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Mixed-Use Property with Leased Spaces
For Sale
$550,000

2800 Dekalb Street, Lake Station, IN 46405

Commercial Sale, Lake Station, IN

Property Size1,005 SF
Lot Size0.16 Acres
Price / SF$547.26
Days on Market19

Property Features for 2800 Dekalb Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Commercial
Appliances Gas Range, Refrigerator
Subdivision East Gary 01
Directions CENTRAL AVE TO DEKALB SO ON DEKALB
Standard status Active
APN 450918356028000021
Size 1,005 SF
Lot size 0.16 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description 1ST SUBDIV. E. GARY ALL LOTS 56 & 57 BL.6
Tax Annual Amount 7414
Legal Description 1ST SUBDIV. E. GARY ALL LOTS 56 & 57 BL.6

Utilities

Utilities Water Available
Sewer type Public Sewer
Heating system Central
Water source Public

Building Details

Year built 1951
Listing Agency: McCormick Real Estate, Inc.
Listed By: Jeff McCormick · License #RB14033291
Added: Aug 18 Changed: Aug 21 Last Checked: Sep 5 at 10:06PM
MLS# 843940

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 mixed-use property at 2800 Dekalb Street includes four leased commercial spaces on the lower level and three leased residential units above. The building contains 1,005 square feet on a 0.155-acre parcel and was built in 1951. Existing features include central heating, a gas range, and a refrigerator.

Located in Lake Station, Indiana, the property is served by public water and public sewer, with water available. The commercial and residential components provide a combined configuration within one building. Showings are subject to tenant rights and availability.

Key Highlights

  • Four leased commercial spaces occupy the lower level
  • Three leased residential units are located above the commercial spaces
  • 1,005 square feet on a 0.155‑acre parcel

Property Analytics

Current Use

Gemini Beauty Bar ... Spa & Massage Center Eclipse Hair Studio Hair Salon Pratt's Direct Your ... Industrial Manufacturer

Suggested Use

Top Pick Real Estate Agency Law Firm Nail Salon Building Supply Electrical Service Spa & Massage Center

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

3
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

187
Businesses Nearby

Demographics for 46405, IN

11,860
Population
4,566
Households
2.6
Avg Household Size
37
Median Age
10%
College-Educated
80%
High-School Grad
9.0 sq mi
ZIP Area
1,318
Density / Sq Mi
$57,005
Median Household Income
$34,058
Median Earnings
$1,136
Median Rent
$123,600
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Two-level configuration combines four occupied commercial spaces with three leased residential units.
Where is this mixed-use property located?
The property is located at 2800 Dekalb Street Lake Station, IN.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Four leased commercial spaces occupy the lower level; Three leased residential units are located above the commercial spaces; 1,005 square feet on a 0.155‑acre parcel
More about this property
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