About This Home
This 0-bedroom, 0-bathroom commercial at 4007 Broadway in Gary, IN is listed for $175,000 ($81 per sqft). Built in 1927, the home offers 2,160 sqft of living space on a 0.17 acres lot.
Key Features
- Built in 1927
- 0.17 acre lot
- 8 parking spaces
Property Details
Amenities
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.
Monthly Cost Estimate
$936/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
4007 Broadway
Gary, IN 46409
Earles 03 Glen Park Add
Features & Amenities
Interior Features
Property Details
Views
Parking
Heating
Appliances
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 4007 Broadway is listed at $175,000 ($81/sqft). The estimated monthly payment is $936 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1927, 0.17 acre lot, 8 parking spaces. Interior Features: Entrance Foyer, High Ceilings.
This property is listed by Alan Harrell and can be reached at 2192411556.
