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Olga Vega

olga@legacyrealtygroupllc.com +1(219) 588-9494

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4007 Broadway Gary, IN 46409

2,160 SqFt

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Key Details

Property Type Commercial

Sub Type Business

Listing Status Active

Purchase Type For Sale

Square Footage 2,160 sqft

Subdivision Earles 03 Glen Park Add

MLS Listing ID 837489

Year Built 1927

Annual Tax Amount $2,000

Tax Year 2024

Lot Size 7,361 Sqft

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

Cooling Other

Flooring Concrete

Fireplace No

Appliance Dryer, Washer, Other

Exterior

Parking Features Off Street, Paved, Asphalt

Utilities Available Electricity Connected, Water Connected, Sewer Connected, Natural Gas Connected

Roof Type Asphalt,Other

Building

Lot Description Corner Lot, Near Public Transit, Paved

Structure Type Brick,Wood Siding

Schools

School District Gary

Others

Acceptable Financing Cash, Other, Conventional

Listing Terms Cash, Other, Conventional

Listed by McColly Real Estate

Olga Vega

Managing Broker Indiana RB14047917Illinois 471.018437

+1(219) 588-9494

Olga Vega

4007 Broadway Gary, IN 46409

Key Details

Location

Interior

Exterior

Building

Schools

Others

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4007 Broadway

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