Turnkey School/Special Purpose
For Sale
$499,000
1150 W 49th Ave, Gary, IN 46408
Operational 11,553 SF building on 12+ acres in Gary.
Property Size11,553 SF
Lot Size12.00 Acres
Price / SF$43.19
Days on Market94
Property Features for 1150 W 49th Ave
General Information
Standard status
Active
Size
11,553 SF
Lot size
12.00 Acres
Property subtype
Special Purpose
Building Details
Building Size
11,553 SF
Year Built
1956
Listing Agency:
Latitude Commercial
(317) 658-5005
Listed By:
Antony Miocic · License #IN #RB16000975
(317) 658-5005
Source:
Latitudeco
Added: May 27
Changed: Aug 26
Last Checked: Aug 28 at 9:16AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Latitude Commercial
Investment Insights
Based on property information with market context.
This 11,553 square foot single-story building in Gary, Indiana, presents a unique opportunity for special purpose or school users. Situated on over 12 acres of land, the property was built in 1956 and previously served as a school and church. It is located on 49th Avenue, approximately 1 mile west of Broadway. The property's location offers convenient access, being just minutes from Broadway and I-65. The building is suitable for educational or community use. The population of Gary was 69,093 at the 2020 census, making it Indiana's eleventh-most populous city. Gary is located along the southern shore of Lake Michigan about 25 miles southeast of downtown Chicago. The city has been historically dominated by major industrial activity and is home to U.S. Steel's Gary Works, the largest steel mill complex in North America.
Key Highlights
- Turnkey operational building ideal for special purpose/school/community users.
- Large 11,553sf single‑story structure on over 12 acres.
- Strategic location minutes from Broadway and I‑65.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
142
Businesses Nearby
Explore this area
Business Placement
Demographics for 46408, IN
15,109
Population
7,861
Households
1.9
Avg Household Size
38
Median Age
12%
College-Educated
84%
High-School Grad
9.7 sq mi
ZIP Area
1,558
Density / Sq Mi
$47,063
Median Household Income
$35,163
Median Earnings
$1,016
Median Rent
$96,200
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
School - Operational 11,553 SF building on 12+ acres in Gary.
Where is this school located?
The property is located at 1150 W 49th Ave Gary, IN.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Turnkey operational building ideal for special purpose/school/community users.; Large 11,553sf single‑story structure on over 12 acres.; Strategic location minutes from Broadway and I‑65.
