School Property with
For Sale
$995,000
2460 Vermillion Street, Lake Station, IN 46405
COMMERCIAL - Lake Station, IN
Property Size37,624 SF
Lot Size4.44 Acres
Price / SF$26.45
Days on Market171
Property Features for 2460 Vermillion Street
General Information
Property type
Commercial Sale
Property subtype
Other
Parking
50
Directions
Central Ave. to Vermillion, south to property.
Standard status
Active
APN
450916256017000021
Size
37,624 SF
Lot size
4.44 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
E. GARY REAL ESTATE CO'S 2ND ADD. ALL L.7 BL.2
Legal Description
E. GARY REAL ESTATE CO'S 2ND ADD. ALL L.7 BL.2
Utilities
Sewer type
Public Sewer
Heating system
Forced Air
Water source
Public
Building Details
Year built
1953
Listing Agency:
McColly Real Estate
(219) 962-7538
Listed By:
Frank Ennis · License #RB14022177
(219) 730-6680
Added: Mar 2
Changed: Aug 19
Last Checked: Aug 20 at 1:06PM
MLS# 834757
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 Lake Station property includes a 37,624-square-foot, one-story building constructed in 1953, along with a 6,960-square-foot outbuilding. The facility was formerly Polk Elementary School and is currently occupied by the Boys and Girls Club. Forced-air heating serves the main building.
Located at 2460 Vermillion Street in Lake Station, Indiana, the property has public water and public sewer service. Its existing institutional layout and substantial secondary building support continued community-serving use, subject to applicable requirements.
Located at 2460 Vermillion Street in Lake Station, Indiana, the property has public water and public sewer service. Its existing institutional layout and substantial secondary building support continued community-serving use, subject to applicable requirements.
Key Highlights
- 37,624‑square‑foot, one‑story main building
- 6,960‑square‑foot outbuilding
- Former Polk Elementary School facility
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
215
Businesses Nearby
Explore this area
Business Placement
Demographics for 46405, IN
11,860
Population
4,566
Households
2.6
Avg Household Size
37
Median Age
10%
College-Educated
80%
High-School Grad
9.0 sq mi
ZIP Area
1,318
Density / Sq Mi
$57,005
Median Household Income
$34,058
Median Earnings
$1,136
Median Rent
$123,600
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
School - Single-story school facility with a separate outbuilding and public utilities.
Where is this school located?
The property is located at 2460 Vermillion Street Lake Station, IN.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: 37,624‑square‑foot, one‑story main building; 6,960‑square‑foot outbuilding; Former Polk Elementary School facility
