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Train Car Bar with Deck
For Sale
$450,000

301 Grant Avenue, Chesterton, IN 46304

SINGLE_FAMILY - Chesterton, IN

Property Size6,236 SF
Lot Size0.79 Acres
Price / SF$72.16
Days on Market109

Property Features for 301 Grant Avenue

General Information

Property type Residential
Property subtype Retail
Rooms Basement
Parking 30
Exterior features Lighting
Basement Unfinished
Directions Calumet Avenue to Grant Avenue.
Standard status Active
APN 640336408001000023
Size 6,236 SF
Lot size 0.79 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description PAR IN E 400.01 W992.85 N RR DESC #00-011842 SE 36-37-6 .79A
Tax Annual Amount 7595
Legal Description PAR IN E 400.01 W992.85 N RR DESC #00-011842 SE 36-37-6 .79A

Utilities

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

Amenities

deck

Building Details

Year built 1961
Listing Agency: McColly Real Estate
Listed By: Paul Boyter · License #IN-14020663
Added: Apr 17 Changed: Jul 30 Last Checked: Aug 3 at 12:06AM
MLS# 837371

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.

A distinctive bar-and-business property built around four train cars, connected by a central building. The layout includes an 80-foot deck on each side between the cars, with a building in the middle that connects all four cars. The property includes a basement and exterior lighting, supported by natural gas forced air heating. Public water and public sewer are available, with cable available as well.

The site sits at 301 Grant Avenue in Chesterton, Indiana. It is described as being across the tracks from a train bed and breakfast, with nearby references to Duneland Chamber of Commerce and quaint downtown Chesterton, plus the 4th Street Theater across Fourth Street. The property is located within the Chesterton Riverfront Development Project, where an applicant can apply for a liquor license.

Built in 1961, the lot size is 0.79 acres, with 6,236 square feet of property size listed.

Key Highlights

  • 0.79‑acre lot with 6,236 SF
  • 80‑foot deck on each side between four connected train cars
  • Central building connects all four train cars

Property Analytics

Current Use

Bars & Pubs

Suggested Use

Top Pick Auto Parts Store Big Box & Wholesale Store Daycare Center Electrical Service HVAC Service Kitchen & Bath Showroom

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

Turnkey business
Opportunity
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

634
Businesses Nearby
12k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 96% Home Improvements & Furnishings 4%
Chase Bank Shops & Services
6,882 visits/mo 0.3 miles
Fifth Third Bank & ATM Shops & Services
2,631 visits/mo 0.2 miles
Centier Bank Shops & Services
1,806 visits/mo 0.4 miles
Republic Services Home Improvements & Furnishings
459 visits/mo 0.3 miles

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 Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Similar Off Market Nearby

  • Running Vines Winery — 101 Broadway Ave, Chesterton, IN 46304
  • Main Street Tap House — 119 S Calumet Rd, Chesterton, IN 46304
  • Flannery's Tavern — 125 S Calumet Rd, Chesterton, IN 46304
  • Cheers! In Chesterton — 1050 Broadway Ave #36, Chesterton, IN 46304
  • Danny O's Bar & Grill — 1050 S Calumet Rd, Chesterton, IN 46304

Frequently Asked Questions

What type of property is this?
Bar & Pub - Bar-and-business setup featuring a central building connecting four train cars and an 80-foot deck on each side.
Where is this bar & pub located?
The property is located at 301 Grant Avenue Chesterton, IN.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: 0.79‑acre lot with 6,236 SF; 80‑foot deck on each side between four connected train cars; Central building connects all four train cars
More about this property
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