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323 Central Avenue Lake Station, IN $ 590,000
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$ 590,000 Get more info
323 Central Avenue
$ 590,000
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Recently Listed New Construction
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323 Central Avenue

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

Monthly Estimate*

$ 4,075

323 Central Avenue, Lake Station, IN 46405 - Image 1
323 Central Avenue, Lake Station, IN 46405 - Image 2
323 Central Avenue, Lake Station, IN 46405 - Image 3
323 Central Avenue, Lake Station, IN 46405 - Image 4

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 0.035124.

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

Food & Beverage,Transportation

Lot Size

0.035124

Year Built

1973

Town/City

Lake Station

County/Region

Lake

MLS | Web ID

12775317
Features
General
Cooling None
Roof Rubber
Zoning RTAIL
Construction Materials Brick
Year Built 1973
Electric Service - 101 to 200 Amps
Tenant Pays All Utilities
Stories Count 1
Tax Year 2024
Gross Income 0
Business Type Food & Beverage Transportation
County Lake
Net Operating Income 0
Operating Expense 0
Property Type Commercial Sale Industrial
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
MLS Area Indiana - Lake County Balance
Lot Size Square Feet 1530
Tax Annual Amount 4361
Additional Parcels Y/N N
Leasable Area 24629
Lease Type N/A
Standard Status Active
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Exterior
Building Area Total 24629
Lot Dimensions 1530
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* Excluded Features
List By
Key Collective

Broker

cshomesweethome@yahoo.com

Email

Affordability Calculator

$4,438
Per Month
92%
8%
0%
Monthly Principal & Interest
$4,075
Monthly Property Taxes
$363
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
565567 Elementary School
567955 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
10/2/2026$590,000 Listed Price

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323 Central Avenue, Lake Station, IN, 46405 is a Commercial Property for sale at $590,000 with 24,629 sqft and a lot size of 0.035124. 323 Central Avenue was built in 1973. The property's zip code is 46405 which is in Lake Station, IN

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