4007 Broadway, Gary, IN 46409
4007 Broadway, Gary, IN 46409
4007 Broadway, Gary, IN 46409
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$175,000
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2,160 SqFt
Active

4007 Broadway Gary, IN 46409

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Maurice Cornett

Maurice Cornett

+1(219) 781-1169

UPDATED:

Key Details

Property Type Commercial

Sub Type Business

Listing Status Active

Purchase Type For Sale

Square Footage 2,160 sqft

Price per Sqft $81

Subdivision Earles 03 Glen Park Add

MLS Listing ID 837489

HOA Y/N No

Year Built 1927

Annual Tax Amount $2,000

Tax Year 2024

Lot Size 7,361 Sqft

Acres 0.169

Property Sub-Type Business

Property Description

Seize the chance to acquire a cash-flowing landmark location in Gary's historic Glen Park neighborhood. Located at 4007 Broadway, this 1920s-era commercial building offers a stabilized addition to your portfolio, currently operated as a tenant-occupied Leased property. Long known as the home of "Ace Cleaners and Tailors," this location has been a staple of the community for generations and features a reliable, established tenant in place. With over 7,300 square feet of lot space and a building that exudes the architectural charm of 1927, this site offers an investor minimal landlord responsibilities under the leased structure. Situated on the bustling Broadway artery, the property ensures constant high visibility and long-term real estate value. A true Community Anchor: located just minutes from Indiana University Northwest, local schools, and major transit routes. Perfect for passive investors or 1031-exchange buyers looking for stable commercial frontage just south of the I-80/94 interchange. Zoned Commercial. Buyer to verify current lease terms, options, and rental income.

Location

State IN

County Lake

Interior

Interior Features Entrance Foyer, High Ceilings

Heating Central, Natural Gas, Forced Air

Fireplace N

Appliance Dryer, Washer, Other

Exterior

Parking Features Off Street, Paved, Asphalt

View Y/N true

View City

Accessibility Accessible Doors

Handicap Access Accessible Doors

Building

Lot Description Corner Lot, Near Public Transit, Paved

Sewer Public Sewer

Water Public

Schools

School District Gary

Others

Tax ID 450827156001000004

Security Features Security System

Acceptable Financing NRA20260419123258615955000000

Listing Terms NRA20260419123258615955000000

Listed by McColly Real Estate • Alan Harrell

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Maurice Cornett

Maurice Cornett

Broker Associate License ID: 19001105, 3607323, 475.201736

+1(219) 781-1169

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4007 Broadway