Dual-Unit Auto Repair
5843 U.s 6, Portage, IN 46368
- Added:
- May 5, 2026
- Days on Market:
- 54
- Last Refresh:
- Jun 27 at 4:06 pm
Property Features for 5843 U.s 6
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Parking
- 40
- Standard status
- Active
- APN
- 640526201004000016
- Size
- 7,374 SF
- Lot size
- 1.86 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Description
- 8 - Portage Corporation -016
- Tax Annual Amount
- 12273
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Heating system
- Forced Air
- Water source
- Public
Building Details
- Year built
- 1990
Listing agent Saso Joveski (219) 808-1520
Listing office Realest.com 112 S. Main St Suite B, Crown Point, IN (219) 808-1520
Listing date May 5, 2026
MLS# 838296
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.
HighLights
- Rare dual‑unit commercial auto repair facility on a high‑traffic corridor (US Highway 6) with excellent visibility and dual access points.
- Turnkey acquisition: all equipment and inventory included in the sale.
- Unit One: Fully operational auto and truck repair shop continuously running since 1990 with established customer base.
- Unit Two: Vacant unit offers immediate rental income potential, expansion opportunity, or repositioning for alternative commercial use.
- C2 General Commercial zoning with conforming permitted use; no variances needed.
- SBA financing eligible with strong debt service coverage for qualified buyers.
Overview
This is a dual-unit commercial auto repair facility situated on a 1.86-acre lot along US Highway 6 in Portage, Indiana. The property benefits from a signalized intersection, a large pylon sign visible from both directions, and a generously sized parking lot with dual access points and marked stalls. Unit One is a fully operational full-service auto and truck repair shop that has been running continuously since 1990. The customer side features a spacious windowed waiting area with seating, large glass storefront windows, a service counter with point of sale setup and product display shelving, a private manager office with drop ceiling lighting and filing storage, and an ADA-equipped tiled restroom. The shop floor includes multiple drive-through bays with full-height glass garage doors, multiple commercial-grade post lifts, wheel balancing and alignment machines, diagnostic equipment, an industrial air system, heating units, toolboxes, rolling carts, and specialty equipment for exhaust and brake work. A fully stocked floor-to-ceiling parts and inventory room transfers with the sale. A mezzanine level above the shop floor provides additional storage. Unit Two is a vacant unit with its own independent street entrance, awning, reception area, bay doors, lifts, and restroom facilities. The 7,374 square foot property is zoned C2 General Commercial, conforming permitted use. The property is located 30 miles from downtown Chicago with direct access to I-94.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $154.9k | $21.00 |
| − Vacancy | −$6.5k | −$0.88 |
| EGI | $148.4k | $20.12 |
| − OpEx | −$44.5k | −$6.04 |
| NOI | $103.8k | $14.08 |
7,374 SF · lease $21.00/SF/yr · vacancy 4.20% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.48M
$1.30M – $1.73M
NOI $103,845 @ 7.0% cap · market cap 6.49%
Second Best
Industrial
$418.6K
$366.3K – $488.4K
NOI $29,301 @ 7.0% cap · market cap 1.83%
Theoretical Best
Healthcare Medical
$2.79M
$2.45M – $3.26M
NOI $195,636 @ 7.0% cap · market cap 12.23%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Auto shops
Similar Places Nearby
- TLG Leasing — I-94, Portage, IN 46368
- U-Haul Neighborhood Dealer — 5605 Old Porter Rd Ste 8, Portage, IN 46368
Location Insight
- Map
- Local Demand
- City
- Portage
- County
- Porter
- State
- Indiana
- Longitude
- -87.188739
- Latitude
- 41.549702
Nearby Similar for Sale
FAQs
What type of property is this?
Automotive property - Turnkey auto repair facility on high-traffic corridor with equipment included.
Where is this automotive property located?
The property is located at 5843 U.s 6 Portage, IN.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: Rare dual‑unit commercial auto repair facility on a high‑traffic corridor (US Highway 6) with excellent visibility and dual access points.; Turnkey acquisition: all equipment and inventory included in the sale.; Unit One: Fully operational auto and truck repair shop continuously running since 1990 with established customer base.
