Retail Showroom
830 E 1050 N Chesterton, IN 46304
For Sale
Contact for pricing
For-sale showroom space with large retail floor and POA-managed exterior maintenance.
Property Size1,400 SF
Price / SF$177.86
Days on Market427
Property Features for 830 E 1050 N
General Information
Standard status
Active
Size
1,400 SF
Property subtype
RETAIL
Listing Agency:
Streetfront Real Estate
(219) 510-3720
Listed By:
Ryan Peters · License #RB14047099
Source:
Moodyscre
Added: May 29, 2025
Changed: Jul 27
Last Checked: Jul 28 at 2:14PM
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
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 For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $29.4k | $21.00 |
| − Vacancy | −$1.2k | −$0.88 |
| EGI | $28.2k | $20.12 |
| − OpEx | −$8.4k | −$6.04 |
| NOI | $19.7k | $14.08 |
1,400 SF · lease $21.00/SF/yr · vacancy 4.20% · expense 30.00%
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.
Property Analytics
Location Intelligence
Current Use
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
