3115 Central Ave Lake Station, IN 46405-2209
This exceptional retail property, located at 3115 Central Avenue in Lake Station, Indiana, presents a unique investment opportunity. The building, classified as a bank, boasts a substantial 3,383 square feet of space situated on a generous 0.87-acre lot. Its convenient location in Lake County, zip code 46405, offers excellent visibility and accessibility. The property's PIN number is 45-09-17-277-004.000-021. The asking price is $275,000. The 2023 property taxes, payable in 2024, amounted to $7,619.32. This presents a strong potential for return on investment. The property's size and location make it suitable for a variety of commercial uses, particularly given its previous use as a bank. The building's layout and features would need to be assessed by a potential buyer to determine its suitability for their specific needs. This property is being offered as-is. Serious inquiries are encouraged to explore this promising commercial real estate venture. Further details regarding the property's condition and potential uses are available upon request. The geographic coordinates are 41.573533 latitude and -87.2455091 longitude.
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Chase Mortgage Loan Service Bank
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Chase ATM Atm
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property 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.