503 Lincolnway

Share this listing

Pre-formatted captions, a short link, and a QR code — ready to paste.

Share image
Sized for LinkedIn · 1200×627 — matches the caption above.
Rendering preview…

503 Lincolnway

La Porte, IN 46350
Asking Price
$125K
Asset Type
Retail
Class
Class B

What's Special

503 Lincolnway is situated in the historic downtown district of La Porte, Indiana. The property benefits from its position along a primary east-west thoroughfare, providing steady vehicular visibility and pedestrian access. The surrounding neighborhood features a mix of local administrative offices, professional services, and established small businesses. Nearby amenities include the La Porte County Courthouse, various local eateries, and community parks. The location is accessible via several regional roadways, facilitating transit to and from neighboring residential pockets and the greater Michigan City area. The building is suited for a variety of commercial applications, including boutique retail shops, specialty showrooms, or customer-facing service providers. Given the downtown setting, the asset is well-positioned for tenants seeking a storefront with localized visibility and proximity to the city’s civic core. Typical tenant profiles for this space include independent retailers, fitness studios, or professional firms requiring a retail-style entrance to serve a local client base. The layout offers flexibility for businesses focused on community engagement and walk-in trade.

Free Valuation Calculator

No login required

Run the numbers on this deal. All calculations are estimates — verify with your lender and accountant.

NOI
$80,000
Cap Rate
64.00%
DSCR
10.78
Strong
Cash-on-Cash
193.54%
Monthly Payment
$618.432
Annual Cash Flow
$72,578.818

Location & Travel Times