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721 Porter Ave Chesterton, IN 46304

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For Sale
$4,900,000

50 Acres, Prime Location, High Traffic

Property Features for 721 Porter Ave

General Information

Property type
Land
Lot Size
2,206,314 SF

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Listing Contact
David Lasser
David Lasser

Listing Agent: David Lasser

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

This exceptional 50.65-acre commercial land parcel in Chesterton, Indiana, presents a remarkable investment opportunity. Strategically located along the east side of State Route 49, south of Indian Boundary Road, this property boasts high visibility and accessibility. The site benefits from B2/B3 zoning, allowing for a diverse range of development options, including hotels, restaurants, retail spaces, medical facilities, educational centers, office buildings, and potentially some light manufacturing. Its prime location within Chesterton's thriving commercial corridor, between I-94 and I-80/90, ensures exceptional exposure to a large customer base. The property enjoys convenient access to major transportation arteries, including SR 49, I-94, I-80/90 Indiana Toll Road, and the South Shore Railroad. Nearby amenities include established businesses such as Jewel/Osco, Pizza Hut, Wendy's, Speedway, and a future Aldi Grocery Store. Significant healthcare infrastructure is also in close proximity, including a Franciscan Emergency Center and Fitness Center. Further enhancing its appeal, the property is situated near Sand Creek Country Club, Indian Oak Shopping Center, Walgreens, and the new Porter Hospital. The property is currently farmed, with 2023-2024 taxes assessed at $1,934.36 (farming rate). A 12" water line is conveniently located on the north side of Porter Avenue and under the railroad tracks. The property is being sold "as is." This is an ideal opportunity for developers seeking a high-impact location with significant growth potential in a rapidly expanding area. The property's location within Porter County, a region attracting over 6 million visitors annually, including those visiting the Indiana Dunes National Park, further underscores its investment value.
Property Profile Location Intelligence

Current Use by Public Records

Commercial real estate

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Chesterton
County
Porter
State
Indiana
Longitude
-87.041507484853
Latitude
41.608329707144

FAQs

What type of property is this?
Land - 50 Acres, Prime Location, High Traffic
Where is this land located?
The property is located at 721 Porter Ave Chesterton, IN.
What is the asking price?
The asking price for this property is $4,900,000.
What are key features of this property?
This property features: 50.65-acre commercial land parcel in Chesterton, IN, with high visibility on SR 49.; B2/B3 zoning allows diverse development (hotels, restaurants, retail, medical, education, office, light manufacturing).; Prime location between I-94 and I-80/90, near SR 49, Indiana Toll Road, and South Shore Railroad.
More about this property
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