Retail Space with Train
For Sale
$450,000
301 Grant Avenue, Chesterton, IN 46304
Commercial Sale, Chesterton, IN
Property Size6,236 SF
Lot Size0.79 Acres
Price / SF$72.16
Days on Market155
Property Features for 301 Grant Avenue
General Information
Property type
Commercial Sale
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
Forced Air, Natural Gas
Water source
Public
Amenities
deck
Building Details
Year built
1961
Listing Agency:
McColly Real Estate
(219) 926-1616
Listed By:
Paul Boyter · License #RB14020663
(219) 789-1228
Added: Apr 17
Changed: Sep 12
Last Checked: Sep 18 at 10:06AM
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.
This 6,236-square-foot retail property occupies 0.79 acres and incorporates four train cars connected by a central building. An 80-foot deck extends along each side between the cars, creating additional exterior space. The property also includes a basement, lighting, natural gas heating, forced-air heat, cable availability, public water, and public sewer. Built in 1961, the site offers a distinctive physical configuration for a commercial operation.
The property is located at 301 Grant Avenue in Chesterton, across the tracks from a train-themed bed and breakfast and the Duneland Chamber of Commerce. Downtown Chesterton, the 4th Street Theater, Lake Michigan, Porter Beach, the South Shore Train Station, the Indiana Toll Road, I-94, and Indiana Dunes National Park are within minutes. The site is part of the Chesterton Riverfront Development Project, where a liquor license may be applied for.
The property is located at 301 Grant Avenue in Chesterton, across the tracks from a train-themed bed and breakfast and the Duneland Chamber of Commerce. Downtown Chesterton, the 4th Street Theater, Lake Michigan, Porter Beach, the South Shore Train Station, the Indiana Toll Road, I-94, and Indiana Dunes National Park are within minutes. The site is part of the Chesterton Riverfront Development Project, where a liquor license may be applied for.
Key Highlights
- 6,236‑square‑foot retail property on 0.79 acres
- Four train cars connected by a central building
- 80‑foot deck on each side between the cars
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
712
Businesses Nearby
21k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 71%
Home Improvements & Furnishings 29%
Chase Bank
Shops & Services
6,882 visits/mo
0.1 miles
Hopkins' Ace Hardware
Home Improvements & Furnishings
5,502 visits/mo
0.3 miles
Citgo
Shops & Services
3,499 visits/mo
0.3 miles
Fifth Third Bank & ATM
Shops & Services
2,631 visits/mo
0.0 miles
Centier Bank
Shops & Services
1,806 visits/mo
0.1 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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Midwest region
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 - Four connected train cars provide an unconventional setting for a commercial business in Chesterton.
Where is this retail space 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: 6,236‑square‑foot retail property on 0.79 acres; Four train cars connected by a central building; 80‑foot deck on each side between the cars
