Commercial Sale For Sale

5000 Central Avenue, Portage, Indiana

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Property Description

Prime commercial opportunity on Central Avenue in Portage! Situated on approximately 2.796 acres, this property offers outstanding visibility and access along one of the area’s main corridors. The site features a 6,200 sq ft building with a functional layout, including a retail storefront in the front and warehouse space in the rear–ideal for a wide range of business operations or mixed-use concepts. Zoned Neighborhood Commercial through the City of Portage, this property provides exceptional flexibility with permitted uses such as low-intensity retail sales, personal service businesses, contractor office/showroom space, general and financial offices. In addition, special exception uses open the door to even more possibilities, including restaurants, gas stations, car washes, auto service centers, contractor office/warehouse combinations, child care centers, and accessory outdoor storage. The building does require repairs, presenting a strong value-add opportunity for investors or owner-users looking to renovate and customize the space. An investor can reposition the asset by improving the building and leasing out the retail and warehouse components for potential income generation. With nearly 3 acres of land, there is ample room for parking, equipment storage, or future expansion. Whether you’re looking to establish, expand, or create a long-term investment, this property offers the size, zoning, and location to make it happen. Schedule your showing today!

Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : NRA837427
Price : $249,900
Bedrooms : 0
Rooms : 0
Bathrooms : 0
Half Bathrooms : 0
Year Built : 1947
Lot Area : 121,794 Sqft
Status : Active
Acres : 2.796
Property Subtype 1 : Mixed Use
Status : Active
Features
Heating System : Natural Gas
Parking : Additional Parking, Gravel
Appliances
Appliances : No
Address Map
Country : US
State : IN
County : Porter
City : Portage
Street : Central
Street Number : 5000
Street Suffix : Avenue
Postal Code : 46368
Floor Number : 0
Longitude : W88° 46' 41.9''
Latitude : N41° 34' 29.2''
Directions : Central Avenue to County line road property located on the north side of central avenue.
Township : Portage
MLS Addon
Office Name : RE/MAX Lifestyles
Listing Agent MLS ID : NRA11584
Listing Office MLS ID : NRA1855
Annual Tax Amount : $3,597
HOA/POA-Annual Amt. : $0
HOA/POA-Monthly Amt. : $0
Tax Year : 2024
Commercial Sale For Sale
  • Listing ID : NRA837427
  • Bedrooms : 0
  • Bathrooms : 0
  • Lot Area : 121,794 Sqft
$249,900
Agent info
Dan Kelley
Remax County Wide 1st
814 E LaSalle South Bend, IN 46617
Contact Agent