Property summary
This 1,840 square foot mixed-use building in downtown La Porte, Indiana, presents a unique investment opportunity. Located at 713 Monroe St., this single-story, 1950-built property sits on a 1,933 square foot lot and offers a versatile layout ideal for a restaurant. Recently renovated (approximately five years ago), the space features a large front room perfect for customer seating and a rear room designed for a kitchen, reflecting a previous pizza restaurant build-out. Its prime location in the heart of downtown La Porte places it directly adjacent to the downtown plaza, the central hub for numerous community events including the weekly Farmers Market, Friday Night Lights, food truck events, and cruise-ins. The property also benefits from its proximity to a splash pad park, complete with permanent outdoor seating benches. The building's location enhances its appeal, situated next to a building with a historical mural, offering potential for a complementary mural on its north side. This property benefits from the ongoing revitalization efforts of the City of La Porte and the LaPorte Economic Advancement Partnership, focused on enhancing downtown aesthetics and attracting businesses. The asking price is $250,000. This is a rare chance to own a thriving commercial property in a supportive and growing community.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 30 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 300 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
and get 1 Light Report
- Property Information
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Potential
- Location Insight
- Alternative use
- Local Zoning Insight