Listing provided courtesy of SCHUPP Real EstateNorthwest Indiana MLSas Distributed by MLSGrid- MLS# 840444MLS Provider

176 Deanna DriveLowell, IN 46356

Commercial · 1,023 Sq. ft. | 0.07 Acres
$250,000 Active

176 Deanna Drive Overview

Time on Site:
20 days
Visits:
0

TURNKEY RETAIL/PROFESSIONAL SPACE ON HIGH-GROWTH COMMERCIAL AVENUE CORRIDOR. Position your business in this fully remodeled, 1,023 sq ft turnkey retail storefront or professional office. Located on East Commercial Avenue, the unit capitalizes on Lowell's rapid growth (over 12prcnt population increase since 2020, growing 1.54prcnt annually). Positioned between the high school and Lowell Plaza shopping hub, you will capture heavy daily traffic averaging 15,000 to 18,702 vehicles per day. Current monthly retail sales are 15-17K. The open-concept layout features extensive 2022 upgrades: plug-and-play modular track lighting, interior LED recessed lighting, and built-in slat walls that remain. Rear East wall shelving is included. Display cases, a refrigerated cooler, full video surveillance, and track downlight kits are available for lease or purchase. A full turnkey inventory package can also be negotiated. This move-in-ready layout provides private rear storage, a restroom, laundry facilities, and independent rear access. The physical asset is completely modernized with a brand new furnace, central AC, roof, and exterior makeover featuring maintenance-free siding and soffits. Tenants enjoy independent utility meters and deeded right-of-way access across all common lots shared by units 170-176, offering ample paved parking. Terms require a 1-year min for a lease only at a base rate of 1400 per month, with 1st, last, and 1-month security deposit required. Contract-to-purchase options and future ownership opportunities are available based on lease terms and credit. Overhead is predictable: NIPSCO gas/electric averages 185 per month, plus base water is 36, base sewer is 67, and a quarter-share dumpster fee is 23 plus seasonal snow removal. The application fee is 75 for the main applicant (refundable upon lease execution) and 35 for a co-applicant. Survey available. Schedule your private showing today to anchor your business in NW Indiana's premier growth market.

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176 Deanna Drive Facts & Features

  • Type Commercial
  • Sq. ft. 1,023
  • Price/Sq.ft. $244
  • Lot 0.07 Acres

Details

General

Income/Expenses

  • Other Expense: 0
  • Electric Expense: 0
  • Gross Income: 0
  • Gross Scheduled Income: 0
  • Insurance Expense: 480
  • Maintenance Expense: 0
  • Net Operating Income: 0
  • New Taxes Expense: 1268
  • Trash Expense: 23

Building Information

  • Year Built: 1978

Location/Region

  • County Or Parish: Lake
  • Subdivision Name: Hoffman Manor
  • Township: Cedar Creek

Tax Information

  • Tax Annual Amount: 1283
  • Tax Year: 2025

General Information

  • Listing Terms: Lease Purchase
  • Parcel Number: 451925227018000008
  • Property Sub Type: Retail
  • Property Type: Commercial Sale
  • Special Listing Conditions: Agent Owned

Interior

Building Interior

  • Building Area Source: Assessor

General Information

  • Basement: false
  • Building Features: Sheet Rock Ceiling(s),Strip Mall Location,Mixed Use
  • Electric: 100 Amp Service,Circuit Breakers
  • Heating: Forced Air
  • Interior Features: Ceiling Fan(s),Vaulted Ceiling(s),Open Floorplan
  • Laundry Features: Gas Dryer Hookup,Washer Hookup
  • Living Area: 1023

Exterior

Parking Information

  • Parking Features: Off Street,Paved,Other
  • Parking Total: 24

Lot Information

  • Lot Size Source: Assessor
  • Lot Size Square Feet: 3049
  • Water Source: Public

Waterfront/View

  • Waterfront: false

General Information

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

176 Deanna Drive 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.

176 Deanna Drive Monthly Cost

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* 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.

176 Deanna Drive 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

176 Deanna Drive History

Date Event Value Agent
6/10/2026Source: Northwest Indiana MLS Added to Database
June 10, 2026