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Historic Manufacturing Facility
For Sale
Contact for pricing
Pending

1661 W 11th, Gary, IN 46404

Former potato chip production facility for sale in Gary; operations closed since 2017, with equipment on-site.

Property SizeContact for details
Days on Market125

Property Features for 1661 W 11th

General Information

Standard status Pending
Property subtype Industrial, Business for Sale

Additional Details

Business Included Yes
Listing Agency: Blackrock Real Estate Services
Listed By: Audrey Lemmons · License #IN
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Aug 12 at 6:00AM

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 Blackrock Real Estate Services

Investment Insights

Based on property information with market context.

This for-sale industrial/manufacturing facility is presented as the former home of Peerless Potato Chips, a historic Gary business. Public remarks state the facility and equipment are available for a restart, after closure of operations in 2017 and a subsequent three-year nonoperational period.

The property is located at 1661 W 11th in Gary, Indiana (46404). Public remarks also indicate potential eligibility for an Economic Development for a Growing Economy tax credit and a Next Level Jobs Employer Training Grant.

Overall, it is an existing production-oriented site being offered with the expectation of bringing back the Peerless brand using on-site infrastructure and equipment described in the listing.

Key Highlights

  • Former potato chip production facility in Gary with on‑site equipment
  • Operations have been closed since 2017 (nonoperational for 3 years)
  • Facility is described as being available to restart production of Peerless Potato Chips

Property Analytics

Current Use

Manufacturing properties

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Hair Salon Restaurant Building Supply

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

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

195
Businesses Nearby

Demographics for 46404, IN

15,658
Population
7,708
Households
2
Avg Household Size
39
Median Age
16%
College-Educated
89%
High-School Grad
6.0 sq mi
ZIP Area
2,610
Density / Sq Mi
$39,188
Median Household Income
$34,337
Median Earnings
$995
Median Rent
$88,300
Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
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Frequently Asked Questions

What type of property is this?
Manufacturing property - Former potato chip production facility for sale in Gary; operations closed since 2017, with equipment on-site.
Where is this manufacturing property located?
The property is located at 1661 W 11th Gary, IN.
What are key features of this property?
This property features: Former potato chip production facility in Gary with on‑site equipment; Operations have been closed since 2017 (nonoperational for 3 years); Facility is described as being available to restart production of Peerless Potato Chips
More about this property
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