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427 E Commercial Avenue, Lowell, IN 46356
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$249,900
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Home Details for 427 E Commercial Avenue
Price
$249,900
Type
Commercial/Industrial
Year Build
1865
Sq. Ft.
2756
Lot Size
0.237
County
Lake
Basement
Crawl Space, Walk-Out Access, Unfinished, Storage Space, Sump Pump
Tax
$2,878
MLS®️ Listing#
815967
On exitrealty.com
347 days
Property Description
Motivated seller! Will consider all offers. 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.
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- House Interior
- Cathedral Ceiling(s)
- Walk-In Closet(s)
- Wet Bar
- Kitchen Island
- High Ceilings
- Crown Molding
- Ceiling Fan(s)
- Utilities
- Cable Available
- Water Connected
- Sewer Connected
- Natural Gas Connected
- Electricity Connected
- Basement
- Crawl Space
- Walk-Out Access
- Unfinished
- Storage Space
- Sump Pump
- Parking
- Paved
- On Street
- Additional Parking
- Heating Information
- Baseboard
- Hot Water
- Cooling Information
- Ceiling Fan(s)
- Water Features
- Public
Listing Courtesy: Northwest Indiana Real Estate - 219-696-9600. Presented by: Sarah Perfetti
Last Updated: 2026-01-12 17:53:33
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Market statistics compiled from data from Greater Northwest Indiana Association of Realtors.
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$249,900
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EXIT STRATEGY REALTY
833 Lincoln Highway #410 E-5, Schererville, IN 43675