5540 US Highway 6 Portage, IN ^$ 797,000

5540 US Highway 6

^$ 797,000

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5540 US Highway 6

Portage, IN, 46368

^$ 797,000

Studio Baths0.0 Sq 4,080

Monthly Estimate*

^$ 5,567

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Studio

Commercial Property for sale in Portage, IN

for $797,000. This 4,080 square foot building was built in 1958 on a lot size of 9.9.

An Incredible Retail or Development Opportunity! Recent updates to property! Completed Phase 1 and Phase 2. City sewer connection to be installed. A 4080 square foot commercial building on two parcels for a total of 9.93 ac, and 340 ft of frontage. Located on US Hwy 6, with a daily traffic count of 18,305. The Commercial building has 1,085 sq ft of retail/showroom space, 302 sq ft office and 166 sq ft break room. In addition, there is a 2,142 sq ft heated FBI built shop/warehouse, 16 ft clear ceiling height, concrete floor, and 2 overhead doors. The property has two large road cuts onto US Hwy 6.

Commercial Active

Price

^$ 797,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 6,005

Style

Retail

Lot Size

9.9

Year Built

1958

Town/City

Portage

County/Region

Porter

MLS | Web ID

527845

Features

General

Interior Features Elevator

Sewer Private Sewer

Heating Forced Air Natural Gas Other Radiant

Utilities Electricity Available Electricity Connected Natural Gas Available Natural Gas Connected Phone Available Sewer Available

Security Features Security Gate

Year Built 1958

Electric 100 Amp Service 150 Amp Service 200+ Amp Service 220 Volts Circuit Breakers

Township Portage

Property SubType Retail

Tax Year 2022

Gross Income 0

County Porter

Net Operating Income 0

Insurance Expense 0

Property Type Commercial Sale

Subdivision Name None

Building Features Business District Location Exposed Under Roof Ceiling(s) Lunch Room Other Private Restrooms Suspended Ceiling(s)

Close Price 0

Status Active

Directions US HWY 6 in Portage West of Swanson Rd. approximately 1000 Feet property on the Northside of US 6.

City Portage

Zoning Description Commercial

Lot Size Square Feet 431244

Street Name US Highway 6

Property Attached Y/N N

Tax Annual Amount 6005

Electric Expense 0

Trash Expense 0

Standard Status Active

Total Actual Rent 0

Taxes 6005

Legal Description Legal Description: E110 W396 SW SW EX PRT TO STATE 23-36-7 3.298A & E 14RD W38RD SW SW EX PARTS TO STATE 23-36-7 6.849A

Exterior

Parking Features Common Paved Unpaved

Water Source Public

Total Parking 20

Lot Dimensions 340 by 1 270 +/-

Lot Size Acres 9.9

Frontage Length 340

Lot Size Source Assessor

* Excluded Features

List By

Roxanne Gottleber

Listing Agent

Re/Max Lifestyles

Broker

roxannegottleber@gmail.com

Affordability Calculator

$6,068

Per Month

Monthly Principal & Interest: $5,567
Monthly Property Taxes: $500
Monthly Home Insurance: --

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Loan Term

Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Portage, IN

Average List Price ^$512,500

Percent of Sale Price 36%

About Portage, IN

36,542 Population

10% Since 2002

^$56,911 Median Income

38.34 Median Age

32% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

1261196 Elementary School

1261197 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
7/28/2023	$775,000	-6.05%	Price Down
3/29/2023	$824,900		Listed Price

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5540 US Highway 6, Portage, IN, 46368 is a Commercial Property for sale at $797,000 with 4,080 sqft and a lot size of 9.9. 5540 US Highway 6 is a studio with 0.0 baths and was built in 1958. The property's zip code is 46368 which is in Portage, IN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the Greater Northwest Indiana Multiple Listing Service.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Greater Northwest Indiana Multiple Listing Service. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistribute. Its sole purpose is to be used for no other purpose than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 4/29/2024.

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5540 US Highway 6

Commercial Property for sale in Portage, IN

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