1500 Virginia Street Gary, IN ^$ 150,000

1500 Virginia Street

^$ 150,000

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Recently Listed

1500 Virginia Street

Gary, IN, 46407

^$ 150,000

Bedrooms-- Baths-- Sq 2,464

Monthly Estimate*

^$ 947

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Commercial Property for sale in Gary, IN

for $150,000. This 2,464 square foot building was built in 1957 on a lot size of 0.25.

Excellent opportunity to own a versatile 2,464 square foot two story commercial building situated on a highly visible corner lot in Gary. Zoned B 1 Limited Retail Business, this property offers an open commercial area with two overhead doors, a reception or office area, multiple restrooms, and a spacious second level with multiple rooms that can be adapted for a variety of permitted business uses. The large, paved parking lot offers abundant on-site parking. Conveniently located near Broadway and I 80 94 for easy access. Property is being sold As Is. Buyer to verify zoning, permitted uses, square footage, and all property information.

Commercial Active

Price

^$ 150,000

Property Type

Commercial

Taxes

^$ 2,917

Style

Mixed Use

Lot Size

0.25

Year Built

1957

Town/City

Gary

County/Region

Lake

MLS | Web ID

842848

Features

General

Sewer Public Sewer

Heating Natural Gas

Utilities None

Appliances None

Year Built 1957

Electric Circuit Breakers

View Neighborhood

Township Calumet

Property Subtype Mixed Use

Tax Year 2025

County Lake

Property Type Commercial Sale

Subdivision Name Gary Land Companys 09

Building Features Other Exterior Lighting Private Restrooms

Status Active

Directions From I-80/94 take the Broadway exit north. Turn left (west) on W. 15th Avenue. Property is located at the corner of W. 15th Avenue and Virginia Street.

City Gary

Zoning Description Business

Lot Size Square Feet 10890

Listing Terms Cash Conventional

Tax Annual Amount 2917.28

Standard Status Active

Legal Description GARY LAND CO'S. 9TH SUB. L.1 BL.1 L.2 BL.1 N. 24 FT. L.3 BL.1

Assoc/CIC None

Exterior

Parking Features Off Street Asphalt Garage Faces Front

Lot Features Corner Lot Paved

Water Source Public

Total Parking 25

Lot Size Acres 0.25

Lot Size Source Assessor

Waterfront Y/N N

* Excluded Features

List By

Dierdra Shittu

Listing Agent

@Properties/Christie's Intl Re

Broker

dierdrashittu@atproperties.com

Affordability Calculator

$1,190

Per Month

Monthly Principal & Interest: $947
Monthly Property Taxes: $243
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 6.49% 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

Trends
Schools

Commerical listings in Gary, IN

Average List Price ^$271,200

Percent of Sale Price 81%

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
7/24/2026	$150,000		Listed Price

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1500 Virginia Street, Gary, IN, 46407 is a Commercial Property for sale at $150,000 with 2,464 sqft and a lot size of 0.25. 1500 Virginia Street was built in 1957. The property's zip code is 46407 which is in Gary, IN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

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 7/26/2026.

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1500 Virginia Street

Commercial Property for sale in Gary, IN

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