2460 Vermillion Street, Lake Station, IN 46405
$995,000
Property Type:
Commercial Sale
Square Footage:
37,624
Lot Size (sq. ft.):
193,406
Status:
Active
Current Price:
$995,000
List Date:
3/02/2026
Last Modified:
3/02/2026
Overview
Description
Listing Details MLS# 834757
General Property Information
- Number Of Units Total
- Yes
- Living Area
- 37624
- Building Area Source
- Assessor
- Year Built
- 1953
- Parking Total
- 50
- Lot Size Acres
- 4.44
- Lot Size Square Feet
- 193406.4
- Lot Size Source
- Appraiser
- Waterfront YN
- No
- Basement YN
- No
Property Features
Building Features:
Exercise Room; Lunch Room; Meeting Room; Private Restrooms; Shower/Locker Room
Business Type:
Professional/Office
Construction Materials:
Brick
Cooling:
Central Air
Current Use:
See Remarks
Electric:
200+ Amp Service
Heating:
Forced Air
Listing Terms:
Cash; Conventional
Lock Box Information:
Call Listing Office
Owner Pays:
All Utilities
Possession:
Subject To Tenant Rights
Rail Availability:
None
Roof:
Asphalt
Sewer:
Public Sewer
Special Listing Conditions:
None
Tenant Pays:
None
Utilities:
Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected
Water Source:
Public
Contract Information
- Auction YN
- No
- Original List Price
- 995000
- Property Sub Type
- Mixed Use
- Listing Agreement
- Exclusive Right To Sell
- Owner Name
- The School Town Of East Gary
- Occupant Type
- Tenant
Location Tax and Legal
- Street Number
- 2460
- Street Name
- Vermillion
- Street Suffix
- Street
- County
- Lake
- State
- IN
- Postal Code
- 46405
Remarks and Miscellaneous
- Public Remarks
- Formerly Polk Elemtary School. 37,624 sq' 1 story building with 6960 sq' out building on 4.4 acres. Tenant is Boys and Girls Club. Property is currently tax exempt.
Status Change Information
- Major Change Timestamp
- 2026-03-02T20:24:39Z
- Major Change Type
- New Listing
- Status Change Timestamp
- 2026-03-02
More Information
Exemption Information
- Exemption YN
- Yes
Showing Requirements
- Showing Instructions
- Call LO. 48 hours notice required.
Location, Tax, and Legal
- Tax Annual Amount
- 0
- Tax Year
- 2024
- Tax Legal Description
- E. GARY REAL ESTATE CO'S 2ND ADD. ALL L.7 BL.2
- Parcel Number
- 450916256017000021
- Township
- Hobart
- Directions
- Central Ave. to Vermillion, south to property.
- Census Tract
- 418
Construction Materials
- Brick
- Yes
Cooling
- Central Air
- Yes
Electric
- 200+ Amp Service
- Yes
Heating
- Forced Air
- Yes
Listing Terms
- Cash
- Yes
- Conventional
- Yes
Lock Box Information
- Call Listing Office
- Yes
Possession
- Subject To Tenant Rights
- Yes
Roof
- Asphalt
- Yes
Sewer
- Public Sewer
- Yes
Special Listing Conditions
- None
- Yes
Utilities
- Electricity Connected
- Yes
- Natural Gas Connected
- Yes
- Sewer Connected
- Yes
- Water Connected
- Yes
Water Source
- Public
- Yes
Owner Pays
- All Utilities
- Yes
Tenant Pays
- None
- Yes
Current Use
- See Remarks
- Yes
Building Features
- Exercise Room
- Yes
- Lunch Room
- Yes
- Meeting Room
- Yes
- Private Restrooms
- Yes
- Shower/Locker Room
- Yes
Business Type
- Professional/Office
- Yes
Rail Availability
- None
- Yes
Listing Office:
McColly Real Estate
Last Updated: March - 02 - 2026
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