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Church Facility with Basement
For Lease
$17,000/Mo

262 Gerry Street, Gary, IN 46406

Commercial Sale, Gary, IN

Space SizeContact for details
Lot Size0.26 Acres
Days on Market316

Property Features for 262 Gerry Street

General Information

Property type Commercial Sale
Property subtype Other
Rooms Basement
Directions Take 5th Avenue to Gerry Street. Building is at the end of the street , on your left
Standard status Active
APN 450701128009000004
Size 6,680 SF
Lot size 0.26 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description 00000000000
Legal Description 00000000000

Building Details

Year built 1946
Listing Agency: Listing Leaders
Listed By: Karen Miller · License #RB14051002
Added: Oct 28, 2025 Changed: Sep 4 Last Checked: Sep 8 at 4:06PM
MLS# 829965

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.

Investment Insights

Based on property information with market context.

This religious facility in Gary, Indiana, contains 6,680 square feet and was constructed in 1946. The property includes a basement and occupies a 0.26-acre lot. Interior cleaning has been completed, while the building requires restoration work before returning to active use.

Located at 262 Gerry Street, the property is positioned in the 46406 ZIP code within Lake County. Its existing building area and religious-facility classification provide a defined starting point for redevelopment or rehabilitation planning.

Key Highlights

  • 6,680‑square‑foot religious facility
  • 0.26‑acre lot at 262 Gerry Street
  • Constructed in 1946

Property Analytics

Current Use

Churches & religious facilities

Suggested Use

Top Pick Building Supply Restaurant Law Firm Big Box & Wholesale Store Storage Facility Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$4.58 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

133
Businesses Nearby

Demographics for 46406, IN

8,776
Population
3,938
Households
2.2
Avg Household Size
36
Median Age
9%
College-Educated
81%
High-School Grad
13.5 sq mi
ZIP Area
650
Density / Sq Mi
$35,631
Median Household Income
$28,705
Median Earnings
$972
Median Rent
$86,300
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Church & religious facility - Existing religious facility with a basement and a substantial structure requiring restoration work.
Where is this church & religious facility located?
The property is located at 262 Gerry Street Gary, IN.
What is the lease rate?
The lease rate is $17,000/Mo.
What are key features of this property?
This property features: 6,680‑square‑foot religious facility; 0.26‑acre lot at 262 Gerry Street; Constructed in 1946
More about this property
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