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Retail Building
For Lease
$7,400/Mo NNN

2306 Calumet Avenue, Valparaiso, IN 46383

COMMERCIAL - Valparaiso, IN

Space Size2,400 SF
Lot Size0.45 Acres
Days on Market123

Property Features for 2306 Calumet Avenue

General Information

Property type Commercial Lease
Property subtype Retail
View City
Directions From Vale Park Rd and Calumet Ave round about, head south on Calumet Ave to Carrsbrooke Dr. Property is on the corner of Calumet Ave and Carrsbrooke Dr.
Standard status Active
APN 640913228008000004
Size 2,400 SF
Lot size 0.45 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description PARC IN S96.3 N1194.4 W173.12 E OF RD NE 13-35-6 .34A DR395 P24 TIF
Tax Annual Amount 7741
Legal Description PARC IN S96.3 N1194.4 W173.12 E OF RD NE 13-35-6 .34A DR395 P24 TIF

Utilities

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

Building Details

Year built 1978
Listing Agency: RE/MAX Lifestyles · RE/MAX International
Listed By: Matt Evans · License #RB14034485
Added: Apr 27 Changed: Aug 4 Last Checked: Aug 27 at 11:06AM
MLS# 837898

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.

Existing 2,400 SF retail building situated on two lots along the North Calumet commercial corridor in Valparaiso, IN. The property is offered as an NNN lease, and ownership prefers a minimum 5-year term. Heating is provided via forced air with natural gas, and the building is served by public water and public sewer.

The site is positioned for retail traffic, with more than 19 parking spaces and over 10,500 AADT (2025) noted along the corridor. The property is zoned Commercial General (CG), which supports retail, restaurant, office, medical, and a variety of other approved uses.

Surrounding retail includes national and regional brands such as Starbucks, Chipotle, Chase Bank, Goodyear, Family Express, 7Brew, Drive & Shine, and Strack & Van Til.

Key Highlights

  • 2,400 SF retail building on two lots along the North Calumet commercial corridor
  • Over 10,500 AADT (2025) and more than 19 parking spaces
  • Zoned Commercial General (CG) permitting retail, restaurant, office, and medical uses

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

10,500 VPD
Traffic count
Single-tenant
Tenancy
NNN (Triple Net)
Lease Type

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

Lease Benchmarks for Valparaiso, IN

$28.75 /SF/Yr
Avg Asking Price
$17–$37 /SF/Yr
Price Range
5,571 SF
Avg Space Size

This space is priced 29% above the average of $28.75 /SF/Yr.

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
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Frequently Asked Questions

What type of property is this?
Retail space - Single retail building on two lots with Commercial General (CG) zoning and public water and sewer.
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 $7,400/Mo.
What are key features of this property?
This property features: 2,400 SF retail building on two lots along the North Calumet commercial corridor; Over 10,500 AADT (2025) and more than 19 parking spaces; Zoned Commercial General (CG) permitting retail, restaurant, office, and medical uses
More about this property
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