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    600 S Lake St Gary, IN 46403

    Under Contract
    For Sale
    $370,000

    Business - Gary, IN

    Type:Business
    Property size:
    2,451 SF
    Lot size:
    0.22 Acres
    Days on Market:
    52
    Last Refresh:
    Dec 5 at 10:06 am

    Property Features for 600 S Lake St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Business
    Standard status
    Active Under Contract
    APN
    450906403016000004
    Parking features
    Off Street, On Street
    Interior features
    Entrance Foyer, Laminate Counters
    Exterior features
    Corner Lot
    Appliances
    Dryer
    Size
    2,451 SF
    Lot size
    0.22 Acres

    Utilities

    Heating system
    Forced Air

    Building Details

    Year built
    1969
    Architectural style
    Other

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

    Listing agent Alan Harrell (219) 926-1616 License #RB14052205

    Listing date Oct 15, 2025

    MLS# 824652 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

    Prime Commercial Opportunity in Miller Beach

    Located in the heart of Miller Beach's East Lakefront District, this commercial property at 600-610 S Lake Street in Gary, IN, presents a rare investment opportunity. Situated at the corner of Lake Street and 6th, the property is positioned within the newly energized Miller Beach Business District, steps from the brand-new South Shore Train Station. The property is currently used as a Dry Cleaner and Shirt Laundry. Its location in the TOD Zone allows for mixed-use development, retail space, dining, entertainment, or a cultural venue. The property is located in a pedestrian-friendly zone with walkable access to boutique shops, artisan cafes, craft breweries, and restaurants. It is also close to the Miller Beach Creative Arts District and minutes by car or bike from Lake Street Beach, National Parks, and outdoor recreation. The lot size is 0.222 acres, and the property size is 2451 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Nail Salon Food Market Gym & Fitness Grocery Store Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Gary
    County
    Lake
    State
    Indiana
    Longitude
    -87.267691
    Latitude
    41.599937

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    FAQs

    What type of property is this?
    Retail space - Commercial property in Miller Beach's East Lakefront District, near South Shore Train Station.
    Where is this retail space located?
    The property is located at 600 S Lake St Gary, IN.
    What is the asking price?
    The asking price for this property is $370,000.
    What are key features of this property?
    This property features: - Prime commercial real estate in the heart of Miller Beach's East Lakefront District.; - Located in the TOD Zone, allowing for mixed-use development, retail, dining, entertainment, or cultural venues.; - Steps from the brand-new South Shore Train Station.
    (219) 926-1616
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    600 S Lake St Gary, IN 46403
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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
    600 S Lake St Gary, IN 46403
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