Retail Suite with
New
For Sale
$249,000
101-850 Sidewalk Rd, Chesterton, IN 46304
PUD-zoned condominium space combines private rooms with an open area for retail display.
Property Size1,400 SF
Price / SF$177.86
Days on Market5
Property Features for 101-850 Sidewalk Rd
General Information
Standard status
Active
Size
1,400 SF
Zoning
PUD
Taxes and HOA fees
Annual Taxes
$4,664
Amenities
luxury vinyl
carpet
tile
large south-facing windows
natural light
landscaping
snow removal
trash services
Listing Agency:
StreetFront, LLC
Listed By:
Ryan Peters · License #RB14047099
(219) 510-3720
Source:
Exprealty
Added: Oct 9
Changed: Oct 12
Last Checked: Oct 12 at 8:40PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of StreetFront, LLC
Investment Insights
Based on property information with market context.
This retail condominium suite contains 1,400 square feet, including four private rooms, one bathroom, and an 840-square-foot open retail and showroom area. Flooring includes luxury vinyl, carpet, and tile, while south-facing windows bring natural light into the front portion of the space. The property is zoned PUD.
The Property Owners Association handles exterior upkeep, landscaping, snow removal, and trash service. The suite is located at 101-850 Sidewalk Road in Chesterton, Indiana.
The Property Owners Association handles exterior upkeep, landscaping, snow removal, and trash service. The suite is located at 101-850 Sidewalk Road in Chesterton, Indiana.
Key Highlights
- 1,400‑square‑foot retail condominium suite
- 840‑square‑foot open retail and showroom area
- Four private rooms and one bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,716
Cap Rate
7.92%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$394,320
$394.3K
Cap Rate 7%
$281,657
$281.7K
Cap Rate 9%
$219,067
$219.1K
Market Conditions
NOI Build-Up for 1,400 SF
Gross rent
$29.4K $21.00/SF
− Vacancy
−$1.2K −$0.88/SF
EGI
$28.2K $20.12/SF
− OpEx
−$8.4K −$6.04/SF
NOI
$19.7K $14.08/SF
Area
Porter County, IN
Vacancy
4.20%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$394,320
Cap Rate 7%
$281,657
Cap Rate 9%
$219,067
Alternative Uses
Best Use
Retail
$281.7K
$246.5K – $328.6K
NOI $19,716 @ 7.0% cap · market cap 7.92%
Second Best
—
—
no second resolved use
Theoretical Best
Healthcare Medical
$530.6K
$464.3K – $619.1K
NOI $37,143 @ 7.0% cap · market cap 14.92%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
180
Businesses Nearby
9k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 100%
Dunkin' Donuts
Dining
8,702 visits/mo
0.5 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
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 - PUD-zoned condominium space combines private rooms with an open area for retail display.
Where is this retail space located?
The property is located at 101-850 Sidewalk Rd Chesterton, IN.
What is the asking price?
The asking price for this property is $249,000.
What are key features of this property?
This property features: 1,400‑square‑foot retail condominium suite; 840‑square‑foot open retail and showroom area; Four private rooms and one bathroom
