721 E Porter Ave, Chesterton, IN

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.