5425 Melton Road Gary, IN ^$ 80,000

5425 Melton Road

^$ 80,000

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Recently Listed

5425 Melton Road

Gary, IN, 46403

^$ 80,000

Bedrooms-- Baths-- Sq 1,552

Monthly Estimate*

^$ 493

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Commercial Property for sale in Gary, IN

for $80,000. This 1,552 square foot building was built in 1929 on a lot size of 0.128834.

Welcome to 5425 Melton Rd, a versatile mixed-use property offering both commercial and residential opportunities in one convenient location. This well-maintained building provides excellent potential for investors or owner-occupants looking to generate additional income. The commercial space offers great visibility and accessibility, making it ideal for a variety of business uses such as retail, office, or service-based operations. With a functional layout and ample space, it's ready to support your business needs. Whether you're expanding your investment portfolio or looking for a live/work opportunity, 5425 Melton Rd presents a unique and valuable opportunity. Schedule your showing today!

Commercial Active

Price

^$ 80,000

Property Type

Commercial

Taxes

^$ 1,556

Style

Lot Size

0.128834

Year Built

1929

Town/City

Gary

County/Region

Lake

MLS | Web ID

12596666

Features

General

Cooling Central Air

Zoning COMMR

Year Built 1929

Electric Service - 0 to 100 Amps

Stories Count 2

Township Calumet

Property Subtype Mixed Use

Tax Year 2024

Gross Income 0

County Lake

Insurance Expense 0

Property Type Commercial Sale Mixed Use

Status New

Directions From Portage head west on Melton Rd (US-20). Continue to 5425 Melton Rd. Property will be on the right.

City Gary

Number Of Units Total 0

MLS Area Indiana - Gary

Lot Size Square Feet 5612

Tax Annual Amount 1556.54

Electric Expense 0

Fuel Expense 0

Trash Expense 0

Water Sewer Expense 0

Additional Parcels Y/N N

Standard Status Active

Interior

Flooring Wood Other

Exterior

Building Area Total 1552

Lot Dimensions 5612

* Excluded Features

List By

Coldwell Banker Realty

Broker

armond.boulware@cbexchange.com;armondnboulware@gmail.com

Affordability Calculator

$622

Per Month

Monthly Principal & Interest: $493
Monthly Property Taxes: $130
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 6.25% 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 ^$275,629

Percent of Sale Price 245%

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.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/25/2026	$80,000		Listed Price

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5425 Melton Road, Gary, IN, 46403 is a Commercial Property for sale at $80,000 with 1,552 sqft and a lot size of 0.128834. 5425 Melton Road was built in 1929. The property's zip code is 46403 which is in Gary, IN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% 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.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Data is updated as of 3/26/2026.

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5425 Melton Road

Commercial Property for sale in Gary, IN

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