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2401 Central Ave 4,325 SF Retail Building Lake Station, IN 46405 $467,000 ($107.98/SF)
INVESTMENT HIGHLIGHTS
- Excellent location
EXECUTIVE SUMMARY
Incredible opportunity to own a versatile commercial property in a high-traffic location! The building is currently set up as a restaurant and offers both indoor and outdoor dining areas, ideal for maximizing customer capacity and seasonal service. Ample parking is available with dual access from Central Ave and Fairview, perfect for ease of entry and exit. The property also features a spacious warehouse with a 12' overhead door, great for deliveries, storage, or expansion potential, as well as a 1-bedroom apartment for additional rental income. Strategically located just minutes from I-80/94, I-90, and I-65, this site offers outstanding visibility and accessibility. Don't miss this unique opportunity!
PROPERTY FACTS
Sale Type
Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
4,325 SF
Building Class
C
Year Built
1946
Price
$467,000
Price Per SF
$107.98
Tenancy
Single
Building Height
2 Stories
Building FAR
0.95
Lot Size
0.10 AC
Zoning
B-2
Parking
6 Spaces (1.39 Spaces per 1,000 SF Leased)
Frontage
71’ on Central Ave
PROPERTY TAXES
| Parcel Number | 45-09-17-327-005.000-021 | Improvements Assessment | $267,400 |
| Land Assessment | $8,700 | Total Assessment | $276,100 |
PROPERTY TAXES
Parcel Number
45-09-17-327-005.000-021
Land Assessment
$8,700
Improvements Assessment
$267,400
Total Assessment
$276,100
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2401 Central Ave
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