4007 Broadway, Gary, IN 46409
sale
$175,000
|
Other
Courtesy Of McColly Real Estate
Seize the chance to acquire a cash-flowing landmark location in Gary's historic Glen Park neighborhood. Located at 4007 Broadway, this 1920s-era commercial building offers a stabilized addition to your portfolio, currently operated as a tenant-occupied Leased property. Long known as the home of "Ace Cleaners and Tailors," this location has been a staple of the community for generations and features a reliable, established tenant in place. With over 7,300 square feet of lot space and a building that exudes the architectural charm of 1927, this site offers an investor minimal landlord responsibilities under the leased structure. Situated on the bustling Broadway artery, the property ensures constant high visibility and long-term real estate value. A true Community Anchor: located just minutes from Indiana University Northwest, local schools, and major transit routes. Perfect for passive investors or 1031-exchange buyers looking for stable commercial frontage just south of the I-80/94 interchange. Zoned Commercial. Buyer to verify current lease terms, options, and rental income.
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Copyright © 2026 Greater Northwest Indiana Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. 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.
Property Features
- Age: Over 50 Years Old
- Amenities: Security System
- Appliance: Dryer
- Appliance: Washer
- Heating System: Forced Air
- Heating System: Central
- Heating System: Natural Gas
- Legal Description: EARLES 3RD GLEN PARK ADD. ALL LOTS 1 & 2 BL.24
- MLSID: 837489
- Parking Spaces: 8
- View Type: City
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