Lake Station, IN 46405,2318 Central Avenue
Lake Station, IN 46405,2318 Central Avenue
2
$275,000
$330,000
16.7%
Est.Price: ?

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5,200 SqFt

2318 Central Avenue Lake Station, IN 46405

Est. payment /mo
SOLD DATE : 10/03/2025

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Key Details

Sold Price $275,000

Property Type Commercial Sale

Sub Type Retail

Listing Status Sold

Purchase Type For Sale

Square Footage 5,200 sqft

Price per Sqft $52

MLS Listing ID 827248

Year Built 1968

Annual Tax Amount $7,218

Tax Year 2023

Lot Size 0.506 Acres

Property Sub-Type Retail

Property Description

Atlas Transmission has been wrenching away in Lake Station since 1968, and for the first time in over half a century, the doors to this landmark are swinging open for a new owner. That's right--real estate is on the market, and the business itself is negotiable for the right buyer.The property delivers a full-service setup: a 400 sq ft office/waiting area for customers and an impressive 4,800 sq ft auto service area built for serious work. Inside, you'll find 6 lifts (5 two-post and 1 four-post), dedicated transmission service tables, and plenty of room to keep business humming.This is more than just a garage--it's a local institution with decades of trust baked into the concrete. Sitting on a 0.51-acre paved lot, it's ready for the next chapter, whether you're an investor, a seasoned shop owner, or a bold entrepreneur ready to carry on the Atlas Transmission legacy.

Location

State IN

County Lake

Interior

Heating Natural Gas

Cooling None, Other

Flooring Concrete

Exterior

Exterior Feature None

Utilities Available Electricity Connected, Water Connected, Natural Gas Connected

Roof Type Other

Building

Lot Description Paved

Story 1

Structure Type Brick

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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Listed by Brokerworks Group
Bought with New Chapter Real Estate

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Dennis & Karen

Dennis & Karen

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+1(219) 213-3346

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