Property Listing No Longer Available for Sale

400 Council Drive, Chesterton, IN

Land for Sale - $2,750,000


Property Info

CIMLS#7057
Location
  400 Council Drive
  Chesterton IN 46304
UpdatedMarch 21st, 2018
TypeLand
Price$2,750,000

Property Description

Available from 2-14 Acres at $5.00/SF or the total acres of 14.583 at $2,750,000, fronting along the east side of State Route 49, south of Indian Boundary, between the Best Western Motel and the Conrail RR tracks to the south. The site is accessed via two streets, Council Drive and Michael Drive, both of which presently terminate into the property and have all utilities available at each point. Excellent development/investment opportunity to connect the two streets and subdivide the property into multiple lots. The property is well suited to accomodate a wide range of commercial uses including hotel/motel, retail, office, medical or for a senior assisted living center. The Town of Chesterton has recently completed a market study identifying several services which the residents would like to have located in Chesterton, inquire for details.Located in the heart of Chesterton's most active commercial development zone, the area surrounding Indian Boundary Road at the I-94 & State Route 49 interchange. The site has great access to SR 49, I-94, I-80/90 and the South Shore Railroad. The site is neqar the new Jewel/Osco store, K-Mart, Applebee's, Kramer-Leonard Office Supply and the Duneland Health & Wellness institute adjoins the southeast edge of the property. Sand Creek Country Club is located 1 mile southeast. Indian Oak Inn and Walgreen's located 1 mile to the west.


Financials



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