427 E Commercial Avenue, Lowell, IN

$340,000

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2,756

Square feet

0.24

Acres

About 427 E Commercial Avenue

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.

Features of 427 E Commercial Avenue

MLS® # 815967
Price $340,000
Bathrooms 0.00
Square Footage 2,756
Acres 0.24
Year Built 1865
Type Commercial Sale
Sub-Type Mixed Use
Status Active

Community Information

Address 427 E Commercial Avenue
Subdivision Clarks Add
City Lowell
County Lake
State IN
Zip Code 46356

Amenities

Utilities Cable Available, Water Connected, Natural Gas Connected, Sewer Connected, Electricity Connected
Parking Spaces 10
Parking Additional Parking, Paved, On Street
Is Waterfront No
Has Pool No

Interior

Interior Features Attic Stairway, Natural Woodwork, Kitchen Island, Crown Molding, Beamed Ceilings, Coffered Ceiling(s), Chandelier, Ceiling Fan(s), Cathedral Ceiling(s), Built-in Features
Appliances Vented Exhaust Fan
Heating Baseboard, Radiant, Hot Water
Fireplace No
Has Basement Yes
Basement Block, Storage Space, Walk-Up Access, Walk-Out Access, Unfinished, Sump Pump, Concrete, Crawl Space

Exterior

Exterior Features Private Entrance, Private Yard, Garden
Lot Description Back Yard, Corner Lot, Landscaped, Gentle Sloping, Garden, Front Yard, City Lot

School Information

District Tri-Creek
High Lowell Senior High School

Additional Information

Date Listed February 10th, 2025
Zoning Mixed Use
Foreclosure No
Short Sale No

Listing Details

AgentSarah Perfetti
OfficeNorthwest Indiana Real Estate

Listing Map

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