$210,000 1201 Central Ave Lake Station, IN

MLS: 421386   Type: Commercial   County: Lake   City: Lake Station   Neighborhood: Lake Station   Zip: 46405   Style: Office  

Mortgage $986 /mo



Half Baths

Sqr Footage

Lot Size








LEASE OPTION * 1 Story Block Stucco Building Completely Rehabbed in 2006, from Block Out, Roof, Mechanicals, Everything * Busy 4 Lane Commercial Street Frontage * Potential $38,200+ Gross a Year Income * Expenses $10,497 * Net Income $28,295 and Potential For More * Net Passive Income * 4000 Square Feet * 1600 S.F. Main office consist of 24x16 Conference Room (Can be by Buyer and let other rents pay all expenses) Includes 40x20 Open Space with 12x10 Office with Window, Second 12x10 Office, Kitchen, His and Hers Baths, Plus Storage Closets * 7 Additional Office Spaces 11x10 (Approximately) * 2 Energy Efficient Furnaces * 2 Central Air Units * 2 Thermostats * 3rd 1/2 Bath * 13 Parking Spaces and Adjacent Spaces Available * Bill Board 8x4 for Advertising * 1/4 Mile West of the New 30 Million Dollar Municipal Complex and Library * Great for Owner use with income or Turn Key Investment

Elementary School

Middle School

High School

Click Here
Distance: N/A Miles
Click Here
Distance: N/A Miles
Click Here
Distance: N/A Miles

Price History

8/28/2017 Listed $210,000

Property SubType Office
Property Type Commercial
Subdivision Lake Station
Year Built 1946

Exterior Features

Lot Size Square Feet 7000.00
Parking Spaces 0

Property Schools

Direct Link:


Gallery (24 photos)

Ask Your Agent a Question

Property vs Zip Code Avg (46405)

Price 210K Avg 133K

Sqr Feet 4,000 Avg 3,202

Cost / Sqr Ft $53 Avg $42

Acres 0.160698 Avg 0.18

Visits 36 Avg 71

Days on Site 294 Avg 476

Walkscore® 49 Avg 42

Ask How to Finance this Property

Download Our Mobile App

Download Millions Mapped

Listing Provided Courtesy Of: Eagle Pro Realty

Back to Search

Chat is Now Online! Ask Away!

Find Your Home's Value Instantly

Saved Properties

This is a list of your favorite properties. We will email you if a property is reduced or leaves the market.

Click 'Save' to add a property to this list.

Register / Login

New & returning visitors please enter your information to login.

By clicking 'register' you are agreeing to our terms of use & giving us expressed written consent to contact you.

Questions? Comments? Complaints?

This message will go directly to the head of our team.

Location & Address

Debbie Rasala
310 E Lincolnway
Valparaiso, IN

Other Locations