5000 Central Avenue , Portage, IN 46368

$249,900
  • 5000 Central Avenue , Portage, IN 46368 Main Photo

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New to the Market Active
SQUARE FEET6,295 MLS#837427
STATUSActive PROPERTY TYPECommercial - Business

Property Description

Prime commercial opportunity on Central Avenue in Portage! Situated on approximately 2.796 acres, this property offers outstanding visibility and access along one of the area's main corridors. The site features a 6,200 sq ft building with a functional layout, including a retail storefront in the front and warehouse space in the rear--ideal for a wide range of business operations or mixed-use concepts. Zoned Neighborhood Commercial through the City of Portage, this property provides exceptional flexibility with permitted uses such as low-intensity retail sales, personal service businesses, contractor office/showroom space, general and financial offices. In addition, special exception uses open the door to even more possibilities, including restaurants, gas stations, car washes, auto service centers, contractor office/warehouse combinations, child care centers, and accessory outdoor storage. The building does require repairs, presenting a strong value-add opportunity for investors or owner-users looking to renovate and customize the space. An investor can reposition the asset by improving the building and leasing out the retail and warehouse components for potential income generation. With nearly 3 acres of land, there is ample room for parking, equipment storage, or future expansion. Whether you're looking to establish, expand, or create a long-term investment, this property offers the size, zoning, and location to make it happen. Schedule your showing today!

5000 Central Avenue | MLS# 837427

This commercial property located at 5000 Central Avenue , Portage, IN 46368 is currently listed for sale with an asking price of $249,900. Search Portage real estate on heatherhemphill.ikeyrealty.com today.

Property Features

Property Type: Commercial - Business
Heating: Natural Gas
Lot Size: 2.80 Acres
Taxes: $3,597
Year Built: 1947

Appliances

None

Feature Descriptions

Days on Site: 3
Lot: Back Yard, Front Yard
Parking Features: Additional Parking, Gravel
Sewer: Public Sewer
Water: Public

Listed By / Shown By

Listed By

Agency Name: RE/MAX Lifestyles
Agency Phone: (219) 462-2121

Shown By

Agent Name: Heather Hemphill
Agent Phone: Cell: (317) 491-2582
Agency Title: Key Realty

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