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421-427 N Broad St 3,648 SF Office Building Griffith, IN 46319 $112,000 ($30.70/SF)
Investment Highlights
- Brick office building
- Flexible coworking options
- On-site parking spaces
- Broad Street Commons location
- Convenient regional access
Executive Summary
The property sits within a well-connected corridor with proximity to U.S. Route6 and easy linkage to major highways serving the greater Northwest Indiana and Chicago metro markets. Local amenities include retail, restaurants, parks, and essential services within walking distance. Existing utility infrastructure and central HVAC provide operational ease, while zoning supports multiple office uses. This asset represents a practical acquisition for buyers seeking stable positioning within an established commercial area that benefits from surrounding residential neighborhoods and community amenities.
Property Facts
Sale Type
Owner User
Property Type
Office
Building Size
3,648 SF
Building Class
C
Year Built/Renovated
2001/2004
Price
$112,000
Price Per SF
$30.70
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
3,648 SF
Building FAR
0.23
Lot Size
0.36 AC
Parking
18 Spaces (4.93 Spaces per 1,000 SF Leased)
1 1
Fairly walkable
50/100
Exceptionally drivable
100/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 45-07-35-326-004.000-006 | Improvements Assessment | $141,200 |
| Land Assessment | $23,400 | Total Assessment | $164,600 |
Property Taxes
Parcel Number
45-07-35-326-004.000-006
Land Assessment
$23,400
Improvements Assessment
$141,200
Total Assessment
$164,600
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421-427 N Broad St
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