1300 Approx Waverly Rd - Commercial LAND FOR SALE


Porter, IN 46304 936,540 SF
$1,250,000 USD
312-502-3737
1300 Approx Waverly Rd, Porter, IN for Sale
$1,250,000 USD
Commercial LAND - FOR SALE
1/2
936,540 SF

1300 Approx Waverly Rd
Porter, IN 46304


OVERVIEW

Developer's Dream - 21.5 Acres in Prime Porter Location A rare opportunity to shape a high-impact project in one of Northwest Indiana's most strategic corridors. This 21.5-acre site, made up of two parcels, sits at the signalized corner of US Highway 20 and Waverly Road. The property includes a tenant-occupied 2-bedroom, 2-bath home, offering immediate rental income during the planning phase. Located just 3 minutes from the South Shore Train Station, 5 minutes from downtown Chesterton, and 6 minutes from Porter Beach, this site blends convenience with lifestyle appeal. It's also just 45 minutes from downtown Chicago, making it a strong draw for commuters. Bring your own vision or explore current concept plans for a 117-unit condo development with multi-unit retail along the frontage. Flexible zoning and a prime location make it ideal for residential, commercial, or mixed-use development. For those looking to expand, a fully approved 317-unit multifamily development is also available just east of the site—offering a unique opportunity to scale in a rapidly growing market. Seller is entertaining all offers during the pre bidding phase prior to auction. Auction duration is 30 days. Buyer premium is 10% of final winning bid amount. The Auction company is Indiana Estate Movers Website Indianaestatemovers.com. Auctioneer Michael (Hank) H. Minix. AU AU19600001 Phone: 574 249 0443. Email Matt@SpecialtyProp.com with any questions

FOR SALE DETAILS

PRICE

$1,250,000 USD

PRICE/ACRE

$58,140/AC

PRICE/SF

$1 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Commercial, Retail, Mixed Use, Multi-Family, Apartment Units, Apartment Units - Condo

LAND ACRES

21.5 AC

LAND SF

936,540 SF

OFFSITE IMPROVEMENTS

-

ZONING

Resisential

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Justin BerggrenColdwell Banker Commercial Proper InvestmentMore Info
312-502-3737

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Justin BerggrenColdwell Banker Commercial Proper InvestmentMore Info
312-502-3737

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.