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Rich Gas 4301 Central Ave 9,000 SF Retail Building Lake Station, IN 46405 For Sale
Investment Highlights
- Former Speedway Gas Station for sale (Tanks have been removed and deed restriction towards the sale of fuel will be placed at time of sale)
- Located very closely to the Boys & Girls Clubs of Greater Northwest Indiana Lake Station Club
- Traffic counts at the intersection of Central Ave and Union Street combine to aproximatley 10,000 AADT
- Property is zoned B-2 (Community Commercial District)
- Property features a small free standing Car Wash
Executive Summary
Prime redevelopment opportunity of a former Speedway gas station located at 4301 Central Ave in Lake Station Indiana. Owners (7-Eleven / Speedway) have removed the fuel tanks and will place a deed restriction on the property at the time of sale restricting the sale of fuel. This property features a small +/-645 SF convenience store along with a small +/- 1,320 SF detached car wash. This property is located closely to the Boys & Girls Clubs of Greater Northwest Indiana - Lake Station Club.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Convenience Store
Building Size
9,000 SF
Building Class
C
Year Built
1983
Tenancy
Single
Building Height
1 Story
Building FAR
0.27
Lot Size
0.76 AC
Parking
20 Spaces (2.22 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Pylon Sign
- Signalized Intersection
Fairly walkable
50/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 45-09-16-255-002.000-021 | Improvements Assessment | $125,500 |
| Land Assessment | $382,500 | Total Assessment | $508,000 |
Property Taxes
Parcel Number
45-09-16-255-002.000-021
Land Assessment
$382,500
Improvements Assessment
$125,500
Total Assessment
$508,000
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Rich Gas | 4301 Central Ave
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