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Lake Station Redevelopment Opportunity
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4301 Central Ave, Lake Station, IN 46405

Former gas station with convenience store and car wash.

Property Size9,000 SF
Days on Market154

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: Aug 9 Last Checked: Aug 10 at 1:34PM

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

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

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

271
Businesses Nearby
36k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 60% Shops & Services 39% Electronics 1%
Wendy's Dining
15,058 visits/mo 0.4 miles
Family Dollar Shops & Services
7,107 visits/mo 0.1 miles
Dollar General Shops & Services
6,909 visits/mo 0.1 miles
Long John Silver's Dining
3,645 visits/mo 0.4 miles
Papa John's Pizza Dining
2,593 visits/mo 0.3 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

Market

Vacancy Rate% for Retail in Midwest region

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