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7205 Broadway 4,812 SF Retail Building Merrillville, IN 46410 $1,650,000 ($342.89/SF)
Executive Summary
Rare opportunity to acquire a turn-key restaurant and lounge that has been a community staple in Merrillville. The building is divided between a family restaurant and a lounge. There is a full kitchen that services both areas. The spacious parking lot has 78 spaces with great visibility on Broadway & 73rd Ave., which averages over 15,753 Vehicles Per Day.
*The sales prices includes the business and real estate. Since the business is ongoing, please do not disturb the owner. Contact Mike Merry with any questions and/or to schedule a showing.
*The sales prices includes the business and real estate. Since the business is ongoing, please do not disturb the owner. Contact Mike Merry with any questions and/or to schedule a showing.
Property Facts
Sale Type
Owner User
Property Type
Retail
Building Size
4,812 SF
Building Class
C
Year Built
1961
Price
$1,650,000
Price Per SF
$342.89
Building Height
1 Story
Fairly walkable
40/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 45-12-15-151-012.000-030 | Improvements Assessment | $49,600 |
| Land Assessment | $350,400 | Total Assessment | $400,000 |
Property Taxes
Parcel Number
45-12-15-151-012.000-030
Land Assessment
$350,400
Improvements Assessment
$49,600
Total Assessment
$400,000
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7205 Broadway
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