List Search

505 Grant Ave
Chesterton, IN 46304

Price Upon Request

Distribution For Sale  •  16,091 SF

Property Details

  • Property Type Distribution
  • Total Building Size 16,091 SF
  • Lot Size 1.63 AC
  • Building Class C
  • Year Built 1918
  • Tenancy Multiple
  • Zoning I-1
0 Transit Score
78 Walk Score

Highlights

Approximately 17,750-Square-Foot Multi-Tenant Flex Warehousing Facility Situated on 1.63 Acres of Land
54 Self-Storage Units Totaling +/- 4,888-Square-Feet Reside on the East End of the Property
Value-Add Opportunity: Immediate Upside with 37/54 Self-Storage Units Currently Rented
High Barrier-to-Entry Market: 2.4% Vacancy and 2.8% Rent Growth (CoStar)
Favorable Business Conditions: No. 1 State to Start a Business in 2023 (Forbes)
Situated 1.3 Miles from State Road 49 with Access to both I-94 (1.5 Miles) and I-90 (3 Miles)

Public Transportation

Commuter RailDriveWalkDistance
Dune Park (Chesterton) Station (South Shore Line - Northern Indiana Commuter Transportation District (South Shore Line)) 8 min - 3.0 mi
14 min - 7.2 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes