Retail Space with Approved
For Lease
$7,400/Mo NNN
2306 Calumet Avenue, Valparaiso, IN 46383
Commercial Lease, Valparaiso, IN
Space Size2,400 SF
Lot Size0.45 Acres
Days on Market170
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
Natural Gas, Forced Air
Water source
Public
Building Details
Year built
1978
Listing Agency:
RE/MAX Lifestyles · RE/MAX International
(219) 462-2121
Listed By:
Matt Evans · License #RB14034485
(219) 241-8401
Added: Apr 27
Changed: Sep 12
Last Checked: Oct 13 at 6:06AM
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.
This 2,400-square-foot retail building occupies two lots and offers an existing commercial layout for rebranding or conversion. The property was built in 1978 and includes forced-air heating, natural gas service, public water, and public sewer. Commercial General (CG) zoning allows retail, restaurant, office, medical, and other approved uses. The lease structure is NNN, with ownership preferring a minimum five-year term.
Located at 2306 Calumet Avenue in Valparaiso, the property sits along the North Calumet commercial corridor with reported 2025 traffic of more than 10,500 AADT. The site includes more than 19 parking spaces and is surrounded by retailers and service businesses including Starbucks, Chipotle, Chase Bank, Goodyear, Family Express, 7Brew, Drive & Shine, and Strack & Van Til.
Located at 2306 Calumet Avenue in Valparaiso, the property sits along the North Calumet commercial corridor with reported 2025 traffic of more than 10,500 AADT. The site includes more than 19 parking spaces and is surrounded by retailers and service businesses including Starbucks, Chipotle, Chase Bank, Goodyear, Family Express, 7Brew, Drive & Shine, and Strack & Van Til.
Key Highlights
- 2,400 SF retail building on two lots
- 0.45‑acre site at 2306 Calumet Avenue, Valparaiso, IN 46383
- Commercial General (CG) zoning permits retail, restaurant, office, medical, and other approved uses
Property Analytics
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Current Use
Lease Details
10,500 VPD
Traffic count
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
1,178
Businesses Nearby
Explore this area
Business Placement
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
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Market
Lease Benchmarks for Valparaiso, IN
$24.57 /SF/Yr
Avg Asking Price
$17–$37 /SF/Yr
Price Range
4,948 SF
Avg Space Size
This space is priced 51% above the average of $24.57 /SF/Yr.
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Retail space - Existing commercial space supports retail, restaurant, office, and medical uses under Commercial General zoning.
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; 0.45‑acre site at 2306 Calumet Avenue, Valparaiso, IN 46383; Commercial General (CG) zoning permits retail, restaurant, office, medical, and other approved uses
