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Two-Story Mixed-Use Property
For Sale
$225,000

2439 W 15th Avenue, Gary, IN 46404

COMMERCIAL - Gary, IN

Property Size3,387 SF
Lot Size0.07 Acres
Price / SF$66.43
Days on Market28

Property Features for 2439 W 15th Avenue

General Information

Property type Commercial Sale
Property subtype Other
Rooms Basement
Parking 2
Parking features On Street, Off Street, Garage
Exterior features Storage
Basement Unfinished
Appliances Gas Range, Water Heater, Refrigerator
Subdivision Rearrangement Orchard Park Add
Lot features Corner Lot, Paved
Directions 15th to Ellsworth St. Building in the corner.
Standard status Active
APN 450808327001000004
Size 3,387 SF
Lot size 0.07 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description RUNDELL'S REARRANGMENT LOT 59 EX. E.1FT
Tax Annual Amount 12631
Legal Description RUNDELL'S REARRANGMENT LOT 59 EX. E.1FT

Utilities

Sewer type Public Sewer
Heating system Hot Water(Heating)
Water source Public

Building Details

Year built 1920
Additional Structures Storage
Listing Agency: Listing Leaders
Listed By: Joseph Young
Added: Jul 24 Changed: Aug 19 Last Checked: Aug 20 at 5:06PM
MLS# 842845

Copyright © 2026 Greater Northwest Indiana Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Built in 1920, this two-story mixed-use property contains 3,387 square feet on a 0.068-acre lot. The ground level is configured for restaurant and bar operations, with areas for dining, food preparation, customer service, and storage. A residential unit occupies the upper floor and includes a private entrance, multiple bedrooms, a full bathroom, and a kitchen.

The property is located at 2439 W 15th Avenue in Gary, Indiana. Parking options include on-street, off-street, and garage parking. Public water and public sewer serve the property, while heating is provided by a hot water system. Existing appliances include a gas range, water heater, and refrigerator, and the property also includes a basement.

Key Highlights

  • 3,387‑square‑foot mixed‑use property on a 0.068‑acre lot
  • Two‑story layout with restaurant and bar space on the first floor
  • Upper‑level residential unit with private entrance, multiple bedrooms, full bathroom, and kitchen

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Real Estate Agency Dental Office Hair Salon Spa & Massage Center Parking Lot & Garage Electrical Service

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

1
Residential units

Location Intelligence

Trade Area within ½ mile

276
Businesses Nearby
6k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Westside Foods of Gary INC Shops & Services
4,199 visits/mo 0.1 miles
Citgo Shops & Services
1,473 visits/mo 0.5 miles

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 Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Commercial restaurant and bar space occupies the ground floor, with a separate residential unit above.
Where is this mixed-use property located?
The property is located at 2439 W 15th Avenue Gary, IN.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: 3,387‑square‑foot mixed‑use property on a 0.068‑acre lot; Two‑story layout with restaurant and bar space on the first floor; Upper‑level residential unit with private entrance, multiple bedrooms, full bathroom, and kitchen
More about this property
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