2460 Vermillion Street Lake Station, IN ^$ 995,000

2460 Vermillion Street

^$ 995,000

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Recently Listed

2460 Vermillion Street

Lake Station, IN, 46405

^$ 995,000

Bedrooms-- Baths-- Sq 37,624

Monthly Estimate*

^$ 6,126

2460 Vermillion Street, Lake Station, IN 46405 - Image 1

2460 Vermillion Street, Lake Station, IN 46405 - Image 2

2460 Vermillion Street, Lake Station, IN 46405 - Image 3

2460 Vermillion Street, Lake Station, IN 46405 - Image 4

Commercial Property for sale in Lake Station, IN

for $995,000. This 37,624 square foot building was built in 1953 on a lot size of 4.44.

Formerly Polk Elemtary School. 37,624 sq' 1 story building with 6960 sq' out building on 4.4 acres. Tenant is Boys and Girls Club. Property is currently tax exempt.

Commercial Active

Price

^$ 995,000

Property Type

Commercial

Taxes

^$ 0

Style

Mixed Use

Lot Size

4.44

Year Built

1953

Town/City

Lake Station

County/Region

Lake

MLS | Web ID

834757

Features

General

Sewer Public Sewer

Heating Forced Air

Utilities Electricity Connected Water Connected Sewer Connected Natural Gas Connected

Year Built 1953

Electric 200+ Amp Service

Township Hobart

Property Subtype Mixed Use

Tax Year 2024

County Lake

Property Type Commercial Sale

Building Features Lunch Room Shower/Locker Room Private Restrooms Meeting Room Exercise Room

Status Active

Directions Central Ave. to Vermillion south to property.

City Lake Station

Lot Size Square Feet 193406.4

Listing Terms Cash Conventional

Tax Annual Amount 0

Standard Status Active

Legal Description E. GARY REAL ESTATE CO'S 2ND ADD. ALL L.7 BL.2

Exterior

Water Source Public

Total Parking 50

Lot Size Acres 4.44

Lot Size Source Appraiser

Waterfront Y/N N

* Excluded Features

List By

Frank Ennis

Listing Agent

Mccolly Real Estate

Broker

Frank.Ennis@mccolly.com

Affordability Calculator

$6,126

Per Month

Monthly Principal & Interest: $6,126
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.25% 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 Lake Station, IN

Average List Price ^$367,988

Percent of Sale Price 63%

About Lake Station, IN

11,981 Population

-11% Since 2002

^$42,017 Median Income

37.57 Median Age

27% 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
3/2/2026	$995,000		Listed Price

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2460 Vermillion Street, Lake Station, IN, 46405 is a Commercial Property for sale at $995,000 with 37,624 sqft and a lot size of 4.44. 2460 Vermillion Street was built in 1953. The property's zip code is 46405 which is in Lake Station, IN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% 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 3/3/2026.

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2460 Vermillion Street

Commercial Property for sale in Lake Station, IN

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