0 1.3 Nothwest In Griffith, IN 46000
This exceptional investment opportunity presents a vacant gas station and convenience store located in Griffith, Indiana, within Lake County. The property boasts a prime location on a busy city street, ensuring high visibility and potential for substantial returns. The single-story building, constructed in 1954, offers 603 square feet of retail space, complemented by a generous 41,338 square foot lot. The property features fiberglass fuel tanks, ready for immediate activation. The asking price is $1,300,000, translating to $2,155.89 per square foot. This represents a unique chance to acquire a well-situated, established business ready for a new operator. The property is available immediately, presenting a swift path to profitability. The single-unit building is ideal for a variety of retail uses, offering significant potential for growth and expansion. This is a turnkey opportunity for an investor seeking a high-return, established business in a desirable location. Serious inquiries only.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.