427 E Commercial Avenue Lowell, IN $ 475,000
427 E Commercial Avenue
$ 475,000
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427 E Commercial Avenue

Lowell, IN, 46356
$ 475,000
Baths0.0 Sq 4,016

Monthly Estimate*

$ 2,845

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Studio

Commercial Property for sale in Lowell, IN

for $475,000. This 4,016 square foot building was built in 1865 on a lot size of 10752.

"Step back in time with this extraordinary historical mansion, a beloved fixture in downtown Lowell, Indiana since approx. 1865. This grand dame of the Historical District stands as a testament to the town's rich history and character, offering a rare opportunity to become a steward of a true local treasure.Meticulously preserved over the years, the mansion seamlessly blends its original charm with modern conveniences. Within this Two-Story with an unfinished basement, the property is ideally suited for a variety of commercial ventures, from a quaint bed and breakfast to professional offices, restaurant or an elegant event venue.The stately architecture showcases a picturesque blend of Italianate and Victorian influences, featuring soaring ceilings, exquisite woodwork, and enchanting period details throughout. The expansive grounds invite visitors to relax and unwind amidst lush gardens and mature trees, mere steps from the heart of Lowell's vibrant downtown scene.Don't miss your chance to own a piece of historical real estate and create your own legacy within the storied walls of this captivating mansion. Kitchen has commercial grade range/hood installed, Center stainless steel Island, 1 bath on main level. Upper has a bathroom and separate shower room. 3 fireplaces located on main floor. Wet sink built in the island in the on suite quarter room on main floor. View of the Founders Park across the street. City water and sewer, Nipsco for gas and electric. Previously was a mixed use restaurant and upper living quarters. end user. Home is marked as a Historical Building in the National registry. Fenced rear yard also fenced front yard. Parking on site, but also in the public parking areas all around this location. Property being sold As-Is Condition. All permits must go through Town of Lowell. And exterior permitting through the Lowell Historic Preservation Commission.

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Commercial Active

Price

$ 475,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 2,700

Style

Business

Lot Size

10752

Year Built

1865

Town/City

Lowell

County/Region

Lake

MLS | Web ID

806532

Features
General
Interior Features Attic Stairway Walk-In Closet(s) Wet Bar Crown Molding High Ceilings Entrance Foyer Chandelier Coffered Ceiling(s) Ceiling Fan(s) Built-in Features Beamed Ceilings
Sewer Public Sewer
Heating Radiant
Utilities Cable Available Water Connected Natural Gas Connected Sewer Connected Electricity Connected
Appliances Exhaust Fan Water Heater
Exterior Features Balcony Private Yard Rain Gutters Garden
Security Features Other Smoke Detector(s)
Year Built 1865
Electric 200+ Amp Service Circuit Breakers
View City Trees/Woods Park/Greenbelt Downtown Neighborhood City Lights
Township Cedar Creek
Property SubType Business
Tax Year 2023
Community Features Curbs Park Suburban Street Lights Sidewalks Restaurant
Accessibility Accessible Bedroom Common Area Central Living Area Accessible Stairway Accessible Kitchen Accessible Hallway(s) Accessible Entrance Accessible Doors Accessible Common Area Accessible Central Living A
County Lake
Property Type Commercial Sale
Subdivision Name Clarks Addition
Building Features Balcony Sheet Rock Ceiling(s) Shower/Locker Room Meeting Room Mixed Use Courtyard Business District Location
Status Active
Directions Rt 41 S to Rt 2. E to Downtown Lowell property on North side of street acrossfrom Lowell Chamber of Commerce building
High School Lowell Senior High School
City Lowell
High School District Tri-Creek
Zoning Description Commercial
Lot Size Square Feet 468357120
Waterfront Y/N N
Property Attached Y/N N
Tax Annual Amount 2700
Standard Status Active
Legal Description CLARKS ADD. E. 82 FT. LOT 30 & S.47ft of E.82ft of Lot 29 Ex. Pt. in R/W
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Exterior
Fencing Back Yard Wrought Iron Front Yard Vinyl Masonry Brick
Parking Features Additional Parking Paved On Site On Street Concrete
Lot Features Back Yard Corner Lot Subdivided Landscaped Gentle Sloping Garden Front Yard City Lot
Water Source Public
Total Parking 10
Lot Dimensions 84x128
Lot Size Acres 10752
Frontage Length 83
Lot Size Source Assessor
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Interior
Laundry Features None
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* Excluded Features
List By
Nancy Frigo

Listing Agent

Coldwell Banker Realty

Broker

nancyfrigo@gmail.com

Email

Affordability Calculator

$3,070
Per Month
93%
7%
0%
Monthly Principal & Interest
$2,845
Monthly Property Taxes
$225
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 5.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4001595 Elementary School
4001667 Middle School
Lowell Senior High School High School
Pricing History
DatePricePrice ChangeDescription
7/9/2024$475,000 Listed Price

Map


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427 E Commercial Avenue, Lowell, IN, 46356 is a Commercial Property for sale at $475,000 with 4,016 sqft and a lot size of 10752. 427 E Commercial Avenue is a studio with 0.0 baths and was built in 1865. The property's zip code is 46356 which is in Lowell, IN