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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

1300 Us-20 Chesterton, IN 46304

2,046 SF 0.71 ac lot Built 1967
Property ID
Property summary
AI-generated overview

This exceptional retail property, located at 1300 W US-20 in Chesterton, Indiana (zip code 46304), presents a unique investment opportunity. The 2,046 square foot building, constructed in 1967, sits on a 0.712-acre lot and is zoned for commercial use (B3). Currently operating as a successful convenience store and restaurant for over 50 years, this two-story building offers significant potential for continued success or redevelopment. The asking price is $229,000, translating to $111.93 per square foot. The property features ample private parking, a significant advantage for any business. The building is being sold "as is," providing flexibility for the buyer to customize and renovate to their specific needs. Its prime location near Highways 80/94 on W US Highway 20 ensures high visibility and accessibility. This is a rare chance to acquire a well-established business in a thriving Indiana community. The property includes one unit and is privately owned. Serious inquiries only.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1967
Total area 2,046 SF
Lot 0.71 ac (31,015 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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