Date
Details
Price
Change
Source
8/29/2026
Listed
$590,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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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.
Full Property Details
Full Property Details for 323 Central Ave
General
- Price: $590,000
- Taxes: $4,361 (2024)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12746247
- Updated: 8/29/2026
- Added to Site: 1 day(s) ago
Location
- Area: Indiana - Lake County Balance
- County: Lake
- Township: Hobart
- Driving Directions: From I-80/94, take Ripley Street south to Central Avenue. Turn right (west) onto Central Avenue and continue to the property.
Heating & Cooling
- Cooling Type: None
- Heating Type: None
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Roof: Rubber
- Drive-In Doors: 1
- # Loading Docks: 1
- Stories/Levels: 1
- Square Feet: 24,629
- Year Built: 1973
Lot Features
- Lot Size (Sq. Ft.): 1,530
- Lot Dimensions: 1530
- Zoning: RTAIL
Financial Considerations
- Lease Price: $10,000
- For Sale/Rent/Lease: For Sale or Rent
- Assessment Year: 1973
- Tax Amount: $4,361
- Tax Year: 2024
- Tenant Pays: All Utilities
Disclosures and Reports
- Property ID: 450917276004
Listed by Key Collective
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— 323 Central Ave —
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Schools
Schools serving 323 Central Ave
School District:Lake Station Community Schools
| Name | Grades | Distance |
|---|---|---|
Alexander Hamilton Elementary School, Lake Station, IN 2900 Lake Street, Lake Station, IN 46405 | 1-6 | 0.8 mi |
Virgil I Bailey Elementary School 2100 Union Street, Lake Station, IN 46405 | K-6 | 2.5 mi |
Thomas A Edison Jr-Sr High School 3304 Parkside Avenue, Lake Station, IN 46405 | 7-12 | 1.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 323 Central Ave
Estimate the Cost
Estimate the Cost for 323 Central Ave
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- Condo / Townhouse
- Active
- Updated 20 hours ago
- 3Beds
- 3Total Baths
- 2,084Sq. Ft.
- Single Family
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- Updated 2 days ago
- 3Beds
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- Lots/Land
- Active
- Updated 3 days ago
- 0.071Acres
Listed by Keri Hir
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- Active
- Updated 3 days ago
- 4Beds
- 2Total Baths
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- Updated 18 hours ago
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Listed by Realty Executives Premier
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- Single Family
- Closed
- 3Beds
- 3Total Baths
- 2,846Sq. Ft.
Listed by RE/MAX Realty Associates
Sold by New Chapter Real Estate
Sold by New Chapter Real Estate
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- Closed
- Updated 8 days ago
- 6Beds
- 3Total Baths
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Listed by Ginter Realty
Sold by Listing Leaders Northwest
Sold by Listing Leaders Northwest
- Multi-Family
- Closed
- 8Total Beds
Listed by Better Homes and Gardens Real
Sold by Better Homes and Gardens Real
Sold by Better Homes and Gardens Real
- Single Family
- Closed
- 5Beds
- 4Total Baths
- 4,500Sq. Ft.
Listed by McColly Real Estate
Sold by BHHS Executive Realty
Sold by BHHS Executive Realty
323 Central Avenue, Lake Station, IN 46405 (MLS# 12746247) is a Commercial property. 323 Central Avenue is currently listed for $590,000 and was received on August 29, 2026. Want to learn more about 323 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.