321 Broadway
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321 Broadway
1,744 SF Retail Building Chesterton, IN 46304 $300,000 ($172/SF)
Investment Highlights
- Excellent Location
- Private Courtyard in Back
- Parking Available Around Building
Executive Summary
Two Story Building located in the retail-business district of downtown Chesterton. Former location of an established Chesterton restaurant. Well maintained and ready for a variety of businesses, retail or office. Furnished for a turn key restaurant, complete kitchen with ovens, ranges, sinks, walk-in cooler. All functional. One bath per floor and upstairs and downstairs bars. Large private courtyard and pourch provide expansive outdoor space for customers. All municipal utilities, 200 amp service. Located on a hard corner in downtown Chesterton with significant foot and automobile traffic (4,000 autos daily).
Financial Summary (Actual - 2023) |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
$5,653
|
$3.24
|
| Operating Expenses |
$1,000
|
$0.57
|
| Total Expenses |
$6,653
|
$3.81
|
Financial Summary (Actual - 2023)
| Taxes | |
|---|---|
| Annual | $5,653 |
| Annual Per SF | $3.24 |
| Operating Expenses | |
|---|---|
| Annual | $1,000 |
| Annual Per SF | $0.57 |
| Total Expenses | |
|---|---|
| Annual | $6,653 |
| Annual Per SF | $3.81 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
1,744 SF
Building Class
B
Year Built/Renovated
1914/2020
Price
$300,000
Price Per SF
$172
Tenancy
Single
Building Height
2 Stories
Building FAR
0.20
Land Acres
0.20 AC
Zoning
General Business - Provides for mostly any retail application and or office/medical.
Frontage
89 FT on Broadway Avenue
Walk Score ®
Very Walkable (76)
PROPERTY TAXES
| Parcel Number | 64-03-36-413-001.000-023 | Total Assessment | $222,200 |
| Land Assessment | $88,400 | Annual Taxes | $5,653 ($3.24/SF) |
| Improvements Assessment | $133,800 | Tax Year | 2023 Payable 2024 |
PROPERTY TAXES
Parcel Number
64-03-36-413-001.000-023
Land Assessment
$88,400
Improvements Assessment
$133,800
Total Assessment
$222,200
Annual Taxes
$5,653 ($3.24/SF)
Tax Year
2023 Payable 2024
-
Nick Sommer - Century 21 Alliance Group
(219) 462-2090
x213
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321 Broadway
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