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This 1.1-acre commercial lot, situated in the Railside Business Park in Cedar Lake, Indiana (Lake County, zip code 46303, address 13861 Alexander St), presents a prime development opportunity. Zoned B-3 (M1 light industrial), this parcel is part of a 28-site development, fully serviced with roadways and utilities ready for 2024 construction. The property's B-3 zoning allows for a wide range of uses, including retail, restaurants, professional services, banks, gyms, grocery stores, daycare/senior/assisted living centers, liquor sales, building materials businesses, amusement and entertainment venues, pools, skating rinks, clubs, hotels/lodges, and machinery rental. Multiple lots can be combined for larger developments, with a maximum of three buildings permitted per combined site. The park boasts excellent interstate connectivity, providing easy access to I-65 via the Route 41/Route 231 and Route 2 interchange, as well as convenient access to Route 10/Route 114, offering connections to Illinois. Route 41 provides north-south access, connecting to Chicago and points south. This is a rare opportunity to acquire a develop-ready lot in a thriving area with diverse permitted uses. The asking price is $357,300.
Highlights
1.1-acre commercial lot in Cedar Lake, IN (46303), located at 13861 Alexander St, within the Railside Business Park.
B-3 (M1 light industrial) zoning allows diverse uses including retail, restaurants, and various other commercial ventures.
Fully serviced lot ready for 2024 construction, part of a 28-site development with excellent interstate access via I-65 and major state routes.
Multiple lots combinable for larger developments, with a maximum of three buildings permitted per combined site.
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