Historic Downtown Mixed-Use
For Sale
$775,000
Pending
119 Broadway Avenue, Chesterton, IN 46304
COMMERCIAL - Chesterton, IN
Property Size12,812 SF
Lot Size0.13 Acres
Days on Market353
Property Features for 119 Broadway Avenue
General Information
Property type
Commercial Sale
Property subtype
Office
Rooms
Basement
Parking features
On Street
Interior features
Entrance Foyer
Basement
Finished
Subdivision
Chesterton
Lot features
Corner Lot
View
City, Park
Directions
Calumet to west on Broadway
Standard status
Pending
APN
640336476001000023
Size
12,812 SF
Lot size
0.13 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
O S W44 LOT 4 BLK 2
Tax Annual Amount
6217
Legal Description
O S W44 LOT 4 BLK 2
Utilities
Utilities
Natural Gas Available
Sewer type
Public Sewer
Heating system
Forced Air, Natural Gas, Hot Water(Heating)
Water source
Public
Building Details
Year built
1900
Listing Agency:
Seramur Properties, LLC
(219) 548-8800
Listed By:
Alexis Metcalf · License #RB14044384
(773) 991-9690
Added: Sep 4, 2025
Changed: Aug 19
Last Checked: Aug 22 at 5:06AM
MLS# 827178
Copyright © 2026 Greater Northwest Indiana Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Built in 1900, this 12,812-square-foot mixed-use property occupies 0.133 acres and retains original architectural character. The building includes retail, office, and residential areas, with current occupancy that includes a chiropractic office, an art gallery, and two residential apartments. A basement, entrance foyer, forced-air and hot-water heating, natural gas availability, public water, and public sewer are also part of the property’s configuration.
The site has frontage on Broadway and 2nd Street in downtown Chesterton, where markets, parades, and festivals take place. It is located a few miles from the National Park and major highways. On-street parking is available, and many of the existing tenancies are described as long term. The stated cap rate is 9.
The site has frontage on Broadway and 2nd Street in downtown Chesterton, where markets, parades, and festivals take place. It is located a few miles from the National Park and major highways. On-street parking is available, and many of the existing tenancies are described as long term. The stated cap rate is 9.
Key Highlights
- 12,812 square feet on 0.133 acres
- Built in 1900 with much of the original character intact
- Frontage on Broadway and 2nd Street in downtown Chesterton
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
712
Businesses Nearby
Explore this area
Business Placement
Demographics for 46304, IN
26,835
Population
11,521
Households
2.3
Avg Household Size
41
Median Age
35%
College-Educated
96%
High-School Grad
57.8 sq mi
ZIP Area
464
Density / Sq Mi
$88,551
Median Household Income
$52,704
Median Earnings
$1,169
Median Rent
$278,300
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Two-story commercial building with retail, office, and residential occupancy in downtown Chesterton.
Where is this mixed-use property located?
The property is located at 119 Broadway Avenue Chesterton, IN.
What is the asking price?
The asking price for this property is $775,000.
What are key features of this property?
This property features: 12,812 square feet on 0.133 acres; Built in 1900 with much of the original character intact; Frontage on Broadway and 2nd Street in downtown Chesterton
