Property Listing No Longer Available for Sale

6500 Old Porter Rd, Portage, IN

Land for Sale - $399,000 - 32.5 acres


Property Info

CIMLS#968937
Location
  6500 Old Porter Rd
  Portage IN 46368
UpdatedJanuary 29th, 2020
TypeLand
Price$399,000
Land32.5 acres

Property Description

32.50 Acres of infill residential land located in Portage, IN. Land is priced to sell quickly at very low cost/acre compared to recently sold parcels in Portage. Property has two points of access, one being on Melton Rd and the other on Old Porter Rd. Land is currently zoned Highway Commercial on the Melton Rd frontage and R1 for the remainder of the property. Property is 10 minute drive to South Shore Station for Chicago Commuters. Property is also in close proximity to downtown Portage where they are building a new 300+ unit apartment/mixed use downtown center.

Location Description:

Residential land located within very close proximity to I-94 & SR249 exit in Portage, Indiana. Property located within close proximity to the Ameriplex at the Port development. AmeriPlex is a 385 acre business park home to over 50 businesses and over 4,000 employees. It includes Bass Pro Shops, Longhorn Steakhouse, Country Inn & Suites, Starbucks, and many others.

Portage itself is a city in Portage Township, Porter County, iN. The population was 36,828 as of the 2010 census and it is the largest city in Porter County, and third largest in Northwest Indiana. Portage offer a wide variety of park services, from sports leagues, to crafts, to hiking and water sports. The Sammie L. Maletta Public Marina offers boat launch and slips for public use. The marina opens to the Burns Waterway and has access to nearby Lake Michigan.

Highlights:

>> Great Infill Location

>> Close to South Shore Train Station

>> Low Price/Acre Compared to Sold Comps

>> Less than 5 Minutes to I-94 & SR-249 Interchange

>> 10 Minute Drive to Lake Michigan Beaches, Parks, etc.


Financials


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