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Railside Business Park Commercial Space

13861 Alexander Street C, Cedar Lake, IN 46303

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For Sale

Contact for pricing

Commercial space for purchase or lease in growing community.

Type:Business for Sale, Hospitality, Mixed Use, Office, Retail

Property size:

2,500 SF

Price / SF:

$159/SF

HighLights

High‑visibility end‑cap unit with drive‑up windows on two sides, attracting significant traffic.
Strategic location near local schools and Route 41.
Located in a fast‑growing community in Northwest Indiana.
Flexible B3 zoning allows for a variety of community‑focused uses.
New construction (Year Built: 2025).
Available for purchase or lease.

We can help!

Contact an agent

Shelly Faber

For Sale

Contact for pricing

Commercial space for purchase or lease in growing community.

Type:Business for Sale, Hospitality, Mixed Use, Office, Retail

Property size:

2,500 SF

Price / SF:

$159/SF

Added:: Mar 27, 2025
Days on Market:: 469
Last Refresh:: Jul 2 at 6:28 am

Property Features for 13861 Alexander Street C

General Information

Standard status: Active
Size: 2,500 SF
Property subtype: Business for Sale, Hospitality, Mixed Use, Office, Retail

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

High‑visibility end‑cap unit with drive‑up windows on two sides, attracting significant traffic.
Strategic location near local schools and Route 41.
Located in a fast‑growing community in Northwest Indiana.
Flexible B3 zoning allows for a variety of community‑focused uses.
New construction (Year Built: 2025).
Available for purchase or 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 features drive-up windows on two end-caps, providing visibility and attracting traffic due to its location near local schools and Route 41. The property is suitable for a variety of 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.

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 7.93%

Second Best

Mixed Use

$353.6K

$309.4K – $412.5K (±1% cap)

NOI $24,750 @ 7.0% cap · market cap 6.19%

Theoretical Best

Specialty Retail

$697.9K

$610.7K – $814.2K (±1% cap)

NOI $48,853 @ 7.0% cap · market cap 12.22%

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

Property Profile Location Intelligence

Current Use by Public Records

Retail space

Suggested Use

Location Insight

Map
Local Demand

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

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

What type of property is this?

Mixed-use property - Commercial space for purchase or lease in growing community.

Where is this mixed-use property located?

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

What is the asking price?

The asking price for this property is $399,900.

What are key features of this property?

This property features: High‑visibility end‑cap unit with drive‑up windows on two sides, attracting significant traffic.; Strategic location near local schools and Route 41.; Located in a fast‑growing community in Northwest Indiana.