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    2800 Central Ave Lake Station, IN 46405

    For Sale
    $44,990

    Prime C-3 zoned lot, ideal QSR location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This 0.2-acre commercial land parcel is situated on heavily traveled Central Avenue in Lake Station, Indiana, zip code 46405. The property's C-3 zoning allows for a variety of commercial uses. Its rectangular shape and high-visibility location on a state highway offer excellent accessibility for attracting customers. High foot and vehicle traffic ensures significant potential for a steady customer flow. The site is well-suited for a quick-service restaurant or other businesses requiring a smaller footprint. Lake Station is a growing community with a diverse mix of residential, commercial, and light industrial activity, creating a strong local economy and supporting a vibrant community. The city's proximity to Lake Michigan adds to its appeal. This property presents a strategic investment opportunity for businesses seeking high visibility and convenient access in a thriving community. The asking price is $44,990. The property is located in Lake County, Indiana, at 2800 Central Ave, with coordinates 41.573491 latitude and -87.248591 longitude.

    Property Features for 2800 Central Ave

    General Information

    Property type
    Land
    Lot Size
    8,712 SF

    HighLights

    • High‑traffic state highway frontage.
    • Excellent visibility and accessibility.
    • Development potential.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Antonio Montana Beats Music Producer

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Lake Station
    County
    Lake
    State
    Indiana
    Longitude
    -87.248591
    Latitude
    41.573491

    Nearby Comparable

    • $723,172
      10,920 SF

      Lake Station Retail Opportunity

      Retail property for sale in Lake Station, Indiana.
      2626 Central Ave, Lake Station, IN 46405
      View Details
    • $34,900

      Land Parcel on State Highway

      Small land parcel suitable for QSR or similar business.
      2800 Central Ave, Lake Station, IN 46405
      View Details
    • $550,000
      3,250 SF

      Turnkey Restaurant with Liquor License

      Fully equipped, remodeled restaurant with 3-way liquor license for sale.
      3634 Central Ave, Lake Station, IN 46405
      View Details
    • New
      $299,000
      4,000 SF

      Commercial Brick Building For Sale

      4,000 sq ft commercial building suitable for retail/office.
      4725 Central Ave, Lake Station, IN 46405
      View Details

    Nearby Similar for Sale

    • $550,000
      3,250 SF

      Turnkey Restaurant with Liquor License

      Fully equipped, remodeled restaurant with 3-way liquor license for sale.
      3634 Central Ave, Lake Station, IN 46405
      View Details
    • New
      $299,000
      4,000 SF

      Commercial Brick Building For Sale

      4,000 sq ft commercial building suitable for retail/office.
      4725 Central Ave, Lake Station, IN 46405
      View Details
    • $200,000
      3,894 SF

      Turnkey Pub and Grub Business

      Turnkey pub and grub with licenses and apartment for sale.
      2808 Dekalb St, Lake Station, IN 46405
      View Details
    • $723,172
      10,920 SF

      Lake Station Retail Opportunity

      Retail property for sale in Lake Station, Indiana.
      2626 Central Ave, Lake Station, IN 46405
      View Details

    FAQs

    What type of property is this?
    Land - Prime C-3 zoned lot, ideal QSR location.
    Where is this land located?
    The property is located at 2800 Central Ave Lake Station, IN.
    What is the asking price?
    The asking price for this property is $44,990.
    What are key features of this property?
    This property features: High-traffic state highway frontage.; Excellent visibility and accessibility.; Development potential.
    (574) 485-1537
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    2800 Central Ave Lake Station, IN 46405
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2800 Central Ave Lake Station, IN 46405
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