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Bacon Mansion of Lowell Indiana 427 E Commercial Ave

3,534 SF 100% Leased Retail Building Lowell, IN 46356 $675,450 CAD ($191 CAD/SF)

Investment Highlights

  • Fenced back and front yards
  • Expansive grounds with lush gardens and mature trees
  • Historic building in national registry

Executive Summary

Step back in time with this extraordinary historical mansion, a beloved fixture in downtown Lowell, Indiana since approx. 1865. This grand dame of the Historical District stands as a testament to the town's rich history and character, offering a rare opportunity to become a steward of a true local treasure. Meticulously preserved over the years, the mansion seamlessly blends its original charm with modern conveniences. Within this Two-Story with an unfinished basement, the property is ideally suited for a variety of commercial ventures, from a quaint bed and breakfast to professional offices, restaurant or an elegant event venue. The stately architecture showcases a picturesque blend of Italianate and Victorian influences, featuring soaring ceilings, exquisite woodwork, and enchanting period details throughout. The expansive grounds invite visitors to relax and unwind amidst lush gardens and mature trees, mere steps from the heart of Lowell's vibrant downtown scene. Don't miss your chance to own a piece of historical real estate and create your own legacy within the storied walls of this captivating mansion. Kitchen has commercial grade range/hood installed, Center stainless steel Island, 1 bath on main level. Upper has a bathroom and separate shower room. 3 fireplaces located on main floor. Wet sink built in the island in the on suite quarter room on main floor. View of the Founders Park across the street. City water and sewer, Nipsco for gas and electric. Previously was a mixed use restaurant and upper living quarters. end user. Home is marked as a Historical Building in the National registry. Fenced rear yard also fenced front yard. Parking on site, but also in the public parking areas all around this location. Property being sold As-Is Condition. All permits must go through Town of Lowell. And exterior permitting through the Lowell Historic Preservation Commission.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Retail
Building Size
3,534 SF
Building Class
C
Year Built
1965
Price
$675,450 CAD
Price Per SF
$191 CAD
Percent Leased
100%
Building Height
2 Stories
Building FAR
0.33
Lot Size
0.25 AC
  • Listing ID: 32703288

  • Date on Market: 2024-08-06

  • Last Updated:

  • Address: 427 E Commercial Ave, Lowell, IN 46356

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