Retail Space
512 West Cleveland Road Granger, IN 46530
Details & Description
Price: $1,900,000
    Prominent Retail Building located in a high traffic area. This nearly 11,000 SF former restaurant building sits on 2.53 acres with over 250 feet of frontage on Cleveland Road (Indiana State Road #23) and features 170 parking spaces. The building includes multiple dining areas, large bar, and a large kitchen with multiple walk-in coolers/freezers. All electric in the facility has been updated within the last two years. The property faces University Park Mall, the largest regional mall in Northern Indiana, and sits at a lighted intersection that sees in excess of 29,079 cars per day.
    Property ID:    234878
    Property URL: melqr.com/234878
    Generated:    04-25-24
    Property Highlights
    Additional Photos
    Listing Agents
    John Mester

    O: 574-485-1501
    M: 574-274-7675
    jmester@cressy.com
    Christopher Barth

    O: 574-485-1553
    M: 574-261-1797
    cbarth@cressy.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.
    Retail Space / Indiana / Granger / 46530 / 512 West Cleveland Road

    512 West Cleveland Road

    Granger, IN 46530

    Listing ID: 234878
    Print Single-Page Version
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    Building Size: 10,901 SF
    Lot Size: 2.530 AC
    Land Size: 110,206 SF
    Building $/SF: $174.30
    Land $/SF: $17.24
    Price
    $1,900,000
    Property Highlights
    170 on-site parking spaces
    Possible future redevelopment site
    Traffic counts: 29,079+ AADT
    High visibility in University Park Trade Area
    Large dining and bar area
    Description

    Prominent Retail Building located in a high traffic area. This nearly 11,000 SF former restaurant building sits on 2.53 acres with over 250 feet of frontage on Cleveland Road (Indiana State Road #23) and features 170 parking spaces. The building includes multiple dining areas, large bar, and a large kitchen with multiple walk-in coolers/freezers. All electric in the facility has been updated within the last two years. The property faces University Park Mall, the largest regional mall in Northern Indiana, and sits at a lighted intersection that sees in excess of 29,079 cars per day.

    Attachments & Files
    flyer-16454-0-CZE-ppo.pdf

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     

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    Granger Area Market Trends

    Listing Demographics for 512 West Cleveland Road Granger, IN 46530

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population4,85452,202133,853
    Population Median Age423938
    Population by Age0-9 Yrs523 (10%)5317 (10%)14933 (11%)
    10-19 Yrs548 (11%)7460 (14%)20362 (15%)
    20-29 Yrs517 (10%)8877 (17%)23355 (17%)
    30-39 Yrs738 (15%)6222 (11%)15913 (11%)
    40-49 Yrs468 (9%)5867 (11%)15344 (11%)
    50-59 Yrs635 (13%)5982 (11%)15318 (11%)
    60-69 Yrs677 (13%)6428 (12%)15339 (11%)
    70+ Yrs747 (15%)6049 (11%)13289 (9%)
    Median HH Income$65,833$57,050$52,482
    Total Household Income< 24K321 (15%)4401 (20%)11605 (22%)
    25-49K440 (21%)5029 (23%)12891 (25%)
    50-74K404 (19%)3494 (16%)9258 (18%)
    75-99K271 (13%)2230 (10%)5730 (11%)
    100-199K427 (21%)4243 (20%)8697 (17%)
    200K+166 (8%)1631 (7%)2888 (5%)
    Highest Education LevelNo Diploma15225028375
    Diploma or GED728784022534
    Some College611651716902
    Assoc. Degree41325796757
    Bachelors Degree969814817227
    Higher Degree720705713598
    Total Housing Units2,28524,34059,781
    --Owner-Occupied1,37812,49632,235
    --Renter-Occupied6518,53218,833
    Owner-Occupied Values< 100K159219610953
    100-199K805548812673
    200-299K26626164464
    300-399K12111872111
    400-499K12406733
    500K+156031300
    Total Working Age Population3,98143,163108,457
    In Work Force2,53926,55668,113
    Not In Work Force1,44316,60740,344
    Workforce Employed2,46425,48764,934
    Workforce Unemployed751,0063,064
    Civlian Workforce2,53926,49367,998
    Military Workforce063114
    Total Households2,02921,02851,068
    Family Households1,24112,12529,860
    Non-Family Households7888,90321,208
    Married Couple1,0099,56722,038
    Other Family2322,5587,822
    Married w/Child3323,5098,841
    Single Male w/Child42361955
    Single Female w/Child741,0943,385

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Indiana6,080,485+76,483,802+46,738,573+47,014,880
    St. Joseph County265,559+1266,931+1269,113+1271,912
    Michigan9,938,444-19,883,640+110,023,423+410,424,510
    Berrien County162,453-3156,813-2153,154+2156,590
    Cass County51,104+252,293-251,383+353,143

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 512 West Cleveland Road in Granger?
    The asking price for 512 West Cleveland Road is $1,900,000
    What is the building size of this Retail property in Granger, IN?
    The size of the building/unit at 512 West Cleveland Road in Granger is 10,901 square feet
    How much land does the Granger, IN property at 512 West Cleveland Road include?
    512 West Cleveland Road in Granger includes 2.530 acres of land
    What kind of Retail is the propery at 512 West Cleveland Road?
    The property at 512 West Cleveland Road Granger, IN 46530 is listed as a Food Service Retail property
    What is the population within 1 mile of 512 West Cleveland Road in Granger?
    The population within 1 mile of 512 West Cleveland Road Granger, IN 46530 is 4,854 people.
    Who do I contact for questions about 512 West Cleveland Road?
    You should contact the listing agent, John Mester, for any details regarding this commercial listing.

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    Closest Commercial Airports

    Airport Distance (mi)
    South Bend Regional Airport (SBN) 7
    Fort Wayne International Airport (FWA) 73
    Chicago Midway International Airport (MDW) 81
    Price
    $1,900,000
    Listing Agent
    John Mester - CRE Agent at

    John Mester

    NAI Cressy

    VIEW AGENT PROFILE

    CONTACT AGENT

    Listing Co-Agent
    John Mester - CRE Agent at

    Christopher Barth

    NAI Cressy
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