721 E Porter Ave Chesterton, IN
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50.65 acres suitable for various commercial developments.
Type:LAND
Lot size:
50.65 Acres- Added:
- Aug 11, 2021
- Days on Market:
- 1720
- Last Refresh:
- Apr 5 at 8:47 pm
Property Features for 721 E Porter Ave
General Information
- Standard status
- Active
- Lot size
- 50.65 Acres
- Property subtype
- LAND
Listing agent David A Lasser (219) 795-1100
Listing office Commercial In-Sites, LLC (219) 795-1100
Listing date Aug 11, 2021
Source Moodyscre
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 Commercial In-Sites, LLC
Overview
Prime Commercial Land Opportunity
This 50.65-acre commercial land is located on the east side of State Route 49, south of Indian Boundary Road, between the New York Central Railroad tracks to the north and Porter Avenue to the south. Zoned B2 Business, with 2.4 acres zoned B3, the property is situated in a TIFF District, offering an excellent investment opportunity for appreciation or development. Potential uses include hotels, restaurants, retail, medical facilities, education centers, and office buildings, with possible light manufacturing. A 12" water line is located on the north side of Porter Avenue and under the railroad tracks. The property is being sold AS IS and is currently being farmed. Located in Chesterton's active, high-traffic commercial development zone along the State Road 49 corridor between I-94 and I-80/90, the site offers access to SR 49, I-94, I-80/90 Indiana Toll Road, and the South Shore Railroad. Nearby are Jewel/Osco, Pizza Hut, Wendy's, Speedway, and a future Aldi Grocery Store planned for Spring 2021. The site is located near Franciscan Emergency Center, Franciscan Health Fitness Center, Sand Creek Country Club, Indian Oak Shopping Center and Walgreen's. The Porter Hospital is located only 3 miles south. Urschel Laboratories has moved its corporate headquarters to Chesterton. The location is just east of the Coffee Creek Preserve/Park.
Location Intelligence
Current Use by Public Records
Commercial land
Location Insight
- Map
- Local Demand
- City
- Chesterton
- County
- Porter
- State
- Indiana
- Longitude
- -87.0617
- Latitude
- 41.6064
Nearby Similar for Sale
FAQs
What type of property is this?
Commercial land - 50.65 acres suitable for various commercial developments.
Where is this commercial land located?
The property is located at 721 E Porter Ave Chesterton, IN.
What is the asking price?
The asking price for this property is $3,888,000.
What are key features of this property?
This property features: Prime location on State Road 49, a high‑traffic commercial zone.; Excellent investment for appreciation or development: hotels, restaurants, retail, and more.; Located within a TIFF District with B2/B3 Business zoning.
