119 Broadway Avenue, Chesterton, IN 46304 (MLS# 827178)

119 Broadway Avenue, Chesterton, IN 46304

$775,000

Property Type: Commercial Sale Square Footage: 12,812 Lot Size (sq. ft.): 5,793 Status: Active

Current Price: $775,000 List Date: 9/04/2025 Last Modified: 9/04/2025

Overview

Description

Get your hands on the most ideal location in all of Chesterton. This building is full of history and charm right in the heart of downtown with frontage on Broadway and 2nd street. This is where the hustle and bustle of Chesterton happens, markets, parades, festivals, etc. Just a few miles from the National Park and major highways, Chesterton is now more than ever a huge draw!Prime Retail, Office and Residential spaces, many with long term tenancy. Current tenants include Chiropractic office, Art Gallery, Two residential apartments etc. Much of the original character is still intact! Cap rate is at 9 Do not let this opportunity pass you by!

Listing Details MLS# 827178

General Property Information

Number Of Units Total: 17
Living Area: 12812
Building Area Source: Assessor
Year Built: 1900
Lot Size Acres: 0.133
Lot Size Square Feet: 5793
Lot Size Source: Assessor
Waterfront YN: No
Basement YN: Yes
Stories: 2
Parking Total: 0

Property Features

Basement: Finished Building Features: Business District Location; Enclosed Stair(s); Inside Corridor(s); Meeting Room; Mixed Use; Multi Tenant; Private Restrooms; Strip Mall Location; Other Business Type: Medical; Mixed; Professional/Office; Retail Construction Materials: Brick Cooling: Central Air Current Use: Medical/Dental; Mixed Use; Multi-Family; Office; Retail Electric: 100 Amp Service; 200+ Amp Service; Other Exterior Features: Other Flooring: Carpet; Hardwood; Vinyl; Other Heating: Forced Air; Hot Water; Natural Gas Interior Features: Entrance Foyer Listing Terms: Cash; Conventional Lot Features: Corner Lot Owner Pays: All Utilities; Common Area Maintenance; Insurance Parking Features: On Street; Paved Possession: Close Of Escrow Possible Use: Commercial; Medical/Dental; Mixed Use; Multi-Family; Office; Recreational; Retail; Other Rail Availability: None Roof: Other Security Features: Other Sewer: Public Sewer Special Listing Conditions: None Tenant Pays: Other Utilities: Electricity Available; Electricity Connected; Natural Gas Available; Natural Gas Connected View: Neighborhood; Park/Greenbelt Water Source: Public

Contract Information

Auction YN: No
Original List Price: 775000
Property Sub Type: Office
Listing Agreement: Exclusive Right To Sell
Occupant Type: Tenant

Location Tax and Legal

Street Number: 119
Street Name: Broadway
Street Suffix: Avenue
County: Porter
State: IN
Postal Code: 46304
Subdivision Name: Chesterton

Remarks and Miscellaneous

Public Remarks: Get your hands on the most ideal location in all of Chesterton. This building is full of history and charm right in the heart of downtown with frontage on Broadway and 2nd street. This is where the hustle and bustle of Chesterton happens, markets, parades, festivals, etc. Just a few miles from the National Park and major highways, Chesterton is now more than ever a huge draw!Prime Retail, Office and Residential spaces, many with long term tenancy. Current tenants include Chiropractic office, Art Gallery, Two residential apartments etc. Much of the original character is still intact! Cap rate is at 9 Do not let this opportunity pass you by!

Status Change Information

Major Change Timestamp: 2025-09-04T17:58:41Z
Major Change Type: New Listing
Status Change Timestamp: 2025-09-04

More Information

Exemption Information

Exemption YN: No

Income and Expenses

Expense Year: 2022
Gross Income: 0
Gross Scheduled Income: 0
Maintenance Expense: 0
Manager Expense: 0
Other Expense: 0
Professional Management Expense: 0
Supplies Expense: 0

Showing Requirements

Showing Instructions: Contact LA

Historical Information

Public Historical Remarks: Utilities: On, Frontage Access: Public Road, Parking: Public Parking

Location, Tax, and Legal

Tax Annual Amount: 6217
Tax Year: 2024
Tax Legal Description: O S W44 LOT 4 BLK 2
Parcel Number: 640336476001000023
Township: Westchester
Directions: Calumet to west on Broadway

Basement

Finished: Yes

Construction Materials

Brick: Yes

Cooling

Central Air: Yes

Electric

100 Amp Service: Yes
200+ Amp Service: Yes
Other: Yes

Exterior Features

Other: Yes

Flooring

Carpet: Yes
Hardwood: Yes
Vinyl: Yes
Other: Yes

Heating

Forced Air: Yes
Hot Water: Yes
Natural Gas: Yes

Interior Features

Entrance Foyer: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Lot Features

Corner Lot: Yes

Parking Features

On Street: Yes
Paved: Yes

Possession

Close Of Escrow: Yes

Roof

Other: Yes

Security Features

Other: Yes

Sewer

Public Sewer: Yes

Special Listing Conditions

None: Yes

Utilities

Electricity Available: Yes
Electricity Connected: Yes
Natural Gas Available: Yes
Natural Gas Connected: Yes

View

City: Yes
Neighborhood: Yes
Park/Greenbelt: Yes

Water Source

Public: Yes

Owner Pays

All Utilities: Yes
Common Area Maintenance: Yes
Insurance: Yes

Tenant Pays

Other: Yes

Current Use

Medical/Dental: Yes
Mixed Use: Yes
Multi-Family: Yes
Office: Yes
Retail: Yes

Possible Use

Commercial: Yes
Medical/Dental: Yes
Mixed Use: Yes
Multi-Family: Yes
Office: Yes
Recreational: Yes
Retail: Yes
Other: Yes

Building Features

Business District Location: Yes
Enclosed Stair(s): Yes
Inside Corridor(s): Yes
Meeting Room: Yes
Mixed Use: Yes
Multi Tenant: Yes
Private Restrooms: Yes
Strip Mall Location: Yes
Other: Yes

Business Type

Medical: Yes
Mixed: Yes
Professional/Office: Yes
Retail: Yes

Rail Availability

None: Yes

Listing Office: Seramur Properties, LLC

Last Updated: September - 04 - 2025

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