427 Commercial AveLowell, IN 46356

This remarkable 4,016 square foot property, located at 427 E Commercial Ave in Lowell, Indiana, presents a unique investment opportunity. Built circa 1865, this two-story building, with an unfinished basement, is listed on the National Register of Historic Places and boasts a captivating blend of Italianate and Victorian architectural styles. The property sits on a 10,752 square foot lot and features soaring ceilings, exquisite woodwork, and enchanting period details throughout. The main level includes a commercial-grade kitchen with a center stainless steel island, one bathroom, and three fireplaces. The upper level offers an additional bathroom and a separate shower room. Previously used as a mixed-use restaurant and living quarters, this versatile space is ideal for a variety of commercial ventures, including a restaurant, professional offices, or an elegant event venue. The expansive grounds, including fenced front and rear yards, provide ample space for outdoor activities. Conveniently located in downtown Lowell, the property offers views of Founders Park and benefits from city water and sewer, as well as Nipsco gas and electric services. On-site parking is available, supplemented by ample public parking nearby. The property is being sold "As-Is," and all permits must be obtained through the Town of Lowell and the Lowell Historic Preservation Commission. Asking price is $475,000.