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$438,900

  • For Sale
  • Active
  • Commercial
  • 4,325 Sq. Ft.
  • Updated 7 days ago
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Incredible opportunity to own a versatile commercial property in a high-traffic location! The building is currently set up as a restaurant and offers both indoor and outdoor dining areas, ideal for maximizing customer capacity and seasonal service. Ample parking is available with dual access from Central Ave and Fairview, perfect for ease of entry and exit. The property also features a spacious warehouse with a 12' overhead door, great for deliveries, storage, or expansion potential, as well as a 1-bedroom apartment for additional rental income. Strategically located just minutes from I-80/94, I-90, and I-65, this site offers outstanding visibility and accessibility. Don't miss this unique opportunity!

Full Property Details for 2401 Central Ave

General

  • Price: $438,900
  • Taxes: $10,769 (2024)
  • Status: Active
  • Type: Commercial
  • Source: GNIAR
  • MLS ID: 828536
  • Updated: 1/9/2026
  • Added to Site: 108 day(s) ago

Interior

  • Appliances: None

Exterior

  • Exterior Features: None

Parking

  • Parking Features: Attached, Asphalt, Garage Faces Rear

Location

  • County: Lake
  • Township: Hobart
  • Subdivision: Lake Station Add
  • Driving Directions: 80/94 to Central to address on the right hand side

Heating & Cooling

  • Heating Type: Forced Air, Natural Gas

Structural Information

  • Square Feet: 4,325
  • Year Built: 1946

Lot Features

  • Lot Size (Acres): 0.109
  • Lot Size (Sq. Ft.): 4,748

Financial Considerations

  • Tax Amount: $10,769.9
  • Tax Year: 2024
  • Terms: Cash, Conventional

Disclosures and Reports

  • Legal Description: LAKE STATION ADD. W'LY 25FT. L.6 BL .6 & E'LY 25 FT. L.7 BL.6
  • Property ID: 450917327005000021

Listed by McColly Real Estate

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Listing agents

— 2401 Central Ave —

  • McColly Real Estate

  • McColly Real Estate

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 2401 Central Ave

School District:Lake Station Community Schools
NameGradesDistance
Thomas A Edison Jr-Sr High School
3304 Parkside Avenue, Lake Station, IN 46405
7-120.6 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 2401 Central Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/09/2026
Price Reduced
$438,900
-6.02%
MLS
11/14/2025
Price Reduced
$467,000
-5.66%
MLS
9/30/2025
Listed
$495,000
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 2401 Central Ave

Year
Property Taxes
Change
Tax Assessment
Change
2024
$8,372
-19%
$245,300
11%
2023
$10,294
127%
$221,100
73%
2022
$4,535
-32%
$128,100
10%
2020
$6,632
96%
$116,800
38%
2019
$3,378
—
$84,700
-27%
2019
$3,378
-7%
$116,100
41%
2018
$3,615
-6%
$82,200
-5%
2017
$3,845
—
$86,100
4%
2017
$3,845
19%
$83,100
62%
2016
$3,238
82%
$51,200
1%
2015
$1,777
-29%
$50,700
1%
2013
$2,493
-1%
$50,400
1%
2012
$2,520
—
$50,000
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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2401 Central Avenue, Lake Station, IN 46405 (MLS# 828536) is a Commercial property. 2401 Central Avenue is currently listed for $438,900 and was received on September 30, 2025. Want to learn more about 2401 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.

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