USAINPortage5000 Central Ave
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$249,900

For Sale

5 hours ago

5000 Central Ave, Portage, IN

House

MLS® 837427

0 Bed

0 Bath

6295 sqft

20 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type Mixed Use
Levels Commercial Sale
Size 6295 sqft
Garage 
Taxes $3,597
Days Active 0
Lot Size 
Approx. Age 1947
Avg. Price Per Sqft $39
MLS® Number 837427

Property Address: 5000 Central Ave, Portage, IN, 46368

Average square foot calculated using Size range provided by listing agent.

Description

Prime commercial opportunity on Central Avenue in Portage! Situated on approximately 2.796 acres, this property offers outstanding visibility and access along one of the area's main corridors. The site features a 6, 200 sq ft building with a functional layout, including a retail storefront in the front and warehouse space in the rear--ideal for a wide range of business operations or mixed-use concepts. Zoned Neighborhood Commercial through the City of Portage, this property provides exceptional flexibility with permitted uses such as low-intensity retail sales, personal service businesses, contractor office/showroom space, general and financial offices. In addition, special exception uses open the door to even more possibilities, including restaurants, gas stations, car washes, auto service centers, contractor office/warehouse combinations, child care centers, and accessory outdoor storage. The building does require repairs, presenting a strong value-add opportunity for investors or owner-users looking to renovate and customize the space. An investor can reposition the asset by improving the building and leasing out the retail and warehouse components for potential income generation. With nearly 3 acres of land, there is ample room for parking, equipment storage, or future expansion. Whether you're looking to establish, expand, or create a long-term investment, this property offers the size, zoning, and location to make it happen. Schedule your showing today!
MLS® Number837427
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1947
Basement
DrivewayAdditional Parking, Gravel
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Apr 20, 2026List Date
$249,900List Price
  • Commute

Commute

Starting Address
Destination Address
5000 Central Ave, Portage, IN

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