5440 W Ridge Road Gary, IN ^$ 280,000

5440 W Ridge Road

^$ 280,000

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5440 W Ridge Road

Gary, IN, 46408

^$ 280,000

Bedrooms-- Baths-- Sq 11,346

Monthly Estimate*

^$ 1,747

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Commercial Property for sale in Gary, IN

for $280,000. This 11,346 square foot building was built in 1949 on a lot size of 0.902.

So may uses for this property with frontage on HEAVILY traveled Ridge Rd. Currently used as a machine shop. The building is divided into 3 sections. 2 Large access doors. 2 - 200 Amp services. 2 overhead cranes, 5 ton and 20 ton. Office on the main level and additional office space on the 2nd level. 1/2 bath and sink room on main level. Full bath upstairs. Buyer to verify permitted uses with the City.

Commercial Pending

Price

^$ 280,000

Property Type

Commercial

Taxes

^$ 4,700

Style

Business

Lot Size

0.902

Year Built

1949

Town/City

Gary

County/Region

Lake

MLS | Web ID

814067

Features

General

Sewer Public Sewer

Heating Natural Gas

Utilities Electricity Available Water Available Sewer Available Natural Gas Available

Appliances None

Year Built 1949

Electric 200+ Amp Service Circuit Breakers

Township Calumet

Property Subtype Business

Tax Year 2024

Community Features None

County Lake

Property Type Commercial Sale

Building Features Cranes Enclosed Stair(s)

Status Pending

Directions Ridge Rd E of Cline. Where Ross Rd meets Ridge Rd.

City Gary

Zoning Description Business

Lot Size Square Feet 39291

Listing Terms Cash Conventional

Property Attached Y/N N

Tax Annual Amount 4700

Standard Status Pending

Legal Description W.100ft of S.309.67ft of E.329.97ft & Part of W.50ft of S.159.84ft of E.229.53ft of NE1/4 NW1/4 S.25 T.36 R.9 Ly'g N. of Ridge Rd 0.902 Ac

Exterior

Exterior Amenities None

Fencing None

Parking Features Additional Parking

Water Source Public

Total Parking 20

Lot Dimensions 150x126x63x124x100x276

Lot Size Acres 0.902

Frontage Length 150'

Lot Size Source Assessor

Waterfront Y/N N

* Excluded Features

List By

Daniel Cacich

Listing Agent

Coldwell Banker Real Estate Gr

Broker

dantheman@coldwellhomes.com

Affordability Calculator

$2,139

Per Month

Monthly Principal & Interest: $1,747
Monthly Property Taxes: $392
Monthly Home Insurance: --

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Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% 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 ^$295,450

Percent of Sale Price 6%

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
7/16/2025	$280,000	-3.45%	Price Down
6/23/2025	$290,000	-3.33%	Price Down
5/12/2025	$300,000	-7.69%	Price Down
5/2/2025	$325,000	-7.14%	Price Down
12/16/2024	$350,000		Listed Price

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5440 W Ridge Road, Gary, IN, 46408 is a Commercial Property for sale at $280,000 with 11,346 sqft and a lot size of 0.902. 5440 W Ridge Road was built in 1949. 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 6.375% 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 12/11/2025.

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5440 W Ridge Road

Commercial Property for sale in Gary, IN

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