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Investment Highlights
- Located on a main east west corridor, just east of the Downtown business district.
- Ample Parking
Executive Summary
20,528 SF Commercial Flex Building | B-2 Zoning | High-Visibility Broadway Corridor
Position your business for success with this exceptionally versatile 20,528-square-foot commercial flex property located along Broadway, one of Chesterton's primary east-west commercial corridors. Situated just west of downtown Chesterton, and immediately north of the new YMCA Healthy Living Campus, the property offers outstanding visibility, accessibility, and flexibility for a wide variety of commercial uses.
The fully sprinklered building is zoned B-2, allowing numerous business opportunities including retail, professional office, showroom, service, flex, warehouse, and storage uses. The property features 36 parking spaces (24 private and 12 on-street), two staircases, a freight lift providing second-floor access, NetNitco fiber internet, security camera system, more than 95% LED lighting, and robust 400-amp three-phase electrical service to support demanding operational needs.
Designed to accommodate both owner-users and investors, the flexible layout provides opportunities for single or multiple occupants while offering excellent access to major transportation routes serving Northwest Indiana and the Chicago metropolitan market.
Position your business for success with this exceptionally versatile 20,528-square-foot commercial flex property located along Broadway, one of Chesterton's primary east-west commercial corridors. Situated just west of downtown Chesterton, and immediately north of the new YMCA Healthy Living Campus, the property offers outstanding visibility, accessibility, and flexibility for a wide variety of commercial uses.
The fully sprinklered building is zoned B-2, allowing numerous business opportunities including retail, professional office, showroom, service, flex, warehouse, and storage uses. The property features 36 parking spaces (24 private and 12 on-street), two staircases, a freight lift providing second-floor access, NetNitco fiber internet, security camera system, more than 95% LED lighting, and robust 400-amp three-phase electrical service to support demanding operational needs.
Designed to accommodate both owner-users and investors, the flexible layout provides opportunities for single or multiple occupants while offering excellent access to major transportation routes serving Northwest Indiana and the Chicago metropolitan market.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
20,528 SF
Building Class
C
Year Built
1951
Price
$1,901,661 CAD
Price Per SF
$92.64 CAD
Tenancy
Single
Building Height
2 Stories
Slab To Slab
11’
Building FAR
0.77
Lot Size
0.61 AC
Zoning
B2 - B2 is a medium density, business district represents the major extensions of the Downtown business area along the major business arteries of the town.
Parking
24 Spaces (1.17 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Pylon Sign
- Security System
- Signage
- Air Conditioning
- Fiber Optic Internet
Fairly walkable
40/100
Exceptionally drivable
90/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 64-03-36-331-006.000-023 | Improvements Assessment | $376,782 CAD |
| Land Assessment | $134,210 CAD | Total Assessment | $510,992 CAD |
Property Taxes
Parcel Number
64-03-36-331-006.000-023
Land Assessment
$134,210 CAD
Improvements Assessment
$376,782 CAD
Total Assessment
$510,992 CAD
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700 Broadway Ave
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