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    2715 W Ridge Rd Gary, IN 46408

    For Lease
    $3,000 /Mo ($7 SF/Yr)

    Retail - Gary, IN

    Type:Retail
    Property size:
    5,093 SF
    Lot size:
    1.45 Acres
    Days on Market:
    273
    Last Refresh:
    Dec 7 at 5:06 pm

    Property Features for 2715 W Ridge Rd

    General Information

    Property type
    Commercial Lease
    Property subtype
    Retail
    Standard status
    Active
    APN
    450829155012000001
    Exterior features
    Paved
    Size
    5,093 SF
    Lot size
    1.45 Acres

    Utilities

    Heating system
    Forced Air

    Building Details

    Year built
    1934
    Architectural style
    Other

    McColly Real Estate (219) 864-7200 [email protected]

    Listing agent Nancy Esqueda (219) 325-4404 License #RB14036641

    Listing date Mar 10, 2025

    MLS# 817216 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 Retail Opportunity

    This retail property, currently configured as a bar and ready for reopening, is available for lease. The property includes a party hall area that can be separated from the bar. The building has a size of 5093 square feet and is situated on a 1.446-acre lot in Gary, Indiana. It is located in Lake County.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    El Potrillo Bar ... Bar Chuck & John's Tap Bar

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Similar Places Nearby

    Arvin Cedar Bar, Trendsetters bar & grill, Bar Gary

    Location Insight

    • Map
    • Local Demand
    City
    Gary
    County
    Lake
    State
    Indiana
    Longitude
    -87.371791
    Latitude
    41.547664

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    FAQs

    What type of property is this?
    Bar - Bar/Restaurant retail space available for lease in Gary, IN.
    Where is this bar located?
    The property is located at 2715 W Ridge Rd Gary, IN.
    What is the lease rate?
    The lease rate is $7 SF/Yr.
    What are key features of this property?
    This property features: - Ready to be reopened as a bar.; - Includes a party hall area.; - Party hall area can be closed off from the bar area.
    (219) 325-4404
    Request Owner's contact information
    2715 W Ridge Rd Gary, IN 46408
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    Gary, IN 46408
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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
    2715 W Ridge Rd Gary, IN 46408
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