301 Grant AVE, Chesterton, IN 46304
301 Grant AVE, Chesterton, IN 46304
301 Grant AVE, Chesterton, IN 46304
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$424,900
Est. payment /mo
5,202 SqFt
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Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 5,202 sqft

Price per Sqft $81

MLS Listing ID 848303

HOA Y/N No

Year Built 1961

Annual Tax Amount $8,415

Tax Year 2025

Lot Size 0.790 Acres

Acres 0.79

Property Sub-Type Retail

Property Description

ALL ABOARD! An opportunity to get a piece of Chesterton's history back on track! Located near the heart of historic downtown Chesterton, this one-of-a-kind commercial property features four former South Shore Line passenger train cars, each serving as its own commercial unit, connected by a central building (4 year old roof). Originally brought to this location in 1984, the train cars have been part of Chesterton's history for over 40 years. Once known as Chesterton Station, the property has been home to a variety of businesses over the years, including restaurants, retail shops, an art salon, a printing business, and office space.Today, the property presents a unique opportunity for investors, entrepreneurs, and business owners looking to bring new life to this historic location. With four individual units, investors have the potential to establish multiple streams of rental income under one ownership, while owner-occupants could operate their own business and lease the remaining spaces. Its distinctive layout, outdoor decking, and prime location offer exciting possibilities for a restaurant, cafe, boutique shops, entertainment destination, or a combination of businesses, creating something truly memorable. Located within Chesterton's Riverfront Development District, the property also offers qualifying restaurant operators the opportunity to apply for a special riverfront liquor permit, subject to eligibility and approval. A property with history, character, and untapped potential. Now it's time for the next owner to bring these train cars back to life!

Location

State IN

County Porter

Zoning Commercial

Rooms

Basement Crawl Space, Unfinished, Storage Space, Other

Interior

Interior Features Entrance Foyer, Other, High Ceilings

Heating Forced Air, Zoned

Fireplace N

Appliance None

Exterior

Exterior Feature Lighting, Storage, Rain Gutters, Private Yard, Other

Parking Features Oversized, On Street, Asphalt, Additional Parking, Paved

View Y/N true

View City, Other

Accessibility Accessible Doors, Accessible Approach with Ramp, Accessible Full Bath

Handicap Access Accessible Doors, Accessible Approach with Ramp, Accessible Full Bath

Building

Lot Description Back Yard, Rectangular Lot, Front Yard, Corner Lot

Sewer Public Sewer

Water Public

Schools

School District Duneland School Corporation

Others

Tax ID 640336408001000023

Security Features Carbon Monoxide Detector(s),Security System,Security Lights,Smoke Detector(s)

Acceptable Financing NRA20261110195839937221000000

Listing Terms NRA20261110195839937221000000


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Listed by Listing Leaders • Nikola Trajceski

Nearby Locations

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Justin Hanuscin

Justin Hanuscin

+1(219) 688-3941

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