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Valparaiso Retail Building Opportunity
For Lease
$37 SF/Yr NNN

2306 Calumet Avenue, Valparaiso, IN 46383

Retail building on North Calumet commercial corridor available for sale.

Space SizeContact for details
Property Size2,400 SF
Days on Market98

Property Features for 2306 Calumet Avenue

General Information

Standard status Active
Size 2,400 SF
Property subtype Shopping Center / Retail
Lease Type NNN
Lease Term 5+

Building Details

Building Size 2,400 SF
Listing Agency: RE/MAX
Listed By: Matt Evans · License #RB14034485
Source: Remaxcommercial
Added: May 19 Changed: Aug 23 Last Checked: Aug 23 at 2:43AM

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 RE/MAX

Investment Insights

Based on property information with market context.

This retail building presents an opportunity for repurposing and rebranding. Situated on two lots along the North Calumet commercial corridor in Valparaiso, Indiana, the property is zoned Commercial General (CG), accommodating retail, restaurant, office, and medical uses. The building features 2,400 square feet of space and includes over 19 parking spaces. The location benefits from a high traffic volume, with over 10,500 vehicles per day projected for 2025. The property is surrounded by established businesses such as Starbucks, Chipotle, Chase Bank, Goodyear, Family Express, 7Brew, Drive & Shine, and Strack & Van Til.

Key Highlights

  • High traffic location: Over 10,500 AADT (2025).
  • Zoned Commercial General (CG) allowing for retail, restaurant, office, medical, and more.
  • 2,400 SF building on two lots.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Auto Repair Shop Restaurant Law Firm Auto Parts Store

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
$5.55 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,178
Businesses Nearby

Demographics for 46383, IN

41,981
Population
18,343
Households
2.3
Avg Household Size
39
Median Age
38%
College-Educated
95%
High-School Grad
87.5 sq mi
ZIP Area
480
Density / Sq Mi
$75,575
Median Household Income
$43,065
Median Earnings
$1,144
Median Rent
$258,400
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Retail space - Retail building on North Calumet commercial corridor available for sale.
Where is this retail space located?
The property is located at 2306 Calumet Avenue Valparaiso, IN.
What is the lease rate?
The lease rate is $37 SF/Yr.
What are key features of this property?
This property features: High traffic location: Over 10,500 AADT (2025).; Zoned Commercial General (CG) allowing for retail, restaurant, office, medical, and more.; 2,400 SF building on two lots.
More about this property
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