5016 Melton RD, Portage, IN 46368
5016 Melton RD, Portage, IN 46368
5016 Melton RD, Portage, IN 46368
14
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$1,250,000
Est. payment /mo
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408 SqFt
Price Dropped by $750K

5016 Melton RD Portage, IN 46368

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Maurice Cornett

Maurice Cornett

+1(219) 781-1169

UPDATED:

Key Details

Property Type Commercial

Sub Type Business

Listing Status Active

Purchase Type For Sale

Square Footage 408 sqft

Price per Sqft $3,063

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

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Maurice Cornett

Maurice Cornett

Broker Associate License ID: 19001105, 3607323, 475.201736

+1(219) 781-1169

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5016 Melton RD