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Property profile & analytics
OFF-MARKET
Retail space

108-110 Lincoln St Porter, IN 46304

2,388 SF 0.13 ac lot Built 1946
Individually Owned Absentee Owner Free & Clear
Property ID
US31-0733341
Property summary
AI-generated overview

This exceptional retail property, located at 108-110 Lincoln Street in the heart of Porter, Indiana, presents a unique investment opportunity. Situated on a 0.13-acre lot, the property boasts two distinct storefronts. Currently, one unit is leased month-to-month to a record store generating $700 in monthly rent. The adjacent storefront, previously a barber shop, is vacant and ready for a new tenant. Adding to the property's appeal is a three-bedroom, one-bathroom apartment situated at the rear. This apartment includes a basement and a screened-in porch, offering versatile options for owner-occupancy or rental income generation, whether short-term or long-term. The property is being sold "as-is," and buyers are responsible for verifying all information. The property's prime location on the main strip of downtown Porter provides excellent visibility and access to a thriving community. Just minutes from the Indiana Dunes National Park, an hour from Chicago, and 45 minutes from New Buffalo, this location benefits from significant tourism and local traffic. Nearby amenities include the Duneland Chamber of Commerce, local breweries, wineries, and restaurants. The property's 2023 annual property tax was $2,273.76. This is a remarkable chance to acquire a profitable retail property in a desirable location with strong income potential and the added benefit of an attached apartment. Don't miss this opportunity to own a piece of Porter's vibrant downtown. The land use code designates the property for retail stores, including personal services, photography, and travel-related businesses.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1946
Construction WOOD
Total area 2,388 SF
Lot 0.13 ac (5,532 SF)
APN 64-03-35-264-011.000-026
UPID US31-0733341
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
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
THOMAS O LINDQUIST · 1 yrs held
THOMAS O LINDQUIST
since 2025
Last sale
$163,000
1 recorded transaction
2025
$163,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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