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Property Description
A rare opportunity to own a piece of Portage history and a highly visible commercial property! For 37 years, this location was home to the well known and beloved Depot Dog, a longtime local destination serving generations of Northwest Indiana residents and visitors. The property offers the unique opportunity to bring the Depot Dog concept back to life or reimagine this exceptional site for an entirely new use. Situated on nearly 2 acres along heavily traveled Melton Road/US-20, the property offers outstanding visibility, easy access, and approximately 10,500-13,500 vehicles passing the site daily. A traffic light near the property provides excellent access and exposure, while the convenient location just minutes from I-94 and the Indiana Toll Road creates connectivity throughout Northwest Indiana and beyond. With its proximity to Lake Michigan, area beaches, industry, residential communities, and major transportation routes, this location draws both local and destination traffic. The site offers exciting possibilities for a restaurant, gas station/convenience store, retail establishment, drugstore, franchise concept, or other commercial development, subject to applicable zoning and approvals. Whether preserving the legacy of an iconic Portage business or developing something entirely new, opportunities like this are difficult to duplicate. Nearly 2 acres, strong daily traffic counts, highway accessibility, high visibility, and decades of name recognition combine to make this a standout commercial opportunity in a strategic Northwest Indiana location. Property sustained storm damage. Some photos reflect pre-storm condition.
Full Property Details
Full Property Details for 5016 Melton Rd
General
- Price: $2,000,000
- Taxes: $2,582 (2024)
- Status: Active
- Type: Business
- Source: GNIAR
- MLS ID: 846169
- Updated: 10/1/2026
- Added to Site: Today
Parking
- Parking Features: Attached, Gravel
Location
- County: Porter
- Township: Portage
- Driving Directions: US-20/Melton Rd. east or west to 5016 Melton Rd., located on the north side of the road near the Burns Harbor/Portage area.
Heating & Cooling
- Heating Type: None
Structural Information
- Square Feet: 408
- Year Built: 1988
Lot Features
- Lot Size (Acres): 1.77
- Lot Size (Sq. Ft.): 77,101
Financial Considerations
- Tax Amount: $2,582
- Tax Year: 2024
- Terms: Cash, Conventional
Disclosures and Reports
- Legal Description: A PARC IN SW SW 3-36-7 DESC DR383 P148 1.77AC
- Property ID: 640503355001000016
Listed by Listing Leaders Stately, LLC
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Schools
Schools serving 5016 Melton Rd
School District:Portage Township Schools
| Name | Grades | Distance |
|---|---|---|
Crisman Elementary School 6161 Old Porter Road, Portage, IN 46368 | K-5 | 2.3 mi |
Willowcreek Middle School 5962 Central Avenue, Portage, IN 46368 | 6-8 | 2.3 mi |
Portage High School, Portage, IN 6450 US Highway 6, Portage, IN 46368 | 9-12 | 4 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 5016 Melton Rd
Date
Details
Price
Change
Source
10/01/2026
Listed
$2,000,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 5016 Melton Rd
5016 Melton Road, Portage, IN 46368 (MLS# 846169) is a Business property. 5016 Melton Road is currently listed for $2,000,000 and was received on October 01, 2026. Want to learn more about 5016 Melton Road? Do you have questions about finding other Business real estate for sale in Portage? You can browse all Portage real estate or contact a Coldwell Banker agent to request more information.

