5490 W Ridge RD, Gary, IN 46408
5490 W Ridge RD, Gary, IN 46408
5490 W Ridge RD, Gary, IN 46408
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$250,000
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3,000 SqFt
Active

5490 W Ridge RD Gary, IN 46408

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Maurice Cornett

Maurice Cornett

+1(219) 781-1169

UPDATED:

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 3,000 sqft

Price per Sqft $83

Subdivision Nelson Add

MLS Listing ID 841261

HOA Y/N No

Year Built 1957

Annual Tax Amount $2,124

Tax Year 2024

Lot Size 0.268 Acres

Acres 0.268

Property Sub-Type Mixed Use

Property Description

Excellent investment opportunity! This versatile commercial building features three separate units, offering multiple income-producing possibilities. One of the units was previously operated as a restaurant and includes an existing commercial kitchen hood, making it ideal for a new restaurant, cafe, carryout, or other food service business with the proper approvals. Whether you're an investor looking to generate rental income or a business owner seeking to occupy one unit while leasing the others, this property offers outstanding flexibility and long-term potential. The multi-unit layout provides the opportunity for diversified income streams and owner-occupancy, making it an attractive addition to any investment portfolio. Conveniently located on W. Ridge Road with excellent visibility and accessibility, this property is well-positioned for a variety of commercial uses. Don't miss the opportunity to own a property with strong income potential and endless possibilities.

Location

State IN

County Lake

Interior

Heating Central, Natural Gas

Fireplace N

Exterior

Exterior Feature Lighting

Parking Features Off Street, Asphalt

View Y/N true

View Neighborhood

Accessibility Accessible Doors, Accessible Approach with Ramp

Handicap Access Accessible Doors, Accessible Approach with Ramp

Building

Lot Description Corner Lot, Near Public Transit

Sewer Public Sewer

Water Public

Others

Tax ID 450725127015000003

Acceptable Financing NRA20260625202944070034000000

Listing Terms NRA20260625202944070034000000

Listed by 21 Century Realty Group • Ahmed Hjayyer

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Maurice Cornett

Maurice Cornett

Broker Associate License ID: 19001105, 3607323, 475.201736

+1(219) 781-1169

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5490 W Ridge RD