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3446 Central Ave
Lake Station, IN 46405
Long John Silvers · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Fast Food
Building Size
2,690 SF
Building Class
C
Year Built
1977
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.72 AC
Parking
45 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
159’ on Central Ave

AMENITIES

  • Pylon Sign
  • Drive Thru

ABOUT 3446 CENTRAL AVE , LAKE STATION, IN 46405

The subject investment property is situated along Central Avenue, which serves as an access road to Ripley Street and runs parallel to Interstate-94. Ripley Street boasts average daily traffic counts exceeding 29,000 vehicles respectively, while Interstate-94 brings an additional 89,239 vehicles into the immediate area. There are more than 49,900 individuals residing within a three-mile radius of the property and more than 101,100 individuals within a five-mile radius. The subject property benefits from being well-positioned within Lake Station’s main retail corridor. The immediate surrounding area consists of national and local tenants, outlets, and numerous banks, all within close proximity of this property. Major national tenants include: Walgreens, Dollar General, Family Dollar, Ace Hardware, Wendy’s, Burger King, Chase Bank, and more. This Long John Silver’s also benefits from being 35 miles from Chicago Midway International Airport. Chicago Midway International Airport is a major commercial airport on the southwest side of Chicago, Illinois. Today, Chicago Midway is the second-largest airport in Chicago metropolitan area and the state of Illinois, serving over 22 million passengers annually. Lake Station is a city in Lake County, Indiana. Initially, the site of modern Lake Station was the starting point of two Amerind trails leading to Fort Dearborn. Later it became an early stagecoach depot stop, as the Fort Dearborn Stagecoach Route passed through the site during the wet season. Although Lake Station remains as a residential community, some major employers are the Sun Engineering Company and Pro-Chem-Co, Inc. However the area has a strong railroad industry. Lake Station’s busiest rail line is CSX Transportation’s Porter Subdivision. The Chicago, Fort Wayne and Eastern Railroad also runs through Lake Station, crossing at Liverpool Road. The Joliet Line of the Michigan Central Railroad once ran through Lake Station, along Fairview Road and through Liverpool near where the CF&E crosses Liverpool Road. The Fairview Walkway now occupies the right of way between Fayette Road and Grand Boulevard.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
45-09-17-276-007.000-021
Land Assessment
$226,700
Improvements Assessment
$509,700
Total Assessment
$736,400
  • Listing ID: 16588975

  • Date on Market: 7/11/2019

  • Last Updated:

  • Address: 3446 Central Ave, Lake Station, IN 46405

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