381 Indian Boundary Rd Chesterton, IN 46304-1510
- Turn key restaurants
- 2,665 SF
- 0.66 lot acres
Jan 11, 2022
Current Use by Public Records
- Turn key restaurants
Property Details for 381 Indian Boundary Rd
- Year built
- 1989
- Lot size
- 0.66 lot acres
- Property size
- 2,665 SF
- Property type
- Turn key restaurants
- APN
- 64-04-31-151-003.000-023
- APU
- 640431151003000023
Description
This exceptional 2,584 square foot freestanding retail building in Chesterton, Indiana, presents a rare investment opportunity. Located at 381 Indian Boundary Rd, 46304, this single-tenant property sits on a 0.66-acre lot and boasts 28 parking spaces. Currently vacant, this building offers a unique advantage: it includes a drive-thru, a feature highly sought after in this market, and represents the first drive-thru vacancy in over seven years. The high barrier to entry in this dynamic trade area, combined with the building's full access and high visibility from Indian Boundary Road, makes this a truly exceptional offering. The property benefits from its location in a high-traffic area surrounded by national retailers and restaurants. Furthermore, its proximity to I-94, with daily traffic counts exceeding 55,000 vehicles, and the availability of INDOT signage, ensures maximum exposure and accessibility. This is an unparalleled chance to secure a prime retail location in a thriving market. The property is zoned for restaurant use.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Chesterton
- County
- Porter
- State
- Indiana
- Longitude
- -87.0459
- Latitude
- 41.6172
- CBSA code
- 16980
- CBSA name
- CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
