5004-5010 Broadway Gary, IN $ 285,000
5004-5010 Broadway
$ 285,000
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5004-5010 Broadway

Gary, IN, 46408
$ 285,000
Bedrooms-- Baths-- Sq 6,850

Monthly Estimate*

$ 1,755

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Commercial Property for sale in Gary, IN

for $285,000. This 6,850 square foot building was built in 1962 on a lot size of 0.27.

Get 2 buildings for one price in the rapidly growing city of Gary! You will get 3 licenses(3-way liquor, catering, and gaming) with the purchase. There are 2 kitchens and 3 bathrooms. This building is located on the busiest street in the city and only a few blocks away from Merrillville and not too far from the highway. There is a venue side and a bar/grill side. There is also a huge unfinished basement with a brand new drain tile system. It can be renovated to produce more income. Some other key features are 2 new sump pumps,2 new Goodman furnaces, 2 new AC condensers, new windows/doors, new electric/plumbing, new roof and many other new updates. Don't miss out on your chance to be the change. Schedule your showing.

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Commercial Active

Price

$ 285,000

Property Type

Commercial

Taxes

$ 8,500

Style

Mixed Use

Lot Size

0.27

Year Built

1962

Town/City

Gary

County/Region

Lake

MLS | Web ID

836700

Features
General
Sewer Public Sewer
Heating Central
Utilities Electricity Connected Water Connected Sewer Connected
Appliances Gas Range Water Heater Stainless Steel Appliance(s) Refrigerator Other Microwave
Year Built 1962
Electric Other
View City Other
Township Calumet
Property Subtype Mixed Use
Tax Year 2024
Gross Income 150000
County Lake
Property Type Commercial Sale
Subdivision Name Junedale Sub
Building Features Other Patio Public Restrooms
Status Active
Directions Start on 61st and Broadway. Head North on Broadway and destination will be on the left.
City Gary
Lot Size Square Feet 11761.2
Listing Terms Cash Other Conventional
Tax Annual Amount 8500
Standard Status Active
Legal Description JUNEDALE SUB. L.38 BL.24 L.39 BL.24 JUNEDALE SUB. N1/2 LOT 35 & ALL OF LOTS 36 & 37 BL.24
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Exterior
Exterior Amenities Other
Parking Features Asphalt
Water Source Public
Total Parking 20
Lot Size Acres 0.27
Lot Size Source Assessor
Waterfront Y/N N
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* Excluded Features
List By
Terry Taylor

Listing Agent

Realty Executives Premier

Broker

terry@thenicklagroup.com

Email

Affordability Calculator

$2,463
Per Month
71%
29%
0%
Monthly Principal & Interest
$1,755
Monthly Property Taxes
$708
Monthly 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
1261196 Elementary School
1261197 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/8/2026$285,000 Listed Price

Map


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5004-5010 Broadway, Gary, IN, 46408 is a Commercial Property for sale at $285,000 with 6,850 sqft and a lot size of 0.27. 5004-5010 Broadway was built in 1962. The property's zip code is 46408 which is in Gary, IN