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

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.

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.
Listing Office: McColly Real Estate
Last Updated: March - 02 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2024 Triangle MLS, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.