563 S Lake St 1,950 SF Vacant Office Building Gary, IN 46403 $397,837 CAD ($204.02 CAD/SF)



EXECUTIVE SUMMARY
Rare state of the art commercial building located in the heart of Lake Street's business district in downtown Miller Beach. Recently renovated by a top Chicago interior architectural firm this solid masonry building features abundant natural light, a sleek and airy design, and flexible office configurations. Currently built out as a modern office suite with reception area, private office, semi-private work stations, a central conference room with custom quartz table, sound absorbing acoustic ceiling cloud, sit/stand desks, ergonomic chairs, integrated filing systems, Wi-Fi, LED lighting, alarm system, and kitchenette with German cabinetry and built-in drawer refrigerator. Office supplies may be included. The building includes three separate suites that can be leased individually or combined for a single user layout. Would make an impressive Law office, Real Estate Office, Medical Practice, or any professional seeking a high-quality presence. This meticulously maintained solid masonry building is constructed with poured concrete floors supported by precast joists offers a full-height dry basement with ample storage. This once in a generation opportunity is located within steps to the South Shore train station and easy access to all major highways and toll road for an easy commute. The downtown area is the place to be for great food, quaint shops, art exhibits, theaters & more. Additionally, you'll find beautiful beaches and the stunning Indiana Dunes National Lakeshore nearby. Now is the time to own a piece of Miller Beach's resurgence-where business meets beauty by the lake.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Building Size
1,950 SF
Building Class
B
Year Built/Renovated
1939/2023
Price
$397,837 CAD
Price Per SF
$204.02 CAD
Percent Leased
Vacant
Building Height
2 Stories
Typical Floor Size
975 SF
Opportunity Zone
Yes
Zoning
B-2-1 - General Retail
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PROPERTY TAXES
| Parcel Number | 45-09-06-404-008.000-004 | Improvements Assessment | $97,077 CAD |
| Land Assessment | $5,644 CAD | Total Assessment | $102,721 CAD |
PROPERTY TAXES
Parcel Number
45-09-06-404-008.000-004
Land Assessment
$5,644 CAD
Improvements Assessment
$97,077 CAD
Total Assessment
$102,721 CAD
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563 S Lake St
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