Commercial
New
For Sale
$2,000,000
5016 Us Highway 20, Portage, IN 46368
A signalized approach and regional-road connections serve this nearly two-acre commercial parcel.
Property Size408 SF
Price / SF$4,901
Days on Market5
Property Features for 5016 Us Highway 20
General Information
Standard status
Active
Size
408 SF
Taxes and HOA fees
Annual Taxes
$2,582
Listing Agency:
Listing Leaders Stately, LLC
Listed By:
Tiffany Wallen
(219) 241-6087
Source:
Exprealty
Added: Oct 1
Changed: Oct 3
Last Checked: Oct 4 at 6:06PM
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 Listing Leaders Stately, LLC
Investment Insights
Based on property information with market context.
This commercial parcel in Portage encompasses nearly 2 acres along Melton Road, also identified as US-20. The site sustained storm damage; some photographs depict its pre-storm condition. Depot Dog operated here for 37 years, giving the property a long-standing restaurant history.
Reported daily traffic passing the site ranges from 10,500 to 13,500 vehicles. A nearby traffic signal provides access, while I-94 and the Indiana Toll Road are described as minutes away. The site is positioned near Lake Michigan, area beaches, industrial properties, and residential communities. Any future development or use is subject to applicable zoning and approvals.
Reported daily traffic passing the site ranges from 10,500 to 13,500 vehicles. A nearby traffic signal provides access, while I-94 and the Indiana Toll Road are described as minutes away. The site is positioned near Lake Michigan, area beaches, industrial properties, and residential communities. Any future development or use is subject to applicable zoning and approvals.
Key Highlights
- Nearly 2 acres along Melton Road/US‑20 in Portage
- 10,500‑13,500 vehicles pass the site daily
- Traffic signal near the property
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
70
Businesses Nearby
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Business Placement
Demographics for 46368, IN
39,837
Population
16,870
Households
2.4
Avg Household Size
39
Median Age
18%
College-Educated
90%
High-School Grad
25.3 sq mi
ZIP Area
1,575
Density / Sq Mi
$72,638
Median Household Income
$42,508
Median Earnings
$1,140
Median Rent
$213,500
Median Home Value
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Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Commercial land - A signalized approach and regional-road connections serve this nearly two-acre commercial parcel.
Where is this commercial land located?
The property is located at 5016 Us Highway 20 Portage, IN.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: Nearly 2 acres along Melton Road/US‑20 in Portage; 10,500‑13,500 vehicles pass the site daily; Traffic signal near the property
