801 Central Ave. & 2800 Dekalb St., Lake Station, IN 46405

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Michael S.

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Building Details:

801 Central Ave. & 2800 Dekalb St. is aretail property for lease in Lake Station, IN.

Two fully occupied mixed use buildings for sale. 801 Central Avenue offers approximately 3,700 of first floor retail & four 700 SF, two-bedroom apartments on the second floor. New roof and siding completed in 2015 and HVAC in 2009. Street parking for roughly 20 vehicles. 2800 Dekalb Street includes two large retail suites of 4,000 & 2,500 SF and is fully leased. Second floor offers three residential units; one 3 bedroom unit and two 1 bedroom units. Two garage units are to the rear of the building. New roof & flashing completed in 2015. Offered as a package at a 10% CAP.

• Fully Leased Mixed Use
• New Roofs
• 10 CAP Rate
• Upside Opportunity

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