Historic Mixed-Use
For Sale
$775,000
Pending
119 Broadway Avenue, Chesterton, IN 46304
Commercial Sale, Chesterton, IN
Property Size12,812 SF
Lot Size0.13 Acres
Days on Market398
Property Features for 119 Broadway Avenue
General Information
Property type
Commercial Sale
Property subtype
Office
Rooms
Basement
Parking features
On Street
Interior features
Entrance Foyer
Basement
Finished
Subdivision
Chesterton
Lot features
Corner Lot
View
Park, City
Directions
Calumet to west on Broadway
Standard status
Pending
APN
640336476001000023
Size
12,812 SF
Lot size
0.13 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
O S W44 LOT 4 BLK 2
Tax Annual Amount
6217
Legal Description
O S W44 LOT 4 BLK 2
Utilities
Utilities
Natural Gas Available
Sewer type
Public Sewer
Heating system
Hot Water(Heating), Natural Gas, Forced Air
Water source
Public
Building Details
Year built
1900
Listing Agency:
Seramur Properties, LLC
(219) 548-8800
Listed By:
Alexis Metcalf · License #RB14044384
(773) 991-9690
Added: Sep 4, 2025
Changed: Sep 13
Last Checked: Oct 6 at 2:06PM
MLS# 827178
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.
Built in 1900, this 12,812-square-foot mixed-use property includes retail, office, and residential components, with original architectural details remaining in place. Existing occupants include a chiropractic office, art gallery, and two residential apartments, while the building also features an entrance foyer, basement, natural gas availability, public water, and public sewer. On-street parking serves the property.
The building occupies 0.133 acres at the intersection of Broadway and 2nd Street in downtown Chesterton. The surrounding area hosts markets, parades, and festivals, and the property is located a few miles from the National Park and major highways. A cap rate of 9 is provided in the property information.
The building occupies 0.133 acres at the intersection of Broadway and 2nd Street in downtown Chesterton. The surrounding area hosts markets, parades, and festivals, and the property is located a few miles from the National Park and major highways. A cap rate of 9 is provided in the property information.
Key Highlights
- 12,812‑square‑foot mixed‑use building on 0.133 acres
- Retail, office, and residential components with two residential apartments
- Existing occupants include a chiropractic office and art gallery
Property Analytics
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Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
712
Businesses Nearby
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Office in Midwest region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Downtown property combines retail, office, and residential spaces with original architectural character and established tenancy.
Where is this mixed-use property located?
The property is located at 119 Broadway Avenue Chesterton, IN.
What is the asking price?
The asking price for this property is $775,000.
What are key features of this property?
This property features: 12,812‑square‑foot mixed‑use building on 0.133 acres; Retail, office, and residential components with two residential apartments; Existing occupants include a chiropractic office and art gallery
