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Light Industrial Property with Multiple Lots
For Sale
$189,900

2450 W Ridge Rd, Gary, IN 46408

M-1 light manufacturing zoned site on eight city lots, including a storage container and office furniture.

Property Size500 SF
Lot Size8.00 Acres
Price / SF$379.80
Days on Market49

Property Features for 2450 W Ridge Rd

General Information

Standard status Active
Size 500 SF
Lot size 8.00 Acres
Zoning M-1

Additional Details

Business Included Yes

Taxes and HOA fees

Annual Taxes $1,326
Listing Agency: Integrity Realty Partners
Listed By: Angela Manning · License #RB17000786
Source: Exprealty
Added: Jul 6 Changed: Aug 23 Last Checked: Aug 22 at 12:43PM

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 Integrity Realty Partners

Investment Insights

Based on property information with market context.

This M-1 light manufacturing zoned property is configured as a multi-lot site totaling eight city lots. The offering includes a storage container and office furniture, supporting immediate move-in for storage and basic office use. The property has previously been used for an auto sales business, with the current owners reporting averages of 20–25 vehicle sales per month.

Located at 2450 W Ridge Road in Gary, Indiana, the site is positioned on a high-visibility corridor.

With eight city lots, the property provides room for inventory, parking, storage, or site reconfiguration in line with M-1 light manufacturing zoning.

Key Highlights

  • M‑1 light manufacturing zoned commercial site at 2450 W. Ridge Road, Gary, IN
  • Property includes 8 city lots for inventory, parking, storage, or future expansion
  • Proven on‑site business history: owners operated an auto sales business averaging 20–25 vehicle sales per month

Property Analytics

Current Use

H & R Auto ... Car Dealership E-zee Auto Credit Car Dealership

Suggested Use

Top Pick Real Estate Agency Big Box & Wholesale Store Building Supply Law Firm Pharmacy Gym & Fitness Center

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

344
Businesses Nearby
Well-served
Demand for This Use

Demographics for 46408, IN

15,109
Population
7,861
Households
1.9
Avg Household Size
38
Median Age
12%
College-Educated
84%
High-School Grad
9.7 sq mi
ZIP Area
1,558
Density / Sq Mi
$47,063
Median Household Income
$35,163
Median Earnings
$1,016
Median Rent
$96,200
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?
Auto shop - M-1 light manufacturing zoned site on eight city lots, including a storage container and office furniture.
Where is this auto shop located?
The property is located at 2450 W Ridge Rd Gary, IN.
What is the asking price?
The asking price for this property is $189,900.
What are key features of this property?
This property features: M‑1 light manufacturing zoned commercial site at 2450 W. Ridge Road, Gary, IN; Property includes 8 city lots for inventory, parking, storage, or future expansion; Proven on‑site business history: owners operated an auto sales business averaging 20–25 vehicle sales per month
More about this property
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