604 W 151st St - Retail FOR SALE


East Chicago, IN 46312
$95,000 USD
219-864-8440
604 W 151st St, East Chicago, IN for Sale
$95,000 USD
Retail - FOR SALE
1/20
null | Request Cap Rate

604 W 151st St
East Chicago, IN 46312


HIGHLIGHTS

  • Located in an Opportunity Zone, offering potential tax incentives for qualifying investments.
  • Former bar space with existing fixtures and equipment included.
  • Convenient access to Indianapolis Boulevard and I-90 for regional connectivity.
  • Fully serviced with city utilities, natural gas heating, and fluorescent lighting.
  • Positioned in a well-established East Chicago neighborhood with strong local visibility.

OVERVIEW

Located in the East Chicago community, this beloved property has been a staple local attraction for many years. Previously operated as a bar, the space boasts a welcoming ambiance, unique architectural features, and a prime location. Although it no longer holds a liquor license and is currently not in operation, the property offers incredible potential for a variety of ventures—be it a restaurant, café, boutique, ghost kitchen or creative space. Don't miss the chance to own a piece of local history and transform it into something new and exciting! Property is also offered for Lease.Located just minutes from the popular recreational destination of Wolf Lake, this property benefits from easy access to outdoor attractions, boating, fishing, festivals, and year-round visitors. Adding to the area's excitement, the proposed development plans involving the Chicago Bears and the surrounding region continue to generate interest in Northwest Indiana's future growth and economic potential. Directions: Indianapolis to 151st St. East to property on North side of street.

FOR SALE DETAILS

PRICE

$95,000 USD

PRICE/SF

$51 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1913

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.09 AC

LAND SF

3,920 SF

ZONING

-

APN/PARCEL ID

45-03-32-205-038.000-024

ASK ABOUT THIS PROPERTY

Joseph BurdickWeichert, Realtors - IllianaMore Info
219-864-8440

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Joseph BurdickWeichert, Realtors - IllianaMore Info
219-864-8440

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