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Professional Office Suite
For Lease
$500/Mo

202 E 5th Street, Fowler, IN 47944

Commercial Lease, Fowler, IN

Space SizeContact for details
Lot Size0.26 Acres
Days on Market123

Property Features for 202 E 5th Street

General Information

Property type Commercial Lease
Property subtype Other
Rooms Basement
Basement Unfinished
Subdivision Fowler
Directions SR-55 towards Fowler, turn East onto E 5th Street, property is located on the right side.
Standard status Active
Size 814 SF
Lot size 0.26 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description OP LOT 408 N 22X109 1/3 OP LOTS 409-410-411 22X132 EACH
Tax Annual Amount 5044
Legal Description OP LOT 408 N 22X109 1/3 OP LOTS 409-410-411 22X132 EACH

Utilities

Sewer type Public Sewer
Heating system Natural Gas, Forced Air
Water source Public

Building Details

Year built 1900
Listing Agency: RE/MAX Executives · RE/MAX International
Listed By: Anissa Gamino
Added: May 14 Changed: Aug 19 Last Checked: Sep 13 at 5:06AM
MLS# 838894

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 814-square-foot office unit at 202 E 5th Street provides a practical layout for daily business operations. The suite includes a front reception area, open workspace for multiple desks, a private conference room, and a dedicated restroom. Basement space is also included, while natural gas and forced-air heating serve the property.

The landlord covers property taxes and exterior maintenance. Reasonable interior modifications may be discussed. Public water and public sewer support the building, which was constructed in 1900 and is located in Fowler, Indiana.

Key Highlights

  • 814‑square‑foot office unit at 202 E 5th Street
  • Front reception area plus open workspace for multiple desks
  • Private conference room and dedicated restroom

Property Analytics

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Current Use

Office Units

Suggested Use

Top Pick Real Estate Agency Restaurant Big Box & Wholesale Store Dental Office Auto Parts Store Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$1.11 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

208
Businesses Nearby

Demographics for 47944, IN

3,561
Population
1,597
Households
2.2
Avg Household Size
42
Median Age
19%
College-Educated
89%
High-School Grad
188.9 sq mi
ZIP Area
19
Density / Sq Mi
$53,563
Median Household Income
$41,106
Median Earnings
$883
Median Rent
$129,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Fowler, IN

$6.76 /SF/Yr
Avg Asking Price
$6.13–$7.37 /SF/Yr
Price Range
892 SF
Avg Space Size

This space is priced 9% above the average of $6.76 /SF/Yr.

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Open-plan workspace includes a client reception area, conference room, and private restroom.
Where is this office units located?
The property is located at 202 E 5th Street Fowler, IN.
What is the lease rate?
The lease rate is $500/Mo.
What are key features of this property?
This property features: 814‑square‑foot office unit at 202 E 5th Street; Front reception area plus open workspace for multiple desks; Private conference room and dedicated restroom
More about this property
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