Listing provided courtesy of Integrity Realty PartnersNorthwest Indiana MLSas Distributed by MLSGrid- MLS# 833831MLS Provider

3253 Minnesota StreetLake Station, IN 46405

Commercial · 4,396 Sq. ft. | 1.11 Acres
$115,000 Active

3253 Minnesota Street Overview

Time on Site:
139 days
Visits:
3

Rare Multi-Use Property with Exceptional Commercial Potential Near Rosser Park Discover a unique opportunity to own a versatile property offering both commercial and residential space, perfectly positioned just a few hundred yards from Rosser Park. This estate provides outstanding potential for business owners, investors, or anyone looking to combine work, living, and expansion opportunities in one location. Property Highlights: Two-Story Commercial Building: Ideal for a wide range of uses including retail, office space, studio, or service-based business. Offers excellent potential for an owner-operator or rental income. Two-Story Residential Home: Spacious fixer-upper with new roofs and updated upstairs windows, offering strong value-add potential as a residence or additional income source. Oversized Detached Garage: Perfect for storage, workshop use, or equipment. New 6-Foot Chain Link Fence: Enhances security and privacy across the property. Over 1 Acre of Land: Ample space for parking, outdoor operations, recreation, gardening, or future improvements. Location Benefits: Situated near Rosser Park, this property enjoys a convenient yet peaceful setting that attracts both residential and commercial interest. Its size, layout, and location make it a standout option for buyers seeking flexible usage and strong long-term potential. Investment Opportunity: With multiple buildings, spacious land, and a prime location, this property is well-suited for business expansion, live/work setups, or creative redevelopment. A rare chance to secure a multi-use property with significant upside.

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3253 Minnesota Street Facts & Features

  • Type Commercial
  • Sq. ft. 4,396
  • Price/Sq.ft. $26
  • Lot 1.11 Acres

Details

General

Association/HOA

  • Common Interest: None

Building Information

  • Year Built: 1946

Location/Region

  • County Or Parish: Lake
  • Township: Hobart

Tax Information

  • Tax Annual Amount: 2785
  • Tax Year: 2024

General Information

  • Listing Terms: Cash
  • Parcel Number: 450823255004000020
  • Property Sub Type: Mixed Use
  • Property Type: Commercial Sale
  • Special Listing Conditions: Standard

Interior

Building Interior

  • Building Area Source: Assessor

General Information

  • Appliances: None
  • Basement: false
  • Building Features: Mixed Use
  • Electric: 100 Amp Service
  • Heating: None
  • Living Area: 4396

Exterior

Parking Information

  • Parking Features: Off Street,Additional Parking,Heated Garage,Garage Faces Side,Alley Access
  • Parking Total: 10

Lot Information

  • Lot Features: Back Yard,Few Trees
  • Lot Size Acres: 1.105
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 48134
  • Water Source: Public

Waterfront/View

  • View: Lake,Water
  • Waterfront: false

General Information

  • Exterior Features: Private Yard
  • Sewer: Public Sewer
  • Utilities: Electricity Available,Water Available,Sewer Available,Natural Gas Connected

3253 Minnesota Street Neighborhood

Community

46405 (Lake Station) Demographics

37
Median Age
1,191
Population Density (per sq. mile)
14%
College Educated
$46,824
Estimated Median Income
2,591
Estimated Total Home Owners
1,183
Estimated Total Renters
69% / 31%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

3253 Minnesota Street Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

3253 Minnesota Street Market Data

Based on the last 30 days in this zip code

$204,940
Average List Price
$139
Average Price per Square Foot
7
Properties Sold
68
Average Days on Market
39
Properties for Sale
Calculations provided by Reliance Network

3253 Minnesota Street History

Date Event Value Agent
6/14/2026Source: Northwest Indiana MLS Price Reduction
$115,000 -14.8%
2/10/2026Source: Northwest Indiana MLS Added to Database
February 10, 2026