4815 W 5th Avenue Gary, IN $ 149,000
4815 W 5th Avenue
$ 149,000
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4815 W 5th Avenue

Gary, IN, 46406
$ 149,000
Bedrooms-- Baths-- Sq 9,800

Monthly Estimate*

$ 941

4815 W 5th Avenue, Gary, IN 46406 - Image 1
4815 W 5th Avenue, Gary, IN 46406 - Image 2
4815 W 5th Avenue, Gary, IN 46406 - Image 3

Commercial Property for sale in Gary, IN

for $149,000. This 9,800 square foot building was built in 1945 on a lot size of 0.497.

**Property Type:** Commercial / Retail / Former Laundromat * **Building Size:** Approximately **9,800 sq. ft.** * **Stories:** 2 * **Year Built:** 1945 * **Lot Size:** Approximately **0.50 acre (21,649 sq. ft.)** * **Zoning:** Commercial/Business use * **Property Class:** Former laundromat. ### Existing Infrastructure * Former commercial laundromat * Capacity for approximately **70+ washers** * Capacity for approximately **40+ dryers** * **200-amp, 400-volt electrical service* * Drive-through service window * High ceilings * Forced-air heating * Existing utility layout suitable for high water-demand commercial operations. * Parking for approximately **25+ vehicles** * Easy customer access from W. 5th Avenue * Suitable for retail, medical, restaurant, or service-oriented businesses. Location Highlights * Frontage on **West 5th Avenue (US 12/US 20 corridor)** * Four-lane arterial roadway * Estimated **18,000-22,000 vehicles per day** * Excellent visibility and signage opportunities * Convenient access to major highways serving Northwest Indiana and the Chicago metropolitan area. Potential Uses The building's size, utility capacity, and location make it suitable for numerous commercial uses, including: * Laundromat * Medical or urgent care facility * Restaurant or food hall * Retail center * Fitness center * Indoor recreation * Church or community center * Office conversion * Contractor showroom

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Commercial Active

Price

$ 149,000

Property Type

Commercial

Taxes

$ 3,245

Style

Mixed Use

Lot Size

0.497

Year Built

1945

Town/City

Gary

County/Region

Lake

MLS | Web ID

841891

Features
Interior
Interior Amenities Open Floorplan
Laundry Features Gas Dryer Hookup Washer Hookup
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General
Sewer Public Sewer
Heating Natural Gas
Utilities Electricity Available Water Connected Sewer Connected Natural Gas Connected
Year Built 1945
Electric 200+ Amp Service
Township Calumet
Property Subtype Mixed Use
Tax Year 2024
County Lake
Property Type Commercial Sale
Subdivision Name New Brunswick Add
Building Features Near Airport
Status Active
Directions From Cline Ave head east on US-20 for 1.9 miles; the destination is on the south side of the street
City Gary
Zoning Description Commercial
Lot Size Square Feet 21649
Listing Terms Cash
Tax Annual Amount 3245
Standard Status Active
Legal Description NEW BRUNSWICK ADD BL3 LOTS 3 4 5 6 7&8
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Exterior
Lot Features Corner Lot Paved
Water Source Public
Total Parking 25
Lot Size Acres 0.497
Lot Size Source Estimated
Waterfront Y/N N
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* Excluded Features
List By
David Shinault

Listing Agent

Village Realty Of Indiana, Inc

Broker

dave@daveslistings.net

Email

Affordability Calculator

$1,211
Per Month
78%
22%
0%
Monthly Principal & Interest
$941
Monthly Property Taxes
$270
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
1261196 Elementary School
1261197 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/8/2026$149,000 Listed Price

Map


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4815 W 5th Avenue, Gary, IN, 46406 is a Commercial Property for sale at $149,000 with 9,800 sqft and a lot size of 0.497. 4815 W 5th Avenue was built in 1945. The property's zip code is 46406 which is in Gary, IN