Contacts

Ryan Peters

Street Front 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 Dec 10, 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.

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

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

Attachments

Brochure (PDF) opens in new window

Getting around

64/100
Walk Score ®
46/100
Bike Score ®

Powered by Walk Score ®

City Lake Station, IN
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.

2200-2235 Ripley Street