$598,500 6060 Lute Road Portage, IN

MLS: 412259   Type: Commercial   County: Porter   City: Portage   Neighborhood: Portage Professional Complex   Zip: 46368   Style: Office  

Mortgage $2,810 /mo



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Update: Front unit now vacant! Occupy the front while long-term tenant (over 12+ years of lease remaining with scheduled increases) in rear pays you or your lender! This is a newer built, good income producing property, close to Willowcreek, in the fastest growing area of popular Porter County IN. Busy area and quality build zoned for medical/office in Portage Indiana on Lute Rd and Willowcreek generating over $63,000 in annual income at 2/3 capacity! Three unit building, 27 parking spots for you, your guests and clients. The main unit is 2400 sq. feet and built on a crawl. The other two units are 1600 and 800 sq. feet and built on a slab. Building is currently occupied by person who commissioned the build. Great rental history and consistent income stream with long-term lease that transfers to owner. Vacant unit is ready for build out. Portage is growing and property values are increasing. It's time to invest in and base your professional practice here now!

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Price History

4/11/2017 Listed $699,000
8/30/2017 15% - $599,000
2/17/2018 1% - $598,500

Property SubType Office
Property Type Commercial
Subdivision Portage Professional Complex
Year Built 2003

Exterior Features

Lot Size Square Feet 31363.00
Parking Spaces 0

Property Schools

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Gallery (37 photos)

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Property vs Zip Code Avg (46368)

Price 598K Avg 469K

Sqr Feet 5,128 Avg 33,583

Cost / Sqr Ft $117 Avg $14

Acres 0.72 Avg 3.15

Visits 29 Avg 41

Days on Site 374 Avg 719

Walkscore® 46 Avg 40

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Location & Address

Debbie Rasala
310 E Lincolnway
Valparaiso, IN

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