Listing Agency: Coldwell Banker Real Estate LLC n***@gmail.com Show Phone

Listed By: Nina Borom · License #RB14050021 Show Phone

Source: Compass

Added: Apr 19, 2025 Changed: Aug 8 Last Checked: Aug 9 at 12:55PM

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Investment Insights

Based on property information with market context.

This property consists of two entire blocks, totaling a little less than an acre, or 40690 square feet. The site was previously used as a grocery store. The property is currently zoned R-2. Permitted uses are available upon request.

Key Highlights

• Two entire city blocks included in the property.
• Property size is almost one acre.
• Zoned R‑2, allowing for multiple possibilities.

Property Analytics

Property Profile

Current Use

Commercial land

Suggested Use

Top Pick Law Firm Real Estate Agency Building Supply Big Box & Wholesale Store Gym & Fitness Center Auto Parts Store

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

Location Intelligence

Trade Area within ½ mile

138

Businesses Nearby

Explore this area Business Placement

Demographics for 46409, IN

6,975

Population

4,238

Households

1.6

Avg Household Size

35

Median Age

12%

College-Educated

85%

High-School Grad

3.6 sq mi

ZIP Area

1,938

Density / Sq Mi

$40,637

Median Household Income

$29,769

Median Earnings

$1,194

Median Rent

$73,300

Median Home Value

Questions? Ask Rey

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What type of property is this? Where is this commercial land located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Commercial land - Two entire blocks of land, previously a grocery store.

Where is this commercial land located?

The property is located at 901-1003 East 49th Avenue Gary, IN.

What is the asking price?

The asking price for this property is $75,000.

What are key features of this property?

This property features: Two entire city blocks included in the property.; Property size is almost one acre.; Zoned R‑2, allowing for multiple possibilities.