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8510-8514 Broadway
Merrillville, IN 46410
Office Property For Sale

INVESTMENT HIGHLIGHTS

  • PRICE REDUCED!
  • Less than 1/2 mile south of U.S. Highway 30.
  • 2 blocks to Methodist Hospital!

EXECUTIVE SUMMARY

This is a two-unit condominium two-story medical office building. The north approximately two thirds is for sale, containing a total of 14,680 SF with 9,772 +/-SF on the main and 4,908+/- SF on the second floor. Constructed in 1991 with a second-floor addition build out in the north end of the building in 2005. 2017 exterior renovations include: replacement of handicap ramp, newly tuckpointed windows, resurface the parking lot with new storm drains, 2018 replacement of the roof, and landscaping. Ideal for all types of medical and professional office uses. The 1st floor middle unit features a vestibule entry with glass enclosed reception desk, waiting room, procedure room, two operating rooms, laser room, post operation recovery room, refrigeration room, and two half bathrooms. The right unit features a reception desk, waiting room, three bathrooms, three private offices, six exam rooms, mechanical room, and storage closets. The upper level features a staff lounge, conference room, meeting room, 2 employee bathrooms with lockers, laboratory, office, mechanical room, storage closets and doctor’s office with bathroom. 2023 pay 2024 taxes $49,008.24. Located 300' west of Broadway between the two 84th and 86th Avenue stoplights. 1/2 mile south of U.S. Route 30. 3/4 mile southwest of I-65 highway interchange. Methodist Hospital is located two blocks southeast. The Fortune 500 NiSource/NIPSCO headquarters is 1/2 mile east. Several banks and restaurants are in the immediate vicinity including Fifth Third, Horizon, Chase, and Centier, Applebee's, Portillos, McAlister's Deli, Panera, House of Kobe, Gamba's and many more.

PROPERTY FACTS

Property Type Office
Property Subtype Medical
Building Class B
Lot Size 1.08 AC
Rentable Building Area 22,980 SF
No. Stories 1
Year Built 1995
Parking Ratio 3.92/1,000 SF
APN / Parcel ID
45-12-28-227-001.000-030
  • 45-12-28-227-002.000-030
  • 45-12-28-227-003.000-030
  • 45-12-28-227-004.000-030
Zoning B - Business/Medical Office Commercial Corridor
  • Listing ID: 12490218

  • Date on Market: 5/7/2018

  • Last Updated:

  • Address: 8510-8514 Broadway, Merrillville, IN 46410

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