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    262 Gerry St Gary, IN 46406

    For Sale
    Contact for pricing

    Mixed Use - Gary, IN

    Type:Mixed Use
    Property size:
    6,680 SF
    Lot size:
    0.26 Acres
    Days on Market:
    31
    Last Refresh:
    Dec 5 at 1:06 am

    Property Features for 262 Gerry St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Mixed Use
    Standard status
    Active
    Rooms
    Basement
    APN
    450701128009000004
    Basement Y/N
    1
    Size
    6,680 SF
    Lot size
    0.26 Acres

    Building Details

    Year built
    1946
    Architectural style
    Other

    Listing Leaders (219) 299-7117 [email protected]

    Listing agent Karen Miller (219) 462-5478 License #RB14051002

    Listing date Nov 5, 2025

    MLS# 829965 Listing URL

    Copyright © 2025 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.

    Overview

    Gary, IN Mixed-Use Building

    This large mixed-use building, formerly the Berean Evangelistic Ministries Fellowship Church, is situated on a 0.26-acre lot in Gary, Indiana. The property, located in Lake County, encompasses 6,680 square feet. The building has been cleaned and is ready to be restored with TLC.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Churches & religious facilities

    Suggested Use

    Restaurant Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon Auto Parts Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Gary
    County
    Lake
    State
    Indiana
    Longitude
    -87.406299
    Latitude
    41.606246

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    FAQs

    What type of property is this?
    Church & religious facility - Large building in Gary, IN, ready to be restored.
    Where is this church & religious facility located?
    The property is located at 262 Gerry St Gary, IN.
    What is the asking price?
    The asking price for this property is $20,000.
    What are key features of this property?
    This property features: - Large building on a nice lot; - Building has been cleaned and ready to be restored; - Benefit from a Basement
    (219) 462-5478
    Request Owner's contact information
    262 Gerry St Gary, IN 46406
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    Gary, IN 46406
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    262 Gerry St Gary, IN 46406
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