# 5000 Central Avenue, Portage, IN 46368

> **TL;DR:** single family, $249,900 ($40/sqft), built 1947, 6,295 sqft. Est. $1,083/mo. Listed 1 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $249,900 |
| Price/sqft | $40 |
| Square Feet | 6,295 |
| Year Built | 1947 |
| Lot Size | 121,794 sqft (2.80 acres) |
| Property Type | Single Family (Other) |
| Status | For Sale |
| Days on Market | 1 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $1,083 |
| **Total** | **$1,083** |

## Property Highlights

- Built in 1947
- 2.80 acre lot
- 20 parking spaces

## Description

### 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!

## Location

- **Address:** 5000 Central Avenue, Portage, IN 46368
- **County:** Porter
- **Coordinates:** 41.574775, -87.221701
- **Google Maps:** https://www.google.com/maps?q=41.574775,-87.221701

## Listing Agent

- **Name:** David Whitehead
- **Brokerage:** RE/MAX Lifestyles
- **Phone:** 2197934416
- **Email:** david@davidwhiteheadrealestate.com

## Primary Photo

![5000 Central Avenue - Primary Photo](http://lh.rdcpix.com/a531cfa4ac006302d65a035ee9d6d9a9l-f2391375583r.jpg)

*23 total photos available on [listing page](https://www.propertysimple.com/listing/5000-central-avenue-portage-in-46368-n837427)*

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**MLS#:** 837427 | **Updated:** 2026-04-24
**Source:** listhub

*Copyright © 2026 Greater Northwest Indiana Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/5000-central-avenue-portage-in-46368-n837427)

---

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