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3232 Central Avenue Lake Station, IN $ 590,000
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3232 Central Avenue
$ 590,000
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3232 Central Avenue

Lake Station, IN, 46405
$ 590,000
Bedrooms-- Baths-- Sq 24,629

Monthly Estimate*

$ 3,725

3232 Central Avenue, Lake Station, IN 46405 - Image 1

Commercial Property for sale in Lake Station, IN

for $590,000. This 24,629 square foot building was built in 1973 on a lot size of 1.53.

Unlock the potential of this expansive 24,000+ square foot commercial building, formerly a successful neighborhood grocery store. The interior has been completely cleared, providing a blank canvas for investors, developers, or owner-users to bring their vision to life. The building features impressive ceiling heights of approximately 17'6" to the bottom of the roof deck and 15'10" to the bottom of the bar joists, offering flexibility for a wide range of commercial and industrial uses. A solid concrete floor remains intact, making the space ideal for warehouse, manufacturing, retail, or mixed-use redevelopment. Professionally prepared redevelopment plans for a grocery store are available and may be provided to qualified buyers.

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Commercial Active

Price

$ 590,000

Property Type

Commercial

Taxes

$ 4,361

Style

Retail

Lot Size

1.53

Year Built

1973

Town/City

Lake Station

County/Region

Lake

MLS | Web ID

844458
Features
Interior
Interior Amenities High Ceilings Open Floorplan
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General
Sewer Public Sewer
Heating None
Utilities Cable Available Water Connected Water Available Sewer Connected Sewer Available Natural Gas Connected Natural Gas Available Electricity Connected Electricity Available
Year Built 1973
Electric 200+ Amp Service Other
View Neighborhood
Township Hobart
Property Subtype Retail
Tax Year 2024
County Lake
Property Type Commercial Sale
Building Features Exposed Under Roof Ceiling(s) Open Dock(s)
Status Active
Directions From I-80/94 take Ripley Street south to Central Avenue. Turn right (west) onto Central Avenue and continue to the property.
City Lake Station
Lot Size Square Feet 66647
Listing Terms Cash VA Loan Owner Assisted Lease Purchase FHA Conventional
Tax Annual Amount 4361
Standard Status Active
Legal Description PT. NE.1/4 S.17 T.36 R.7 LY'NG S. OF RR R/W 1.523AC
Assoc/CIC None
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Exterior
Exterior Amenities Rain Gutters
Parking Features Attached Paved Garage Faces Front Asphalt Off Street
Lot Features Rectangular Lot
Water Source Public
Total Parking 50
Lot Size Acres 1.53
Lot Size Source Assessor
Waterfront Y/N N
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* Excluded Features
List By
Chay Spaniol

Listing Agent

Chayanta Spaniol

Broker

cshomesweethome@yahoo.com

Email

Affordability Calculator

$4,089
Per Month
91%
9%
0%
Monthly Principal & Interest
$3,725
Monthly Property Taxes
$363
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
1261196 Elementary School
1261197 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
8/28/2026$590,000 Listed Price

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3232 Central Avenue, Lake Station, IN, 46405 is a Commercial Property for sale at $590,000 with 24,629 sqft and a lot size of 1.53. 3232 Central Avenue was built in 1973. The property's zip code is 46405 which is in Lake Station, IN

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