Railside Business Park Commercial Space

13861 Alexander Street D, Cedar Lake, IN 46303

View on Map

For Sale

Contact for pricing

2,500 sq ft commercial space in growing community.

Type:Mixed Use, Office, Retail, Special Purpose

Property size:

2,500 SF

Price / SF:

$199/SF

HighLights

Strategic location near local schools and Route 41 attracting significant traffic and visibility.
2,500 sq ft commercial space available for purchase/lease within a modern four‑unit building.
Six B3‑zoned lots available, offering flexibility for various community‑focused uses.
Located in one of the fastest‑growing communities in Northwest Indiana.
Commercial unit features drive‑up windows on two end‑caps.
All units are also available for lease.

We can help!

Contact an agent

Shelly Faber

For Sale

Contact for pricing

2,500 sq ft commercial space in growing community.

Type:Mixed Use, Office, Retail, Special Purpose

Property size:

2,500 SF

Price / SF:

$199/SF

Added:: Mar 27, 2025
Days on Market:: 469
Last Refresh:: Jun 29 at 3:06 am

Property Features for 13861 Alexander Street D

General Information

Standard status: Active
Size: 2,500 SF
Property subtype: Mixed Use, Office, Retail, Special Purpose

Building Details

Year Built: 2025

We can help!

Contact an agent

Shelly Faber

Listing office McColly Real Estate Cedar Lake

Listing date Mar 27, 2025

Source Crexi

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 McColly Real Estate Cedar Lake

HighLights

Strategic location near local schools and Route 41 attracting significant traffic and visibility.
2,500 sq ft commercial space available for purchase/lease within a modern four‑unit building.
Six B3‑zoned lots available, offering flexibility for various community‑focused uses.
Located in one of the fastest‑growing communities in Northwest Indiana.
Commercial unit features drive‑up windows on two end‑caps.
All units are also available for lease.

Overview

Located in a rapidly growing community in Northwest Indiana, Railside Business Park offers an investment opportunity for entrepreneurs, investors, and established businesses. A 2,500 sq ft commercial space is available for purchase or lease within a modern four-unit building. This unit includes drive-up windows on two end-caps, providing visibility and attracting traffic due to its location near local schools and Route 41. In addition to the commercial unit, six B3-zoned lots are available, offering flexibility for community-focused uses such as business and professional offices, retail establishments, medical and dental facilities, restaurants and hotels, recreation centers, vocational and trade schools, senior centers or care facilities, and breweries or community centers. All units are also available for lease.

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$54.0k	$21.60
− Vacancy	−$11.7k	−$4.69
EGI	$42.3k	$16.91
− OpEx	−$10.6k	−$4.23
NOI	$31.7k	$12.68

2,500 SF · lease $21.60/SF/yr · vacancy 21.70% · expense 25.00%

Alternative Uses

Best Use

Office B

$453.0K

$396.4K – $528.5K (±1% cap)

NOI $31,712 @ 7.0% cap · market cap 6.37%

Second Best

Mixed Use

$353.6K

$309.4K – $412.5K (±1% cap)

NOI $24,750 @ 7.0% cap · market cap 4.97%

Theoretical Best

Specialty Retail

$697.9K

$610.7K – $814.2K (±1% cap)

NOI $48,853 @ 7.0% cap · market cap 9.82%

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

Property Profile Location Intelligence

Current Use by Public Records

Mixed-use properties

Suggested Use

Location Insight

Map
Local Demand

City: Cedar Lake
County: Lake
State: Indiana
Longitude: -87.4619435
Latitude: 41.3853617

Nearby Similar for Sale

$250,000

1,253 SF

Auto Shop Flex Building with Overhead Doors

Leased auto tint and vehicle customization space with an open workspace, customer waiting area, office, and two 9-foot overhead doors.

13536 Morse Street, Cedar Lake, IN 46303

View Details
$1,251,000

9,520 SF

New Office-Warehouse Building

Newly constructed office-warehouse at Railside Business Park with three-phase power and concrete floors with drains.

13851 Alexander Street, Cedar Lake, IN 46303

View Details
$649,500

1,923 SF

Creative Commercial Space in Cedar Lake

Innovative commercial space designed to inspire and foster business growth.

9603 W 133rd Avenue, Cedar Lake, IN 46303

View Details
$369,000

Duplex with Two Separate Garages

All-brick duplex offering two separate homes, each with a basement, garage, and covered porch, sold as-is.

13131-35 Schneider Street, Cedar Lake, IN 46303

View Details
$1,251,000

9,520 SF

New Construction Office/Warehouse Building

9,520 sqft office/warehouse building ready for customization.

13851 Alexandria Ln, Cedar Lake, IN, 46303-0846

View Details
$250,000

Automotive Service and Office Building

Leased automotive facility with open workspace, two overhead doors, and dedicated office space plus customer waiting area.

13536 Morse Street, Cedar Lake, IN 46303

View Details
$545,000

2,500 SF

Railside Business Park Retail Space

2,500 sqft retail space in fast-growing Cedar Lake, Indiana.

13861 Alexander Street, Cedar Lake, IN 46303

View Details
$399,900

2,500 SF

Railside Business Park Commercial Space

Commercial space for purchase or lease in growing community.

13861 Alexander Street C, Cedar Lake, IN 46303

View Details
$369,000

2,190 SF

All-Brick Duplex with Two Garages

Two separate residences with hardwood floors, covered porches, basements, and garages, offered for owner-occupant or income use.

13131-35 Schneider Street, Cedar Lake, IN 46303

View Details

For sale
Mixed-use properties
IN
Cedar Lake
46303
13861 Alexander Street D

What type of property is this?

Mixed-use property - 2,500 sq ft commercial space in growing community.

Where is this mixed-use property located?

The property is located at 13861 Alexander Street D Cedar Lake, IN.

What is the asking price?

The asking price for this property is $497,500.

What are key features of this property?

This property features: Strategic location near local schools and Route 41 attracting significant traffic and visibility.; **2,500 sq ft commercial space available for purchase/lease** within a modern four‑unit building.; Six B3‑zoned lots available, offering flexibility for various community‑focused uses.