330 Indian Boundary RdChesterton, IN 46304

Property Details for 330 Indian Boundary Rd

Lot size

56.12 AC

Property type

Other commercial real estate

Property subtype

Other land

Description

This exceptional 56.12-acre property in Chesterton, Indiana, presents a unique mixed-use development opportunity. The land is comprised of two parcels: a 14-acre Business 3 zoned section and a 20-acre Residential 3 zoned section. The Business 3 zoning offers significant potential for commercial ventures, enhanced by its stunning location on 22.12 acres of Chubb Lake, providing picturesque waterfront views and possibilities for lake-related businesses. The adjacent 20-acre Residential 3 zoned parcel allows for residential development, creating a natural buffer and balance between commercial and residential uses. This strategic zoning combination allows for flexibility in developing a mixed-use project. The property boasts convenient access to major transportation routes, being located just half a mile from the Indian Boundary and State Road 49 exit. Its proximity to numerous amenities, including the Allure Banquet, Allure Lakeside Inn, and Best Western Indian Oak Hotel, provides added value and convenience. Furthermore, the property's location near the north side of Chubb Lake places it within easy reach of several national retailers such as Walgreens, McDonald's, Jimmy John's, Dairy Queen, Domino's Pizza, Taco Bell, and Dollar Tree, further solidifying its prime business development potential. The Indiana Dunes National Park is only three miles away. The 2024 property taxes are $2,603. The property is approximately 1.5 miles from Interstate 94. This is a rare opportunity to acquire a substantial parcel of land with diverse zoning and exceptional location. Asking price is $1,275,000.

Location Insight

City

Chesterton

County

Porter

State

Indiana

Latitude

41.6142

Longitude

-87.0477

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