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Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
24340651
24340652

5959 US-6, Portage, IN 46368 For Sale

JM
IN INDIANA | RB14051634
EXP Commercial
Listed by EXP Commercial
$1,000,000
198 days on market
Updated 93 days ago

5959 US Highway 6 Portage, IN 46368

Details
Property Type Office, Retail
Sub Type Bank, Creative Office (+1)
Square Footage 2,570
Net Rentable (SqFt) 2,570
Cap Rate 5.32%
NOI $53,184
Occupancy 100%
Tenancy Single
Lease Expiration 03/01/2029
Remaining Term 3
Year Built 1979
Year Renovated 2023
Buildings 1
Stories 1
Acreage 1.000
Investment Type Owner/User
Lease Commencement 03/01/2023
Occupancy Date 08/01/2025

Drive - Thru retail, office, QSR possibility

Marketing description

High-Visibility Commercial Building on US Hwy 6 | 2,570 SF on 1+ Acre | 21K Daily Traffic | Portage, IN

Position your business for success with this freestanding commercial building located directly on US Highway 6, offering exceptional visibility and over 21,000 vehicles per day. Situated on 1.079 acres, the property offers over 2,500 square feet of flexible space—perfect for owner-users in medical, financial, office, retail, or service-based industries.

With ample land for parking, signage, or future expansion, this single-story building is ready for your vision. Whether you're looking to operate your business here, redevelop the site, or upgrade and lease out, the layout and lot size offer a wide range of possibilities.

Note: The property is currently occupied, with the tenant operating under a six-month notice provision. This provides a rare combination of near-term income and clear flexibility, allowing a new owner to either retain the tenant or reposition the space within a defined and manageable timeline.

Investment highlights

Property Highlights:

  • Address: 5959 US Highway 6, Portage, IN 46368

  • Building Size: 2,570 SF (single story)

  • Lot Size: 1.079 Acres

  • Traffic Count: 21,000+ vehicles per day

  • Utilities: Buyer to verify water/sewer access

  • Use Options: Ideal for medical, financial, professional services, retail, or redevelopment

  • Surroundings: Centrally located in a growing corridor with nearby commercial and residential development

Listing Contacts

JM
IN INDIANA | RB14051634
EXP Commercial
Listed by EXP Commercial

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$53,184.00
$4,432.00/mo

Valuation Metrics

0
DSCR
5.32%
Cap Rate
5.32%
ROI

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Additional Information

Name
John Mathewson
License
INDIANA | RB14051634
Brokerage
Exp Commercial
Brokerage Phone
2197819547
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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