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1515 Central Avenue, Lake Station, IN 46405


  • For Sale
  • Active
  • Commercial
  • 1,205 Sq. Ft.
  • 4 Parking Spaces
1515 Central Avenue, Lake Station, IN 46405View this property at 1515 Central Avenue, Lake Station, IN 46405
1515 Central AvenueLake StationIN46405
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Property Description
Great investment opportunity. 1,205 sq.ft. Commercial building with 3 bedroom apartment upstairs. Perfect situation for the self-employed business owner. Both units have 100amp service. 80% high efficiency Payne furnaces installed November 2015. Double Laundry tub. 2 service doors in basement area in back. Enclosed porch. Lighted sign in front of store. New storm door and new steel entry door. Apartment is freshly painted and both stairwells. Range and refrigerator included. 2 new roof vents on building in 2009. Store front (lower unit) is currently occupied by Boost Mobile for $775/month five year lease and the upstairs apartment is occupied by tenant for $800/month. Upper unit 1515 Central Avenue apartment lease started
July 18th,2017 until 07/18/18.

Full Property Details for 1515 Central Ave


  • Price: $100,000
  • Taxes: $2,262
  • Status: Active
  • Type: Commercial
  • MLS ID: 249645
  • Updated: 10/18/2017
  • Added: 3, 286 day(s) ago


  • Misc. Information: LAG Must Accompany


  • Interior Features: Private Restrooms, Public Restrooms
  • Flooring: Concrete, Carpet

Additional Information

  • Business Amenities: Exterior Lighting
  • Security/Safety: Alarm on Site


  • Exterior Features: Other


  • Total Spaces: 4
  • Parking Features: Public Parking
  • Parking: Public Parking


  • Area: 151-Lk Stn/NCgo/Lvpl
  • County: Lake
  • Subdivision: 2nd Subdivision E. Gary
  • Building Name: 25'11"x48'
  • Cross Streets: Henry
  • Driving Directions: Take Central Avenue West to Property, corner of Hemry and Central.

Heating & Cooling

  • Cooling Type: Central Air Conditioning
  • Heating Type: Forced Air, Gas Heat


  • Utility Description: Cable Internet, Electricity on Site, Gas on Site, Sanitary Sewer Nearby, Storm Sewer Available, Municipal Water, Water on Site

Structural Information

  • Construction: Block
  • Exterior Const.: Block, Vinyl
  • Basement Desc.: Concrete
  • Foundation: Concrete
  • Roof: Membrane, Flat
  • Ceiling Type: Sheet Rock
  • Ceiling Height: 8'
  • Overhead Doors: 2
  • Loading: None
  • Stories/Levels: 2
  • Stories in Building: 2
  • Square Feet: 1,205
  • Bldg. Dimensions: 25'11"x48'
  • Current Bldg. Use: Convenience Store, Multi-Family, Retail (Mixed Use)
  • Year Built: 1955

Lot Features

  • Lot Size (Acres): 0.11
  • Lot Size (Sq. Ft.): 4,574
  • Lot Dimensions: 0.105 acres
  • Frontage: City Street, Public Road
  • Lot Access: City Street, Public Road
  • Rail Service Desc.: None
  • Potential Use: Convenience Store, Multi-Family, Retail (Mixed Use)

Financial Considerations

  • Tax Amount: $2,262
  • Terms: Cash, Conventional
  • Tenant Pays: None

Disclosures and Reports

  • APN: 45-09-18-429-018.000-021

Listed by Portage Real Estate

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Schools serving 1515 Central Ave

3304 Parkside Ave, Lake Station, IN 46405
1.1 mi
Disclaimer: School ratings provided by GreatSchools. Ratings are on a scale of 1-10. Learn more about GreatSchools ratings. School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History

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Community Info

Community Info for 1515 Central Ave

Listed by Portage Real Estate

1515 Central Avenue, Lake Station, IN 46405 (MLS# 249645) is a Commercial property. 1515 Central Avenue is currently listed for $100,000 and was received on September 24, 2009. Want to learn more about 1515 Central Avenue? Do you have questions about finding other Commercial real estate for sale in Lake Station? You can browse all Lake Station real estate or contact a Coldwell Banker agent to request more information.