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Lake Station Redevelopment Opportunity

4301 Central Ave, Lake Station, IN 46405

For Sale
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Former gas station with convenience store and car wash.

Property Size9,000 SF
Days on Market245

Property Features for 4301 Central Ave

General Information

Standard status Active
Size 9,000 SF
Property subtype Retail
Zoning B-2

Building Details

Buildings 3
Listing Agency: Bradley Company Indianapolis
Listed By: Nathan Robinson · License IN RB23000344
Source: Crexi
Added: Mar 11 Changed: Oct 26 Last Checked: Nov 8 at 8:41AM

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 Bradley Company Indianapolis

Rey
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Investment Insights

Based on property information with market context.

This property presents a redevelopment opportunity on Central Ave in Lake Station, Indiana. Formerly a Speedway gas station, the fuel tanks have been removed by the owners, 7-Eleven / Speedway, who will place a deed restriction on the property at the time of sale, restricting the sale of fuel. The property includes a small convenience store with approximately 645 square feet and a detached car wash of approximately 1,320 square feet. The property size is 9,000 square feet. The location is near the Boys & Girls Clubs of Greater Northwest Indiana - Lake Station Club.

Key Highlights

  • Prime redevelopment opportunity.
  • High‑traffic location on Central Ave.
  • Former Speedway gas station site.

Property Analytics

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Current Use

Rich Oil Gas Station Speedway Grocery & Convenience Store Speedway Car Wash Car Wash Practical Environmental Consultation Environmental Consultant

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon Spa & Massage Center Nail Salon Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

210
Businesses Nearby
32k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 57% Dining 41% Electronics 2%
Speedway Shops & Services
17,944 visits/mo 0.5 miles
Dunkin' Donuts Dining
12,902 visits/mo 0.5 miles
Boost Mobile Electronics
658 visits/mo 0.2 miles

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Gas station - Former gas station with convenience store and car wash.
Where is this gas station located?
The property is located at 4301 Central Ave Lake Station, IN.
What are key features of this property?
This property features: Prime redevelopment opportunity.; High‑traffic location on Central Ave.; Former Speedway gas station site.
(248) 721-1409 Call to check price and availability
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