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2001 Broadway Gary, IN 46407
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Key Details
Sold Price $45,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 3,814 sqft
Price per Sqft $11
MLS Listing ID 827729
Sold Date 11/12/25
Year Built 1918
Annual Tax Amount $2,855
Tax Year 2024
Lot Size 3,049 Sqft
Acres 0.07
Property Sub-Type Mixed Use
Property Description
Investment Opportunity -- 20th & Broadway (Corner Mixed-Use) Approximately 5,700 SF total (ground-floor retail, two apartments 2nd floor, plus basement) offering multiple income streams and clear value-add angles. High-visibility location on SR-53 (Broadway) with ~29,000 AADT and ~1.5 miles to I-80/94 (Exit 10). Recent corridor street-lighting upgrades enhance curb appeal and pedestrian activity. Area momentum includes a proposed convention center near the casino and ongoing airport/infrastructure improvements. Several viable paths to stabilization and upside. Suite Breakdown: 1st floor: +/-1,889 SF 2nd floor: +/-1,925 SF Basement (storage): +/-1,889 SF
Location
State IN
County Lake
Interior
Heating Forced Air
Fireplace N
Exterior
Exterior Feature Lighting
View Y/N true
View true
Others
Tax ID 450810355001000004
Acceptable Financing NRA20250912205512422581000000
Listing Terms NRA20250912205512422581000000
Financing Cash
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Bought with Brokerworks Group
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