427 E Commercial Avenue, Lowell, IN

$299,000

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3

Beds

Baths

2,756

Square feet

0.24

Acres

About 427 E Commercial Avenue

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, a bed and breakfast, upscale restaurant, corporate offices, an enchanting event venue, etc. This stately two-story residence exudes character at every turn. A seamless blend of Italianate and Victorian architecture, the home 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 bedrooms, 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® # 815966
Price $299,000
Bedrooms 3
Bathrooms 1.50
Full Baths 1
Half Baths 1
Square Footage 2,756
Acres 0.24
Year Built 1865
Type Residential
Sub-Type Single Family Residence
Style Other, Victorian, Traditional
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, Sewer Connected, Water Connected, Natural Gas Connected, Electricity Connected
Parking Additional Parking, On Street, Paved
Is Waterfront No
Has Pool No

Interior

Interior Features Cathedral Ceiling(s), Walk-In Closet(s), Wet Bar, High Ceilings, Kitchen Island, Crown Molding, Ceiling Fan(s)
Appliances Gas Range
Heating Baseboard, Hot Water
Fireplace Yes
# of Fireplaces 3
Has Basement Yes
Basement Crawl Space, Walk-Out Access, Unfinished, Storage Space, Sump Pump

Exterior

Exterior Features Balcony, Private Yard
Lot Description Back Yard, Landscaped, Front Yard, Corner 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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