Flex Building with Showroom and Warehouse

11130 W 93rd Avenue St John, IN 46373

Claim this Listing
New
For Sale
$995,000

COMMERCIAL - St. John, IN

Property size:
5,510 SF
Lot size:
0.64 Acres
Price / SF:
$180/SF
Added:
Jul 9, 2026
Days on Market:
2
Last Refresh:
Jul 10 at 2:06 am

Property Features for 11130 W 93rd Avenue

General Information

Property type
Commercial Sale
Property subtype
Other
Parking
10
Standard status
Active
APN
451128353011000035
Size
5,510 SF
Lot size
0.64 Acres

Taxes and HOA fees

Tax Year
2025
Tax Description
PT W.94.47FT OF S.5AC OF W1/2 SW1/4 SW1/4 EX. E.300FT & EX W.130FT & EX. S.30FT OF W.211.56FT S.28 T.35 R.9 0.635 Ac
Tax Annual Amount
4623

Utilities

Utilities
Natural Gas Available
Sewer type
Public Sewer
Heating system
Baseboard
Water source
Public

Building Details

Year built
1963

Listing agent Anthony Christopher License #RB22001074

Listing office McColly Real Estate 850 Deer Creek Dr, Schererville, IN

Listing date Jul 9, 2026

MLS# 841957

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 flex-style commercial building offers a combined showroom and warehouse layout, along with an attached two-bedroom apartment. The property includes approximately 2,300 square feet of showroom space and about 1,500 square feet of warehouse space, plus an additional 1,200 square feet for the apartment. A rear lot is equipped with overhead doors, providing convenient access for loading, storage, and daily operational needs.

The listing is presented for sale in St. John, Indiana, and the building is described as having strong exposure and visibility supported by high traffic counts (per the provided remarks). Buyers should confirm details and all allowable uses, as opportunities are described as subject to zoning.

Overall, the property is configured to support multiple on-site functions with clear separation between showroom and warehouse components, supplemented by the attached residential unit and rear access for vehicles and materials.

Key Highlights

  • Commercial building built in 1963 with approximately 5,500+ SF of flexible space
  • Includes about 2,300 SF showroom plus about 1,500 SF warehouse space
  • Attached 1,200 SF, two‑bedroom apartment

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 $79.3k $14.40
− Vacancy −$3.5k −$0.63
EGI $75.9k $13.77
− OpEx −$22.8k −$4.13
NOI $53.1k $9.64
5,510 SF · lease $14.40/SF/yr · vacancy 4.40% · expense 30.00%

Alternative Uses

Best Use
Retail
$758.5K
$663.7K – $885.0K (±1% cap)
NOI $53,097 @ 7.0% cap · market cap 5.34%
Second Best
Warehouse
$554.5K
$485.2K – $646.9K (±1% cap)
NOI $38,816 @ 7.0% cap · market cap 3.90%
Theoretical Best
Specialty Retail
$1.54M
$1.35M – $1.79M (±1% cap)
NOI $107,672 @ 7.0% cap · market cap 10.82%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Flex space

Suggested Use

Real Estate Agency Law Firm Hair Salon HVAC Service Grocery & Convenience Store Plumbing Service (Bike/Boat/Book/etc) Store Auto Parts Store Computer & Electronic Repair (Bike/Boat/Book/etc) Store

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

Similar Off Market Nearby

  • Comforts Catering 9585 N Industrial Dr, St John, IN 46373

FAQs

What type of property is this?
Flex space - Flex facility includes showroom, warehouse, and an attached two-bedroom apartment with rear lot access via overhead doors.
Where is this flex space located?
The property is located at 11130 W 93rd Avenue St John, IN.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: Commercial building built in 1963 with approximately 5,500+ SF of flexible space; Includes about 2,300 SF showroom plus about 1,500 SF warehouse space; Attached 1,200 SF, two‑bedroom apartment
Contact an agent
More about this property
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