Mixed-Use Building with
For Sale
$125,000
5007 W 5th Avenue, Gary, IN 46406
Corner mixed-use property with a furnished basement, bathroom, break room, studio space, and security system.
Property SizeContact for details
Days on Market602
Property Features for 5007 W 5th Avenue
General Information
Standard status
Active
Property subtype
Mixed Use
Taxes and HOA fees
Annual Taxes
$1,148
Amenities
security system
fully-furnished basement
bathroom
break room
studio space
3
Corner Lot.
No Parking.
Corner.
Building Details
Year Built
1956
Listing Agency:
Heritage Real Estate Services,
(219) 613-3968
Listed By:
Binika Henderson · License #RB14040519
(219) 613-3968
Source:
Xome
Added: Jan 5, 2025
Changed: Aug 30
Last Checked: Aug 30 at 1:45PM
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 Heritage Real Estate Services,
Investment Insights
Based on property information with market context.
This mixed-use property is offered in as-is condition and was built in 1956. The building includes a furnished basement arranged with a bathroom, break room, and studio area. Studio equipment is included with the property, providing existing improvements for a studio-oriented operation.
A security system is installed for the building. The property occupies a corner lot at 5007 W 5th Avenue in Gary, Indiana, and the site has no parking. The combination of mixed-use classification, basement amenities, and dedicated studio space gives the property a defined physical configuration for a range of commercial applications supported by the existing layout.
A security system is installed for the building. The property occupies a corner lot at 5007 W 5th Avenue in Gary, Indiana, and the site has no parking. The combination of mixed-use classification, basement amenities, and dedicated studio space gives the property a defined physical configuration for a range of commercial applications supported by the existing layout.
Key Highlights
- Furnished basement with bathroom, break room, and studio space
- Studio equipment included with the property
- Installed security system
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
170
Businesses Nearby
Explore this area
Business Placement
Demographics for 46406, IN
8,776
Population
3,938
Households
2.2
Avg Household Size
36
Median Age
9%
College-Educated
81%
High-School Grad
13.5 sq mi
ZIP Area
650
Density / Sq Mi
$35,631
Median Household Income
$28,705
Median Earnings
$972
Median Rent
$86,300
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Corner mixed-use property with a furnished basement, bathroom, break room, studio space, and security system.
Where is this mixed-use property located?
The property is located at 5007 W 5th Avenue Gary, IN.
What is the asking price?
The asking price for this property is $125,000.
What are key features of this property?
This property features: Furnished basement with bathroom, break room, and studio space; Studio equipment included with the property; Installed security system
