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Retail Space with CG Zoning
For Sale
$1,550,000

2306 Calumet Avenue, Valparaiso, IN 46383

SINGLE_FAMILY - Valparaiso, IN

Property Size2,400 SF
Lot Size0.45 Acres
Price / SF$645.83
Days on Market115

Property Features for 2306 Calumet Avenue

General Information

Property type Residential
Property subtype Retail
Parking 19
View City
Directions From Vale Park Rd and Calumet Ave round about, head south on Calumet Ave to Carrsbrooke Dr. Property is on the corner of Calumet Ave and Carrsbrooke Dr.
Standard status Active
APN 640913228008000004
Size 2,400 SF
Lot size 0.45 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description PARC IN S96.3 N1194.4 W173.12 E OF RD NE 13-35-6 .34A DR395 P24 TIF
Tax Annual Amount 7745
Legal Description PARC IN S96.3 N1194.4 W173.12 E OF RD NE 13-35-6 .34A DR395 P24 TIF

Utilities

Sewer type Public Sewer
Heating system Natural Gas, Forced Air
Water source Public

Building Details

Year built 1978
Listing Agency: RE/MAX Lifestyles · RE/MAX International
Listed By: Matt Evans · License #RB14034485
Added: Apr 20 Changed: Aug 3 Last Checked: Aug 12 at 2:06PM
MLS# 837846

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.

This existing retail building offers an opportunity to repurpose and re-brand on two lots along the North Calumet commercial corridor in Valparaiso. The property sits on 0.45 acres and includes 2,400 SF of retail space. It was built in 1978 and is served by public water and public sewer. Heating is provided by forced air with natural gas.

The location is on the North Calumet commercial corridor with over 10,500 AADT vehicle count per 2025, supporting a strong retail and service presence. The property is zoned Commercial General (CG) for retail, restaurant, office, medical, and more approved uses. The site also offers over 19 parking spaces.

Nearby businesses include Starbucks, Chipotle, Chase Bank, Goodyear, Family Express, 7Brew, Drive & Shine, and Strack & Van Til.

Key Highlights

  • 0.45‑acre site on two lots
  • 2,400 SF existing retail building
  • Commercial General (CG) zoning for retail, restaurant, office, medical, and more approved uses

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Auto Repair Shop Restaurant Law Firm Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

10,500 VPD
Traffic count

Location Intelligence

Trade Area within ½ mile

1,178
Businesses Nearby

Demographics for 46383, IN

41,981
Population
18,343
Households
2.3
Avg Household Size
39
Median Age
38%
College-Educated
95%
High-School Grad
87.5 sq mi
ZIP Area
480
Density / Sq Mi
$75,575
Median Household Income
$43,065
Median Earnings
$1,144
Median Rent
$258,400
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Retail space - Existing retail building on two lots with Commercial General (CG) zoning and public utilities for flexible use.
Where is this retail space located?
The property is located at 2306 Calumet Avenue Valparaiso, IN.
What is the asking price?
The asking price for this property is $1,550,000.
What are key features of this property?
This property features: 0.45‑acre site on two lots; 2,400 SF existing retail building; Commercial General (CG) zoning for retail, restaurant, office, medical, and more approved uses
More about this property
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