14
See all 14 photos
$2,000,000
Est. payment /mo
408 SqFt
New
5016 Melton RD Portage, IN 46368
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Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
Square Footage 408 sqft
Price per Sqft $4,901
MLS Listing ID 846169
HOA Y/N No
Year Built 1988
Annual Tax Amount $2,582
Tax Year 2024
Lot Size 1.770 Acres
Acres 1.77
Property Sub-Type Business
Property Description
A rare opportunity to own a piece of Portage history and a highly visible commercial property! For 37 years, this location was home to the well known and beloved Depot Dog, a longtime local destination serving generations of Northwest Indiana residents and visitors. The property offers the unique opportunity to bring the Depot Dog concept back to life or reimagine this exceptional site for an entirely new use. Situated on nearly 2 acres along heavily traveled Melton Road/US-20, the property offers outstanding visibility, easy access, and approximately 10,500-13,500 vehicles passing the site daily. A traffic light near the property provides excellent access and exposure, while the convenient location just minutes from I-94 and the Indiana Toll Road creates connectivity throughout Northwest Indiana and beyond. With its proximity to Lake Michigan, area beaches, industry, residential communities, and major transportation routes, this location draws both local and destination traffic. The site offers exciting possibilities for a restaurant, gas station/convenience store, retail establishment, drugstore, franchise concept, or other commercial development, subject to applicable zoning and approvals. Whether preserving the legacy of an iconic Portage business or developing something entirely new, opportunities like this are difficult to duplicate. Nearly 2 acres, strong daily traffic counts, highway accessibility, high visibility, and decades of name recognition combine to make this a standout commercial opportunity in a strategic Northwest Indiana location. Property sustained storm damage. Some photos reflect pre-storm condition.
Location
State IN
County Porter
Interior
Heating None
Fireplace N
Exterior
Parking Features Attached, Gravel
View Y/N true
Building
Sewer Septic Tank
Water Public
Others
Tax ID 640503355001000016
Acceptable Financing NRA20261001170630306257000000
Listing Terms NRA20261001170630306257000000
Listed by Listing Leaders Stately, LLC • Tiffany Wallen
NEARBY SCHOOL & BUSINESS
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