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Listing provided courtesy of New Chapter Real EstateNorthwest Indiana MLSas Distributed by MLSGrid- MLS# 835126MLS Provider

108-122 W Commercial AvenueLowell, IN 46356

Commercial · 3,540 Sq. ft. | 0.56 Acres
$719,900 Active

108-122 W Commercial Avenue Overview

Time on Site:
114 days
Visits:
0

Current Leased restaurant location with 1540 SF at 108 W Commercial Ave with Multi year lease, newer plumbing throughout and recently remodeled interior. Office/Single Family building at 116 W Commercial Ave rented yearly lease with 2000 SF was remodeled in the last 10 years with a full bath & flooring on 2nd story, recently repainted top to floor. Tenants are responsible for all utilities & carry renters' insurance. Many possibilities with these properties as there is a vacant lot & side road for additional parking. Investor just needs some vision for what could be here considering the growth in the Lowell community. Property being sold AS-IS, seller to do no repairs.

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108-122 W Commercial Avenue Facts & Features

  • Type Commercial
  • Sq. ft. 3,540
  • Price/Sq.ft. $203
  • Lot 0.56 Acres

Details

General

School Information

  • School District: Tri-Creek
  • Elementary School: Oak Hill Elementary
  • Middle Or Junior School: Lowell Middle School
  • High School: Lowell Senior High School

Income/Expenses

  • Other Expense: 0
  • Electric Expense: 0
  • Gross Income: 0
  • Gross Scheduled Income: 36000
  • Insurance Expense: 0
  • Maintenance Expense: 0
  • Net Operating Income: 0
  • New Taxes Expense: 13390
  • Trash Expense: 0

Building Information

  • Year Built: 1905

Location/Region

  • County Or Parish: Lake
  • Subdivision Name: H J Nichols Add Lowell
  • Township: Cedar Creek

Tax Information

  • Tax Annual Amount: 13389.6
  • Tax Year: 2025

General Information

  • Listing Terms: Cash,Conventional
  • Parcel Number: Tbd
  • Property Sub Type: Business
  • Property Type: Commercial Sale
  • Special Listing Conditions: Agent Owned

Interior

Building Interior

  • Building Area Source: Assessor

General Information

  • Accessibility Features: Accessible Approach with Ramp
  • Appliances: Other,Water Heater,Range Hood,Refrigerator,Range
  • Building Features: High Speed Internet Avail,Suspended Ceiling(s),Sheet Rock Ceiling(s),Plastered Ceiling(s),Public Restrooms,Private Restrooms,Other
  • Electric: 100 Amp Service,Circuit Breakers,200+ Amp Service
  • Heating: Forced Air,Natural Gas
  • Interior Features: Entrance Foyer,Country Kitchen,Laminate Counters
  • Living Area: 3540
  • Security Features: Smoke Detector(s)

Exterior

Parking Information

  • Parking Features: Paved,On Street,Driveway,Concrete,Asphalt
  • Parking Total: 18

Lot Information

  • Additional Parcels: true
  • Lot Features: Other
  • Lot Size Acres: 0.56
  • Lot Size Source: Owner
  • Lot Size Square Feet: 24393.6
  • Water Source: Public

Waterfront/View

  • Waterfront: false

General Information

  • Exterior Features: Private Yard,Rain Gutters
  • Sewer: Public Sewer
  • Utilities: Cable Available,Water Connected,Sewer Connected,Natural Gas Connected,Natural Gas Available,Electricity Connected,Electricity Available

108-122 W Commercial Avenue Neighborhood

Community

46356 (LOWELL) Demographics

38
Median Age
151
Population Density (per sq. mile)
34%
College Educated
$76,194
Estimated Median Income
5,639
Estimated Total Home Owners
787
Estimated Total Renters
88% / 12%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

108-122 W Commercial Avenue Monthly Cost

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Eric Nowik
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

108-122 W Commercial Avenue Market Data

Based on the last 30 days in this zip code

$436,449
Average List Price
$205
Average Price per Square Foot
39
Properties Sold
79
Average Days on Market
172
Properties for Sale
Calculations provided by Reliance Network

108-122 W Commercial Avenue History

Date Event Value Agent
3/8/2026Source: Northwest Indiana MLS Added to Database
March 08, 2026