300 Railroad Avenue, Wheeler, IN 46393

$600,000
Property Type: Commercial Sale Square Footage: 1,680 Lot Size (sq. ft.): 107,157 Status: Closed
Current Price: $600,000 List Date: 3/04/2026 Last Modified: 7/10/2026

Overview

Description

2.46 Acres conveniently located between Hobart & Valparaiso in the Town of Wheeler IN. 1200 feet of frontage on HWY 130. An estimated 12-13,000 cars pass by every day. This property has multiple options. You can start your own Auto Mechanic Business at an established location. Existing Equipment can be purchased as well. It is a great location for a Trucking Company, Tow yard, or Strip Mall. Porter County is planning the Willowcreek Extension that will pass just blocks away from this property.

Listing Details MLS# 834872

General Property Information

Number Of Units Total
Yes
Living Area
1680
Building Area Source
Assessor
Year Built
1999
Parking Total
100
Lot Size Acres
2.46
Lot Size Square Feet
107157
Lot Size Source
Assessor
Waterfront YN
No
Basement YN
Yes
Stories
Yes

Property Features

Appliances: Gas Water Heater; Water Heater Basement: Partially Finished Building Features: Acoustical Ceiling(s); Enclosed Dock(s); Lunch Room; Meeting Room; Mixed Use; Open Dock(s); Out Lot; Private Restrooms Business Type: Auto Service; Retail; Warehouse Construction Materials: Stone; Wood Siding; Other Cooling: Central Air Current Use: Commercial; Retail Electric: 200+ Amp Service Exterior Features: Private Yard; Storage Flooring: Carpet; Concrete; Hardwood; Linoleum Heating: Forced Air Interior Features: Entrance Foyer; Laminate Counters; Open Floorplan; Walk-In Closet(s) Listing Terms: Cash; Conventional Lock Box Information: Call Listing Office Lot Features: Paved Owner Pays: All Utilities; Insurance; Taxes; Water Parking Features: Additional Parking; Detached; Garage Faces Side; Gravel; Heated Garage Possession: Close Of Escrow; Negotiable Possible Use: Automotive; Commercial; Development; Highway/Tourist Service; Industrial; Investment; Medical/Dental; Mini-Storage; Mixed Use; Office; Residential; Retail; Single Family; Unimproved; Warehouse Rail Availability: Potential Roof: Asphalt; Metal Security Features: Security Lights; Smoke Detector(s) Sewer: Public Sewer Special Licenses: None Special Listing Conditions: Standard Tenant Pays: All Utilities; Electricity; Exterior Maintenance; Gas; Grounds Care; HVAC Maintenance; Insurance; Pest Control; Repairs; Roof Maintenance; Sewer; Snow Removal; Taxes; Water Utilities: Cable Connected; Electricity Connected; Natural Gas Connected; Sewer Connected; Water Available View: Neighborhood Water Source: Well

Contract Information

Auction YN
No
Original List Price
650000
Property Sub Type
Business
Listing Agreement
Exclusive Right To Sell
Seller to consider offering concessions
Yes
Occupant Type
Owner

Location Tax and Legal

Street Number
300
Street Name
Railroad
Street Suffix
Avenue
County
Porter
State
IN
Postal Code
46393

Remarks and Miscellaneous

Public Remarks
2.46 Acres conveniently located between Hobart & Valparaiso in the Town of Wheeler IN. 1200 feet of frontage on HWY 130. An estimated 12-13,000 cars pass by every day. This property has multiple options. You can start your own Auto Mechanic Business at an established location. Existing Equipment can be purchased as well. It is a great location for a Trucking Company, Tow yard, or Strip Mall. Porter County is planning the Willowcreek Extension that will pass just blocks away from this property.
Exclusions
Personal property, some cars, and motorcycles.

Status Change Information

Major Change Timestamp
2026-07-10T12:27:47Z
Major Change Type
Status Change
Status Change Timestamp
2026-07-10
Offer Acceptance Date
2026-03-16
Close Date
2026-07-09
Close Price
600000
Concessions
No
Buyer Financing
Conventional

More Information

Exemption Information

Exemption YN
No
Listing Office: BS Realty Services Indiana LLC
Last Updated: July - 10 - 2026
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