8691 Connecticut StMerrillville, IN 46410

For Sale

7,066 SF Medical Office, Vacant Units

Overview

Added:
Dec 11, 2024
Days on market:
91
This exceptional 7,066 square foot, Class B medical office building presents a compelling investment opportunity. Located in the well-maintained Environ Professional Center, a planned unit development in Merrillville, Indiana, this single-story brick building comprises three units. Two units are currently available for lease at $16.00 per square foot. Suite A, a former dental office, offers 4,692 square feet, while Suite C provides 1,038 square feet with two offices and a reception/waiting area. Suite B, a 1,336 square foot space with three offices, reception, waiting area, two exam rooms, restroom, and utility closet, is currently leased to Omni Physicians. The building benefits from recent improvements including new metal roofs, landscaping, paving, and a fountain at the entrance. Tenants are responsible for utilities and janitorial services. The property enjoys a prime location within a medical campus environment, immediately north of Methodist Hospital, with added security patrols. Conveniently situated near the I-65/US Highway 30 interchange (half a mile southwest) and close to shopping and restaurants, this property offers excellent access via 86th Avenue, Connecticut Street, or Southlake Methodist Hospital Drive. The property's APN is 45-12-27-103-005.000-030, and the 2023/2024 property taxes totaled $11,853.46. The permitted zoning is C-5. This is an ideal opportunity for owner-occupancy or leasing to generate rental income.

Highlights

  • 7,066 SF Class B medical office building in Merrillville, IN.
  • Three units, two available for lease at $16/SF.
  • Suite A (4,692 SF), Suite C (1,038 SF) available; Suite B (1,336 SF) leased.
  • Recent improvements include new roofs, landscaping, and paving.
  • Prime medical campus location near Methodist Hospital, I-65/US 30 interchange, and amenities.
  • APN: 45-12-27-103-005.000-030; 2023/2024 taxes: $11,853.46; C-5 zoning.

Property Details for 8691 Connecticut St

Property type
Other office properties, Medical offices
Square Feet
7,066 SF
Class
B
Units
3

Location Insight

City
Merrillville
County
Lake
State
Indiana
Latitude
41.460612588016
Longitude
-87.331803706973
8691 Connecticut St, Merrillville, Indiana

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8691 Connecticut St
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