2200-2235 Ripley Street

For Sale

2200-2235 Ripley Street, Lake Station, IN 46405

This Lake Station property for sale is located at 2200-2235 Ripley Street. The current listed sale price for 2200-2235 Ripley Street is $295,000. 2200-2235 Ripley Street is situated on a lot that is 0.4 acre in size.

Contacts

broker

Ryan Peters

StreetFront Real Estate

Property Details

  • Property Type Retail - Street Retail
  • Property Size 2,142 SF
  • Lot Size 0.4 Acre
  • Additional Rent Contact for pricing
  • Year Built 1952
  • Date Updated Jul 17, 2024
Situated 0.3 miles from the central artery of I-80/94, this major highway experiences a daily traffic count of 82,370 vehicles. This exposure to such a high number of commuters and travelers presents an invaluable opportunity for businesses to capture the attention of a diverse and extensive audience. Ripley Street has a daily traffic count of 24,864 vehicles, which provides excellent visibility for any business. The properties are surrounded by national retail entities like Burger King, Dunkin, Walgreens, Subway, Wendy's, and more.This unique commercial real estate investment opportunity has many possibilities. Located 0.3 miles from 80/94, the two combined properties allow for 170 feet of frontage on highly trafficked Ripley Street. They would be ideal for a redevelopment project, investor, or a business looking to owner-occupy with an additional income-producing property. The building to the north is 1,344 SF and was constructed in 1952. It has been home to a successful retail business for over 25 years. The tenant currently pays $2,000/ month plus utilities. The property to the south is 798 SF. The building has seen significant upgrades, including a newer roof and siding. The main floor has an open floor plan, a remodeled reception area, and a bathroom. The full basement offers a kitchenette, laundry hookup, and room for storage or additional business operations. The two properties share a paved parking lot and a combined tax bill of $3,641.18.

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Highlights

  • Redevelopment/ Investment Opportunity
  • 0.3 Miles From I80/94
  • 100 Feet Of Frontatge
  • Daily Traffic County 24,864
  • Combined Taxes of $3,641.18

Getting around

  • 64/100

    Walk Score ®

  • 46/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Lake Station, IN
  • Neighborhood Lake Station
  • Zip Code 46405
  • Market Chicago

Points of Interest

  • Gary Metro Center

    5.45 miles

  • Pilot

    0.10 miles

  • TA #219 - Lake Station

    0.93 miles

  • Speedway

    0.97 miles

  • BP

    1.35 miles

  • AmpUp

    2.16 miles

  • Luke

    2.36 miles

  • Citgo

    2.36 miles

  • RaceWay

    2.38 miles

  • ChargePoint

    3.54 miles

  • Tesla Supercharger

    9.22 miles

  • car parking

    1.42 miles

  • truck parking

    1.48 miles

  • Coke Plant Lot

    4.65 miles

  • Sinter Plant Lot

    4.79 miles

  • A Lot

    5.03 miles

  • B Lot

    5.21 miles

  • Seniority Lot

    5.30 miles

  • 1 BOP Lot

    5.35 miles

  • Medical Lot

    5.39 miles

  • Village Mall parking

    6.32 miles

  • Denny's

    0.78 miles

  • Little Caesars

    1.69 miles

  • Pizza Hut Delivery

    1.79 miles

  • White Castle

    1.81 miles

  • Beggars Pizza

    1.81 miles

  • KFC

    1.82 miles

  • McDonald's

    1.95 miles

  • Subway

    1.99 miles

  • Tequila and Tacos

    2.06 miles

  • The Brass Idol

    2.10 miles

  • Strack & Van Til

    1.68 miles

  • ALDI

    3.12 miles

  • Meijer

    3.45 miles

  • Walmart Supercenter

    3.73 miles

  • Kohl's

    4.41 miles

  • Save More Foods

    5.14 miles

  • Al's

    5.41 miles

  • Fresh County Market

    6.29 miles

  • The Village Mall

    6.38 miles

  • Save-A-Lot

    6.42 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Ryan Peters

StreetFront Real Estate