Retail Showroom
For Sale
Contact for pricing
830 E 1050 N, Chesterton, IN 46304
For-sale showroom space with large retail floor and POA-managed exterior maintenance.
Property Size1,400 SF
Price / SF$177.86
Days on Market518
Property Features for 830 E 1050 N
General Information
Standard status
Active
Size
1,400 SF
Property subtype
RETAIL
Additional Details
Traffic Count
3,532 vehicles/day
Listing Agency:
Streetfront Real Estate
(219) 510-3720
Listed By:
Ryan Peters · License #RB14047099
Source:
Moodyscre
Added: May 29, 2025
Changed: Oct 26
Last Checked: Oct 26 at 6:40PM
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 Streetfront Real Estate
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This for-sale retail showroom offers a large retail floor/showroom layout suitable for merchandising and customer-facing use. POA manages all exterior maintenance, helping streamline responsibilities for the exterior of the property.
The property is positioned about half a mile from Route 49. Daily traffic is reported at 3,532 vehicles, and the average household income within one mile is listed at $163,565.
At approximately 1,400 square feet, this is a compact format that may be well-suited for operators seeking a defined showroom footprint within an established retail environment.
The property is positioned about half a mile from Route 49. Daily traffic is reported at 3,532 vehicles, and the average household income within one mile is listed at $163,565.
At approximately 1,400 square feet, this is a compact format that may be well-suited for operators seeking a defined showroom footprint within an established retail environment.
Key Highlights
- Large retail floor/showroom space
- POA manages all exterior maintenance
- About half mile from Route 49
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,716
Cap Rate
7.92%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$394,320
$394.3K
Cap Rate 7%
$281,657
$281.7K
Cap Rate 9%
$219,067
$219.1K
Market Conditions
NOI Build-Up for 1,400 SF
Gross rent
$29.4K $21.00/SF
− Vacancy
−$1.2K −$0.88/SF
EGI
$28.2K $20.12/SF
− OpEx
−$8.4K −$6.04/SF
NOI
$19.7K $14.08/SF
Area
Porter County, IN
Vacancy
4.20%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$394,320
Cap Rate 7%
$281,657
Cap Rate 9%
$219,067
Alternative Uses
Best Use
Retail
$281.7K
$246.5K – $328.6K
NOI $19,716 @ 7.0% cap · market cap 7.92%
Second Best
—
—
no second resolved use
Theoretical Best
Healthcare Medical
$530.6K
$464.3K – $619.1K
NOI $37,143 @ 7.0% cap · market cap 14.92%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
3,532 VPD
Traffic count
Location Intelligence
Trade Area within ½ mile
4
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 46304, IN
26,835
Population
11,521
Households
2.3
Avg Household Size
41
Median Age
35%
College-Educated
96%
High-School Grad
57.8 sq mi
ZIP Area
464
Density / Sq Mi
$88,551
Median Household Income
$52,704
Median Earnings
$1,169
Median Rent
$278,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Showroom - For-sale showroom space with large retail floor and POA-managed exterior maintenance.
Where is this showroom located?
The property is located at 830 E 1050 N Chesterton, IN.
What is the asking price?
The asking price for this property is $249,000.
What are key features of this property?
This property features: Large retail floor/showroom space; POA manages all exterior maintenance; About half mile from Route 49
