427 E Commercial Ave - Freestanding FOR SALE


Lowell, IN 46356
$475,000 USD
219-746-4334
427 E Commercial Ave, Lowell, IN for Sale
$475,000 USD
Freestanding - FOR SALE
1/10
null | Request Cap Rate

427 E Commercial Ave
Lowell, IN 46356


HIGHLIGHTS

  • Fenced back and front yards
  • Historic building in national registry
  • Expansive grounds with lush gardens and mature trees

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$475,000 USD

PRICE/SF

$237 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Bacon Mansion of Lowell Indiana

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1965

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.25 AC

LAND SF

10,684 SF

ZONING

-

APN/PARCEL ID

45-19-23-452-026.000-008

ASK ABOUT THIS PROPERTY

Nancy FrigoColdwell Banker Commercial RealtyMore Info
219-746-4334

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Nancy FrigoColdwell Banker Commercial RealtyMore Info
219-746-4334

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.