Mixed-Entry Retail
For Sale
$42,900
1600 Broadway, Gary, IN 46407
Building includes three retail spaces with two storefront units on Broadway and an additional unit with entry on 16th Ave.
Property SizeContact for details
Days on Market472
Property Features for 1600 Broadway
General Information
Standard status
Active
Property subtype
Retail
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$2,347
Amenities
3
Corner Lot.
No Parking.
City
Corner.
Building Details
Year Built
1915
Listing Agency:
Howard Realty Group, LLC
Listed By:
Carmen Howard
(219) 888-8043
Source:
Xome
Added: May 22, 2025
Changed: Sep 1
Last Checked: Sep 5 at 5:17AM
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 Howard Realty Group, LLC
Investment Insights
Based on property information with market context.
This commercial building features three retail spaces, with two units in the front on Broadway and a third unit entered from 16th Ave. The upstairs area requires renovation and is currently positioned for office use or potential conversion to rental apartments. A large open basement space also provides additional usable area.
The property is offered for sale as-is, with the seller indicating no repairs will be made. Public remarks describe a main street setting with easy access to major highways.
With a multi-unit retail configuration and additional space in the upper and basement levels, the building offers a straightforward platform for an owner-operator or investor seeking a retail-focused commercial property.
The property is offered for sale as-is, with the seller indicating no repairs will be made. Public remarks describe a main street setting with easy access to major highways.
With a multi-unit retail configuration and additional space in the upper and basement levels, the building offers a straightforward platform for an owner-operator or investor seeking a retail-focused commercial property.
Key Highlights
- Building built in 1915 on a corner lot
- 3 retail spaces: 2 storefront units on Broadway and 1 unit with entry on 16th Ave
- Additional upstairs space available for offices or possible conversion to rental apartments (upstairs needs renovation)
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
493
Businesses Nearby
35k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 56%
Dining 44%
White Castle
Dining
8,263 visits/mo
0.2 miles
Church's Chicken
Dining
7,127 visits/mo
0.1 miles
Dollar General
Shops & Services
6,196 visits/mo
0.2 miles
Citgo
Shops & Services
5,850 visits/mo
0.1 miles
Mobil
Shops & Services
4,710 visits/mo
0.1 miles
Demographics for 46407, IN
9,862
Population
6,644
Households
1.5
Avg Household Size
39
Median Age
11%
College-Educated
81%
High-School Grad
4.2 sq mi
ZIP Area
2,348
Density / Sq Mi
$25,551
Median Household Income
$28,504
Median Earnings
$807
Median Rent
$55,000
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Building includes three retail spaces with two storefront units on Broadway and an additional unit with entry on 16th Ave.
Where is this retail space located?
The property is located at 1600 Broadway Gary, IN.
What is the asking price?
The asking price for this property is $42,900.
What are key features of this property?
This property features: Building built in 1915 on a corner lot; 3 retail spaces: 2 storefront units on Broadway and 1 unit with entry on 16th Ave; Additional upstairs space available for offices or possible conversion to rental apartments (upstairs needs renovation)
