Mixed-Use Property with Rail
301 Grant Avenue, Chesterton, IN 46304
For Sale
New
$424,900
Commercial Sale, Chesterton, IN
Property Size5,202 SF
Lot Size0.79 Acres
Price / SF$81.68
Days on Market1
Property Features for 301 Grant Avenue
General Information
Property type
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Zoning description
Rooms
Parking
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Elementary school district
Middle school district
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Size
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Legal Description
Utilities
Sewer type
Heating system
Water source
Amenities
outdoor decking
Building Details
Year built
Additional Structures
Listing Agency:
Listing Leaders
(219) 462-5478
Listed By:
Nikola Trajceski · License IN RB19001195
(219) 765-7595
Added: Nov 13
Last Checked: Nov 13 at 11:06PM
MLS# 848303
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.
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Investment Insights
Based on property information with market context.
Four former South Shore Line passenger cars serve as commercial units, joined by a central building. The property totals 5,202 square feet on a 0.79-acre parcel and includes outdoor decking. A roof replacement is described as four years old. The building was constructed in 1961.
Located in Chesterton’s Riverfront Development District, the site is near the town’s historic downtown. Qualifying restaurant operators may apply for a special riverfront liquor permit, subject to eligibility and approval.
Located in Chesterton’s Riverfront Development District, the site is near the town’s historic downtown. Qualifying restaurant operators may apply for a special riverfront liquor permit, subject to eligibility and approval.
Key Highlights
- Four former South Shore Line passenger cars configured as commercial units
- 5,202‑square‑foot property on 0.79 acres
- Central building connects the four rail cars
Property Analytics
Who owns this building?
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Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
712
Businesses Nearby
21k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 71%
Home Improvements & Furnishings 29%
Chase Bank
Shops & Services
6,882 visits/mo
0.1 miles
Hopkins' Ace Hardware
Home Improvements & Furnishings
5,502 visits/mo
0.3 miles
Citgo
Shops & Services
3,499 visits/mo
0.3 miles
Fifth Third Bank & ATM
Shops & Services
2,631 visits/mo
0.0 miles
Centier Bank
Shops & Services
1,806 visits/mo
0.1 miles
Demographics for 46304, IN
26,835
Population
11,521
Households
2.3
Avg Household Size
41
Median Age
35%
College-Educated
96%
High-School Grad
57.8 sq mi
ZIP Area
464
Density / Sq Mi
$88,551
Median Household Income
$52,704
Median Earnings
$1,169
Median Rent
$278,300
Median Home Value
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Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Four separate commercial units are linked by a central building, with outdoor decking also on site.
Where is this mixed-use property located?
The property is located at 301 Grant Avenue Chesterton, IN.
What is the asking price?
The asking price for this property is $424,900.
What are key features of this property?
This property features: Four former South Shore Line passenger cars configured as commercial units; 5,202‑square‑foot property on 0.79 acres; Central building connects the four rail cars
