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Office/M.O.B.

$1,100,000

8510-8514 Broadway, Merrillville, IN 46410

Active
Last Updated: 04/04/2025

14,680 sqft

Building Size

1.08 acres

Lot Area

Details:
Building Size:    14,680 sqft
Lot Area:    1.08 acres
Class:    A
Floors:    2
Highlights:
  • Broadway Address
  • Medical Office Building
  • Close to Expressway
Description:

This is a two-unit condominium two-story medical office building. (M.O.B.) The north approximately two thirds is for sale, containing a total of 14,680 SF with 9,772 +/-SF on the main and 4,908+/- SF on the second floor. Constructed in 1992 with a second-floor addition build out in the north end of the building in 2005. 2017 exterior renovations include: replacement of handicap ramp, newly tuckpointed windows, resurface the parking lot with new storm drains, 2018 replacement of the roof, and landscaping. Ideal for all types of medical and professional office uses.

The 1st floor middle unit features a vestibule entry with glass enclosed reception desk, waiting room, procedure room, two operating rooms, laser room, post operation recovery room, refrigeration room, and two half bathrooms. The right unit features a reception desk, waiting room, three bathrooms, three private offices, six exam rooms, mechanical room, and storage closets.

The upper level features a staff lounge, conference room, meeting room, 2 employee bathrooms with lockers, laboratory, office, mechanical room, storage closets and doctor’s office with bathroom. 2024 pay 2025 taxes $38,820.10.

Adjoining 8,300 SF medical office condo space available for sale for $1,400,000 or for lease at $13.50/SF plus NNN estimated at $5.00/SF.


Located 300' west of Broadway between the two 84th and 86th Avenue stoplights. 1/2 mile south of U.S. Route 30. 3/4 mile southwest of I-65 highway interchange. Methodist Hospital is located two blocks southeast. The Fortune 500 NiSource/NIPSCO headquarters is 1/2 mile east. Several banks and restaurants are in the immediate vicinity including Fifth Third, Horizon, Chase, and Centier, Applebee's, Portillos, McAlister's Deli, Panera, House of Kobe, Gamba's and many more.

Map:
Documents:
Title
8510_Broadway_Survey.pdf
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8510-8514_Broadway_Floor_Plans.pdf
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Sale_Brochure.pdf
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Location
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