5540 US Highway 6, Portage, IN 46368

$675,000
Property Type: Commercial Sale Square Footage: 4,080 Lot Size (sq. ft.): 431,244 Status: Closed
Current Price: $675,000 List Date: 3/27/2023 Last Modified: 3/19/2025

Overview

Description

An Incredible Retail or Development Opportunity! Recent updates to property! Completed Phase 1 and Phase 2. City sewer connected 2024. A 4080 square foot commercial building on two parcels for a total of 9.93 ac, and 340 ft of frontage. Located on US Hwy 6, with a daily traffic count of 18,305. The Commercial building has 1,085 sq ft of retail/showroom space, 302 sq ft office and 166 sq ft break room. In addition, there is a 2,142 sq ft heated FBI built shop/warehouse, 16 ft clear ceiling height, concrete floor, and 2 overhead doors. The property has two large road cuts onto US Hwy 6.

Listing Details MLS# 527845

General Property Information

Number Of Units Total
Yes
Living Area
4080
Building Area Source
Assessor
Year Built
1958
Parking Total
20
Lot Size Acres
9.9
Lot Size Square Feet
431244
Lot Size Source
Assessor
Lot Size Dimensions
340 by 1,270 +/-
Waterfront YN
No
Basement YN
No
Stories
Yes

Property Features

Building Features: Business District Location; Exposed Under Roof Ceiling(s); Lunch Room; Private Restrooms; Suspended Ceiling(s); Other Construction Materials: Block; Frame; Steel Siding Cooling: Central Air Current Use: Retail Electric: 100 Amp Service; 150 Amp Service; 200+ Amp Service; 220 Volts; Circuit Breakers Exterior Features: Lighting; Storage Flooring: Carpet; Concrete; Tile Foundation Details: Block Heating: Forced Air; Natural Gas; Radiant; Other Interior Features: Elevator Listing Terms: Cash; Conventional Owner Pays: None Parking Features: Common; Paved; Unpaved Possession: Close Of Escrow Possible Use: Commercial; Industrial; Office Rail Availability: None Road Frontage Type: Highway Roof: Composition Security Features: Security Gate Sewer: Private Sewer Special Listing Conditions: Real Estate Owned (REO) Tenant Pays: None Utilities: Electricity Available; Electricity Connected; Natural Gas Available; Natural Gas Connected; Phone Available; Sewer Available Water Source: Public Showing Requirements: 24 Hour Notice; Listing Agent Must Accompany

Contract Information

Auction YN
No
Original List Price
824900
Property Sub Type
Retail
Property Attached YN
No
Listing Agreement
Exclusive Right To Sell
Occupant Type
Vacant

Location Tax and Legal

Street Number
5540
Street Name
US Highway 6
County
Porter
State
IN
Postal Code
46368
Subdivision Name
None

Remarks and Miscellaneous

Public Remarks
An Incredible Retail or Development Opportunity! Recent updates to property! Completed Phase 1 and Phase 2. City sewer connected 2024. A 4080 square foot commercial building on two parcels for a total of 9.93 ac, and 340 ft of frontage. Located on US Hwy 6, with a daily traffic count of 18,305. The Commercial building has 1,085 sq ft of retail/showroom space, 302 sq ft office and 166 sq ft break room. In addition, there is a 2,142 sq ft heated FBI built shop/warehouse, 16 ft clear ceiling height, concrete floor, and 2 overhead doors. The property has two large road cuts onto US Hwy 6.

Status Change Information

Major Change Timestamp
2025-03-19T14:57:16Z
Major Change Type
Status Change
Price Change Timestamp
2024-02-18T02:38:04Z
Status Change Timestamp
2025-03-19
Offer Acceptance Date
2025-02-26
Close Date
2025-03-18
Close Price
675000
Concessions
Call Listing Agent
Buyer Financing
Cash

More Information

Building Features

Building Dimensions
51x38x17x63x34x101
Clear Ceiling Height
16
Office SqFt
302

Exemption Information

Exemption YN
Y

Frontage Type

Frontage Length
340

Income and Expenses

New Taxes Expense
6005

Showing Requirements

Showing Instructions
24 Hour Notice to Show. Call Listing Agents

Historical Information

Public Historical Remarks
Zoning: COMM, Utilities: On, Electrical Service: 120 Volts, Roof Structure: Gable, Fire Protect: Fire Extinguishers, Overhead Doors:
Listing Office: RE/MAX Lifestyles
Last Updated: March - 19 - 2025
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