2502 Calumet Ave - Restaurant Space

For Lease

2502 Calumet Ave, Valparaiso, IN 46383

You can currently find 1 retail space(s) available for lease at 2502 Calumet Ave - Restaurant Space. Designated use type for space listed here includes restaurant. Current retail listings at this property total 2,059 square feet. Lease type options include NNN. Expand the listing and property details below for additional information on leasing opportunities at 2502 Calumet Ave - Restaurant Space.

Space Available For Lease 1

Contacts

Julia Turner

Latitude Commercial Real Estate

Property Details

  • Property Type Retail - Street Retail
  • Property Size 6,050 SF
  • Units 3
  • Lot Size 0.57 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 1992
  • Date Updated Aug 18, 2026
Positioned just south of the Vale Park Avenue & Calumet Avenue roundabout, this location benefits from direct frontage and access on both Roosevelt Avenue and Calumet Avenue, with strong visibility from both roads and estimated traffic counts of roughly 20,000+ vehicles per day. The property sits within a busy multi-tenant retail center alongside established co-tenants including Nekter Juice Bar and Ivy Rehab Physical Therapy, driving consistent cross-traffic from health, wellness, and food-service customers. The surrounding Calumet Avenue corridor is one of Valparaiso's primary retail and commercial arteries, connecting directly to US-30 and giving tenants easy access to the broader Valparaiso and Porter County trade area. The site is centrally located near Valparaiso's core residential neighborhoods and commercial nodes, offering strong daytime population, steady vehicle and pedestrian traffic, and convenient access for both dine-in and takeout/delivery customers.A 2,059 SF second-generation restaurant space, currently operating as Teriyaki Madness, offering a fully built-out commercial kitchen which includes a walk-in cooler, large hood, 3-bowl commercial sink, and vegetable washing sink ready for a new or existing food service concept. The space is well-suited to a quick-service or fast-casual operator looking to minimize build-out time and cost by stepping into existing kitchen infrastructure. Positioned in a high-traffic, multi-tenant retail center just south of the Vale Park Avenue & Calumet Avenue roundabout, with frontage and access on both Roosevelt and Calumet Avenues and traffic counts of roughly 20,000+ vehicles per day, the site offers strong visibility and steady customer flow alongside co-tenants including Nekter Juice Bar and Ivy Rehab Physical Therapy.
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Highlights

  • 2,059 SF second-generation restaurant space
  • Co-tenants include Nekter Juice Bar and Ivy Rehab Physical Therapy
  • Frontage/access on both Roosevelt Ave & Calumet Ave
  • Fully equipped commercial kitchen
  • Non-slip flooring throughout kitchen/prep areas
  • Positioned in high-traffic, multi-tenant retail center
  • Two restrooms
  • Walk-in cooler, large hood, 3-bowl sink, vegetable wash sink
  • Walk-up service counter, ideal for quick-service/fast-casual concepts

Attachments

Getting around

  • 68/100

    Walk Score ®

  • 20/100

    Transit Score ®

  • 62/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Valparaiso, IN
  • Zip Code 46383
  • Market Chicago

Points of Interest

  • Family Express

    0.12 miles

  • Reason's Sinclair Service (historical)

    1.08 miles

  • Casey's General Store

    1.29 miles

  • Luke

    1.60 miles

  • Ernie's Shell Service Station

    1.93 miles

  • Meijer Express

    2.10 miles

  • Lot 37

    1.56 miles

  • Lot 33

    1.64 miles

  • Lot 35

    1.64 miles

  • Lot 34

    1.65 miles

  • Lot 30

    1.68 miles

  • Lot 38

    1.70 miles

  • Lot 32

    1.71 miles

  • Lot 31

    1.71 miles

  • Lot 39

    1.74 miles

  • Northeast Parking (Lot 8)

    1.77 miles

  • Nékter Juice Bar

    0.00 miles

  • Teriyaki Madness

    0.01 miles

  • Little Caesars

    0.02 miles

  • KFC

    0.09 miles

  • Long John Silver's

    0.19 miles

  • Fazoli's

    0.23 miles

  • Bangkok Thai & Sushi

    0.29 miles

  • Burger King

    0.30 miles

  • Arby's

    0.31 miles

  • Kosmos

    0.33 miles

  • Strack & Van Til

    0.21 miles

  • Town and Country

    0.62 miles

  • Old World Market

    1.83 miles

  • Target

    1.88 miles

  • ALDI

    1.91 miles

  • Meijer

    1.98 miles

  • Marshalls

    2.01 miles

  • Kohl's

    2.08 miles

  • JCPenney

    2.17 miles

  • Walmart Supercenter

    2.61 miles

2502 Calumet Ave Listing Brief

  • A property’s location contributes to the asking rent almost as much as its characteristics do. For instance, central urban locations with high walkability or suburban locations with ample parking and easy access by car will claim higher rents but offer superior access to your customer base. Likewise, the quality of the building systems and property finishes have a significant impact on how businesses can conduct their activity there, as well as on the experience of their customers.

    Retail space at 2502 Calumet Ave - Restaurant Space asks $28.00/SF/YR per square foot.

  • The property includes 2,059 square feet of retail space for lease. Of this total, 2,059 square feet are Restaurant.

    Lease agreement conditions for the availability at this property include NNN.

    For more information or to schedule a tour of the property, use the convenient contact form on this page to get in touch with a representative.

  • You should keep in mind that different areas gradually build a reputation as hotspots or desirable corridors for shopping, eating, or other entertainment and consumer activities. So, while renting retail space in an area with a well-established high-end reputation might mean more customers that are more willing to spend, it will also place you in a more competitive environment.

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