The Colony's Professional Building

For Sale

521 E. 86th Avenue, Merrillville, IN 46410

This Merrillville property for sale is located at 521 E. 86th Avenue. The general use of The Colony's Professional Building is office and it incorporates 32,792 square feet of class B office space. The current listed sale price for The Colony's Professional Building is $2,399,000. The Colony's Professional Building is situated on a lot that is 2.83 acre in size.

Contacts

broker

Karen Kulczycki

SVN | Chicago Commercial

(312) 602-5346

Property Details

  • Property Type Office - Medical Office
  • Property Size 32,792 SF
  • Units 12
  • Lot Size 2.83 Acre
  • Building Class B
  • Year Built 1979
  • Year Renovated 1985
  • Date Updated Apr 25, 2024
Located at the intersection of SR 53 (Broadway) and E. 86th Avenue and 1/2 mile south of US Hwy 30 and I-65 interchange in Merrillville, Indiana (Lake County). Less than 1 mile to Methodist Hospital Southlake Campus, Indiana Wesleyan University, and surrounding hotels, retail, and restaurant shops.SVN is pleased to present The Colony's Professional Office Building at 521 E. 86th Avenue in Merrillville, Indiana. This ±32,792 SF single-story free-standing brick office building is on 2.83 AC. This property features 12 executive and medical suites and many office configurations for a variety of tenant sizes and use requirements. Private entry, restroom, kitchenette, conference room, co-working space, and signage. Priced below replacement cost. Perfect opportunity for owner/user, medical/dental professional, executive office user, or investor.SVN is pleased to present The Colony's Professional Office Building at 521 E. 86th Avenue in Merrillville, Indiana. This ±32,792 SF single-story free-standing brick office building is on 2.83 AC. This property features 12 executive and medical suites and many office configurations for a variety of tenant sizes and use requirements. Private entry, restroom, kitchenette, conference room, co-working space, and signage. Perfect opportunity for owner/user, medical/dental professional, executive office user. Tenant Incentives.

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Highlights

  • ±32,792 SF Single Story Office on 2.83 AC
  • Executive & Medical Offices
  • Private Entry | Private Restrooms
  • Low Lake County Taxes ($1.41/SF)
  • Ample Parking | 138 Spaces
  • Monumental Signage

Getting around

  • 25/100

    Walk Score ®

  • 34/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Merrillville, IN
  • Neighborhood Merrillville
  • Zip Code 46410
  • Market Chicago

Points of Interest

  • Gary Metro Center

    9.89 miles

  • Miller

    9.95 miles

  • Speedway

    0.66 miles

  • Tesla Supercharger

    0.80 miles

  • Meijer

    0.86 miles

  • Speedway

    0.88 miles

  • Costco Gasoline

    0.97 miles

  • BP

    1.03 miles

  • Marathon

    1.68 miles

  • Speedway

    1.73 miles

  • Speedway

    1.90 miles

  • Speedway

    2.89 miles

  • The Fieldhouse

    1.83 miles

  • Employee Parking

    2.30 miles

  • St. Andrean High School Parking

    3.31 miles

  • Andrean High School parking

    3.35 miles

  • Games

    3.77 miles

  • Buses and Vans

    3.86 miles

  • School Bus Parking

    5.12 miles

  • Village Mall parking

    6.49 miles

  • Accessible Parking

    6.56 miles

  • Griffith Municipal Parking Lot

    6.58 miles

  • Hampton Inn Merrillville

    0.42 miles

  • Red Roof Inn

    0.50 miles

  • Fairfield Inn & Suites by Marriott Merrillville

    0.53 miles

  • Country Inn & Suites by Radisson, Merrillville, IN

    0.56 miles

  • Super 8 by Wyndham Merrillville

    0.67 miles

  • La Quinta Inn by Wyndham Merrillville

    0.76 miles

  • Residence Inn by Marriott Merrillville

    0.79 miles

  • Hilton Garden Inn

    1.22 miles

  • Hampton Inn & Suites Schererville

    7.57 miles

  • ALDI

    0.76 miles

  • Target

    1.54 miles

  • Walmart Supercenter

    1.76 miles

  • Big Lots

    1.89 miles

  • ALDI

    2.60 miles

  • Jewel-Osco

    2.64 miles

  • Strack & Van Til

    2.75 miles

  • Strack & Van Til

    3.29 miles

  • Strack & Van Til

    4.73 miles

  • WiseWay

    5.62 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Karen Kulczycki

SVN | Chicago Commercial

(312) 602-5346