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323 Central Avenue

Lake Station, IN 46405
  • $590,000
  • STATUS: Active
  • MLS #: 12775308
New
UPDATED: 9 min ago
$590,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Business Opportunity
County:

School Ratings & Info

Description

Unlock the potential of this expansive 24,000+ square foot commercial building, formerly a successful neighborhood grocery store. The interior has been completely cleared, providing a blank canvas for investors, developers, or owner-users to bring their vision to life. The building features impressive ceiling heights of approximately 17'6" to the bottom of the roof deck and 15'10" to the bottom of the bar joists, offering flexibility for a wide range of commercial and industrial uses. A solid concrete floor remains intact, making the space ideal for warehouse, manufacturing, retail, or mixed-use redevelopment. Professionally prepared redevelopment plans for a grocery store are available and may be provided to qualified buyers.

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© 2026 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Captivate Real Estate Group | eXp Realty LLC.

Based on information submitted to the MLS GRID as of 2026-10-06T21:07:43.567 UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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323 Central Avenue Lake Station, IN 46405

  • Price: $590,000
  • Status: Active
  • On Site: Days
  • Updated: 9 min ago
  • MLS #: 12775308
0
Beds
0
Baths
0
½ Baths
N/A
Acres
Neighborhood:
Indiana - Lake County Balance
County:
Lake
Area:
Indiana - Lake County Balance
Property Description
Unlock the potential of this expansive 24,000+ square foot commercial building, formerly a successful neighborhood grocery store. The interior has been completely cleared, providing a blank canvas for investors, developers, or owner-users to bring their vision to life. The building features impressive ceiling heights of approximately 17'6" to the bottom of the roof deck and 15'10" to the bottom of the bar joists, offering flexibility for a wide range of commercial and industrial uses. A solid concrete floor remains intact, making the space ideal for warehouse, manufacturing, retail, or mixed-use redevelopment. Professionally prepared redevelopment plans for a grocery store are available and may be provided to qualified buyers.
Exterior Features

Lot Size .25-.49 Acre Roof Rubber

Interior Features

Cooling None Heat Ventilation None

Property Features

Additional Parcels YN No Adjusted Net Income 0 Adjusted Net Income Year 2026 Annual Rent For Real Estate 0 Building Area Total 24629 Business Age Less than 1 Year Business Type Grocery Electric Service - 101 to 200 Amps Gross Profit Year 2026 Gross Sales Annual 0 Gross Sales Annual Year 2026 Mls Actual Status New Operating Expense 0 Property Offered For Sale or Rent Real Estate Included Yes Rental Price 4.87 Sale Price Includes BuildingBusiness Tax Annual Amount 4361 Tax Year 2024 Tenant Pays All Utilities Type Bus / Bus w/Real Est Type Of Lease None Zoning RTAIL

Listing courtesy of © 2026 Midwest Real Estate Data LLC as distributed by MLS GRID.
Listing provided courtesy of Key Collective: 630-699-2111.



© 2026 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Captivate Real Estate Group | eXp Realty LLC.

Based on information submitted to the MLS GRID as of 2026-10-06T21:07:43.567 UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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939 W North Ave Suite 750
Chicago IL, 60642