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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

0 1.3 Nothwest In Griffith, IN 46000

603 SF Built 1954
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1954
Total area 603 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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