720 N Lake Street Gary, IN $ 395,000
720 N Lake Street
$ 395,000
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720 N Lake Street

Gary, IN, 46403
$ 395,000
Baths0.0 Sq 1,600

Monthly Estimate*

$ 2,759

720 N Lake Street, Gary, IN 46403 - Image 1
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Studio

Commercial Property for sale in Gary, IN

for $395,000. This 1,600 square foot building was built in 1946 on a lot size of 0.25.

Ever dreamed of owning your own Pizza place next to the sandy shores of Lake Michigan? Here it is! Ono's Pizza has been around for 60 yrs on Lake St. Beach near the Indiana Dunes National Park. This property has been completely renovated with everything included to run your pizza shop! It is a turn key business with a 3-way liquor license and includes all permits. The pizza shop has an automatic secure front service window perfect for serving beach goers! All new equipment includes: ice machine, cash register, microwave, hot dog steamer, electric fryer, prep table, pizza warmer, & hand washing sink. Also included is the pizza oven and hood ready to be installed. 3 lots on this property also features outdoor seating with picnic tables, stage, 280 sq. foot summer cottage furnished with TV, bar and refrigerator, perfect party room; 1144 sq. ft. heated dining room with seating for 25 plus bathroom & rolling cart. Back portion houses garage and locked liquor cabinet! Must see!

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Commercial Contingent

Price

$ 395,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 3,100

Style

Mixed Use

Lot Size

0.25

Year Built

1946

Town/City

Gary

County/Region

Lake

MLS | Web ID

545302

Features
General
Interior Features Elevator
Heating Forced Air
Utilities Electricity Available Electricity Connected Natural Gas Available Natural Gas Connected Sewer Connected Water Connected
Security Features Other Security System
Year Built 1946
Township Calumet
Property SubType Mixed Use
Tax Year 2022
Gross Income 0
County Lake
Net Operating Income 0
Insurance Expense 0
Property Type Commercial Sale
Subdivision Name Gary Beach Sub
Building Features Courtyard Other Private Restrooms Public Restrooms Suspended Ceiling(s)
Close Price 0
Status Active Under Contract
Directions US 20 to Lake Street North to property on left
City Gary
Lot Size Square Feet 10890
Street Name Lake
Property Attached Y/N N
Tax Annual Amount 3100
Electric Expense 0
Trash Expense 0
Standard Status Active Under Contract
Total Actual Rent 0
Taxes 3138
Legal Description Legal Description: GARY BEACH SUB. L.8-10 BL.B
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Exterior
Water Source Public
Total Parking 0
Lot Dimensions 90X125
Lot Size Acres 0.25
Frontage Length 90
Lot Size Source Assessor
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Interior
Street Suffix Street
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* Excluded Features
List By
Diana Smoot

Listing Agent

Mccolly Real Estate

Broker

dianasmoot@comcast.net

Email

Affordability Calculator

$3,018
Per Month
91%
9%
0%
Monthly Principal & Interest
$2,759
Monthly Property Taxes
$258
Monthly 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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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
1261196 Elementary School
1261197 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/19/2024$395,000 Listed Price

Map


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720 N Lake Street, Gary, IN, 46403 is a Commercial Property for sale at $395,000 with 1,600 sqft and a lot size of 0.25. 720 N Lake Street is a studio with 0.0 baths and was built in 1946. The property's zip code is 46403 which is in Gary, IN