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    4725 Central Ave Lake Station, IN 46405

    New
    For Sale
    $299,000

    SINGLE_FAMILY - Lake Station, IN

    Type:Retail
    Property size:
    4,000 SF
    Lot size:
    0.23 Acres
    Days on Market:
    1
    Last Refresh:
    Dec 13 at 3:06 am

    Property Features for 4725 Central Ave

    General Information

    Property type
    Residential
    Property subtype
    Retail
    Standard status
    Active
    APN
    450916280005000021
    Parking
    10
    Interior features
    High Ceilings, Open Floorplan
    Appliances
    Gas Water Heater
    Size
    4,000 SF
    Lot size
    0.23 Acres

    Utilities

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

    Building Details

    Year built
    1968

    McColly Real Estate (219) 864-7200 [email protected]

    Listing agent Nancy Esqueda (219) 805-6323

    Listing date Dec 13, 2025

    Copyright © 2025 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.

    Overview

    Commercial Brick Building For Sale

    This 4,000 sq. ft. commercial brick building is located in Lake Station, IN. The property is in excellent condition and offers possibilities for retail, office, showroom, or mixed-use space. It features solid construction, a flexible floor plan, and strong curb appeal. The lot size is 0.23 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Bitcoin Depot | Bitcoin ... Atm Bitcoin Depot ATM Atm

    Suggested Use

    Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lake Station
    County
    Lake
    State
    Indiana
    Longitude
    -87.226135
    Latitude
    41.574089

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      Turnkey Pub and Grub Business

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    • $723,172
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      Lake Station Retail Opportunity

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    FAQs

    What type of property is this?
    Retail space - 4,000 sq ft commercial building suitable for retail/office.
    Where is this retail space located?
    The property is located at 4725 Central Ave Lake Station, IN.
    What is the asking price?
    The asking price for this property is $299,000.
    What are key features of this property?
    This property features: - Prime 4,000 sq. ft. commercial brick building.; - Excellent condition and solid construction.; - Flexible open floor plan ideal for retail, office, showroom, or mixed-use.
    (219) 805-6323
    Request Owner's contact information
    4725 Central Ave Lake Station, IN 46405
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4725 Central Ave Lake Station, IN 46405
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