427 E Commercial AVE Active

Lowell,IN 46356

$ 340000

- Bed

- Bath

2756 SqFt


Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 2,756 sqft

Price per Sqft $123

Subdivision Clarks Add

MLS Listing ID 815967

Year Built 1865

Annual Tax Amount $2,878

Tax Year 2024

Lot Size 10,323 Sqft

Property Sub-Type Mixed Use

Property Description

Own a piece of history in the heart of downtown Lowell with the stunning historic Bacon Mansion, a true gem of Lowell's Historic District circa 1865. Brimming with timeless elegance and modern possibilities, this landmark property offers a rare opportunity for those with a passion for preservation. Perfectly suited for your 3 bedroom/2 bath personal residence upstairs with a bed and breakfast, upscale restaurant, corporate offices, an enchanting event venue, etc downstairs. This stately two-story residence exudes character at every turn. A seamless blend of Italianate and Victorian architecture, the building showcases soaring cathedral and coffered ceilings, exquisite woodwork, and intricate period details that transport you to a different time. Three fireplaces, rich hardwoods, and large, light-filled windows add warmth and charm to the inviting interior. The commercial-grade kitchen is equipped with a stainless steel island and range/hood, setting the stage for culinary creativity. The upper level features spacious offices, while the thoughtfully designed main-floor common areas offer flexibility for various business operations. Unique to this home is a shower room with an over-sized closet upstairs and a commercial kitchen on the main floor, catering to both residential and hospitality needs. Listed as a historic building on the National Registry, this landmark property requires exterior modifications to be approved by the Lowell Historic Preservation Board, ensuring its charm remains protected for generations to come. This is your chance to write the next chapter of this extraordinary property's story. Seize this once-in-a-lifetime opportunity to own a piece of Lowell's past while shaping its future. Being sold As-Is.

Location

State IN

County Lake

Zoning Mixed Use

Interior

Heating Baseboard,Radiant,Hot Water

Exterior

Exterior Feature Private Entrance,Private Yard,Garden

View Y/N true

View true

Building

Lot Description Back Yard,Corner Lot,Landscaped,Gentle Sloping,Garden,Front Yard,City Lot

Schools

School District Tri-Creek

Others

Acceptable Financing NRA20250210234022747484000000

Listing Terms NRA20250210234022747484000000

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