Corner Shopping Center with Restaurant
For Sale
$350,000
2101 Carolina St, Gary, IN 46407
Multi-tenant corner center includes occupied grocery space and a restaurant area with commercial kitchen equipment.
Property Size7,125 SF
Price / SF$49.12
Days on Market26
Property Features for 2101 Carolina St
General Information
Standard status
Active
Size
7,125 SF
Occupancy
67%
Restaurant
Commercial Hood
Yes
Equipment Included
Yes
Additional Details
Corner Location
Yes
Building Details
Year Built
1950
Buildings
1
Tenancy
Multi
Listing Agency:
21 Century Realty Group
(219) 246-1929
Listed By:
Ahmed Hjayyer
Source:
Amyboston.realtopiare
Added: Aug 3
Changed: Aug 28
Last Checked: Aug 25 at 3:58AM
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 21 Century Realty Group
Investment Insights
Based on property information with market context.
This shopping center contains 7,125 square feet arranged among six store units. Four units are occupied by a grocery store, while the remaining portion includes restaurant space with commercial equipment, including fryers, freezers, refrigerators, a walk-in refrigerator and freezer, and an extra-large hood. The restaurant area can support a future reopening, subject to applicable requirements.
The property occupies a corner lot spanning over 0.7 acres and includes a brand-new roof, newer electrical service, and newer AC units. Built in 1950, the center combines existing retail occupancy with a separately equipped restaurant component in a single commercial property.
The property occupies a corner lot spanning over 0.7 acres and includes a brand-new roof, newer electrical service, and newer AC units. Built in 1950, the center combines existing retail occupancy with a separately equipped restaurant component in a single commercial property.
Key Highlights
- 7,125‑square‑foot shopping center divided among 6 store units
- 4 of the 6 units are occupied by a grocery store
- Restaurant area includes fryers, freezers, refrigerators, walk‑in refrigeration, and an extra‑large hood
Property Analytics
Property Profile
Current Use
Lease Details
66.7%
Occupancy
Multi-tenant
Tenancy
Yes
Commercial hood
Location Intelligence
Trade Area within ½ mile
298
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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?
Shopping center - Multi-tenant corner center includes occupied grocery space and a restaurant area with commercial kitchen equipment.
Where is this shopping center located?
The property is located at 2101 Carolina St Gary, IN.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: 7,125‑square‑foot shopping center divided among 6 store units; 4 of the 6 units are occupied by a grocery store; Restaurant area includes fryers, freezers, refrigerators, walk‑in refrigeration, and an extra‑large hood
