5004-5010 Broadway Gary, IN ^$ 350,000

5004-5010 Broadway

^$ 350,000

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5004-5010 Broadway

Gary, IN, 46408

^$ 350,000

Studio Baths0.0 Sq 4,350

Monthly Estimate*

^$ 2,445

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Studio

Commercial Property for sale in Gary, IN

for $350,000. This 4,350 square foot building was built in 1962 on a lot size of 0.122.

GREAT PRICE REDUCTION !!! WOW!! HAVE YOU DREAMED OF OWNING YOUR OWN BUSINESS. DON'T LET THIS OPPORTUNITY PASS YOU BY!! Check this out..... completely remodeled bar/restaurant/catering/gaming in a prime commercial space on Broadway that has a great history in a great location. This property boasts an abundance of space and numerous amenities. Great spot for patrons to relax, unwind and have fun!!. The area is highly visible and is ideal for attracting foot traffic. The spacious building has been completely remodeled and updated to code. See attachment for a list of all that has been done. UNBELIEVABLE!!! The seller is including 3 licenses, (liquor, catering with liquor, gaming), all fixtures and equipment Don't miss out on this chance to make your mark !

Commercial Active

Price

^$ 350,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 0

Style

Retail

Lot Size

0.122

Year Built

1962

Town/City

Gary

County/Region

Lake

MLS | Web ID

533637

Features

General

Interior Features Elevator

Heating Central

Utilities Cable Available Electricity Connected Natural Gas Available Natural Gas Connected Sewer Connected

Security Features Fire Alarm Security Lights Security System

Year Built 1962

Electric 200+ Amp Service

Township Calumet

Property SubType Retail

Gross Income 0

County Lake

Net Operating Income 136125

Insurance Expense 1300

Property Type Commercial Sale

Subdivision Name Junedale Sub

Building Features Business District Location Exterior Lighting Patio Private Restrooms Sheet Rock Ceiling(s)

Close Price 0

Status Active

Directions North on Broadway Fly Nation Bar & Lounge Building is on the West side of Broadway.

City Gary

Lot Size Square Feet 5314

Street Name Broadway

Electric Expense 2400

Trash Expense 1500

Virtual Tour https://zooom-media-usa.aryeo.com/videos/4050e55b-c5b5-4d87-bc68-08de4c8bf5a2

Standard Status Active

Total Actual Rent 0

Taxes 8655

Legal Description Legal Description: JUNEDALE SUB. L.38 BL.24 L.39 BL.24

Exterior

Parking Features Lighted Open Paved

Water Source Public

Lot Dimensions 168x106

Lot Size Acres 0.122

* Excluded Features

List By

Donna Foreman

Listing Agent

Mccolly Real Estate

Broker

donna-foreman@live.com

Affordability Calculator

$2,445

Per Month

Monthly Principal & Interest: $2,445
Monthly Property Taxes: --
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Gary, IN

Average List Price ^$234,722

Percent of Sale Price 33%

About Gary, IN

71,243 Population

-31% Since 2002

^$29,286 Median Income

37.13 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

1261196 Elementary School

1261197 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/1/2024	$350,000	-4.11%	Price Down
2/13/2024	$365,000	-2.67%	Price Down
12/18/2023	$375,000	-5.06%	Price Down
8/24/2023	$395,000	-7.06%	Price Down
7/17/2023	$425,000		Listed Price

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5004-5010 Broadway, Gary, IN, 46408 is a Commercial Property for sale at $350,000 with 4,350 sqft and a lot size of 0.122. 5004-5010 Broadway is a studio with 0.0 baths and was built in 1962. The property's zip code is 46408 which is in Gary, IN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the Greater Northwest Indiana Multiple Listing Service.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Greater Northwest Indiana Multiple Listing Service. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistribute. Its sole purpose is to be used for no other purpose than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 4/28/2024.

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5004-5010 Broadway

Commercial Property for sale in Gary, IN

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