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Broadway Storefront Commercial Building
For Sale
$175,000

4007 Broadway, Gary, IN 46409

1920s-era commercial building on Broadway with storefront configuration and zoning for commercial uses.

Property Size2,160 SF
Lot Size7,300.00 Acres
Price / SF$81.02
Days on Market139

Property Features for 4007 Broadway

General Information

Standard status Active
Size 2,160 SF
Lot size 7,300.00 Acres

Site & Location

Highway Access Yes
Road Access Yes

Taxes and HOA fees

Annual Taxes $2,000

Building Details

Year Built 1927
Listing Agency: McColly Real Estate
Listed By: Alan Harrell · License #RB14052205
Source: Exprealty
Added: Apr 20 Changed: Sep 4 Last Checked: Sep 4 at 12:09PM

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 McColly Real Estate

Investment Insights

Based on property information with market context.

This 1920s-era commercial building offers a storefront-oriented layout suitable for retail or specialized service use. The property is associated with a long-standing use as “Ace Cleaners & Tailors,” and the existing setup is described as accommodating retail, specialized service, or creative office space.

Located on Broadway, the site is positioned along a high-traffic frontage. The property is noted as being just south of the I-80/94 interchange and near Indiana University Northwest, along with local schools and major transit routes.

The property is identified as zoned for commercial uses, providing flexibility for continued service use, retail, or office conversions based on buyer goals.

Key Highlights

  • 4007 Broadway: 1920s‑era commercial building with storefront configuration and commercial zoning
  • Building history includes long‑term use as “Ace Cleaners & Tailors,” with existing setup suited for service use
  • Lot size: over 7,300 SF

Property Analytics

Current Use

Ace Cleaners & Tailors (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Building Supply HVAC Service Pharmacy

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

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

346
Businesses Nearby
24k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 86% Dining 7% Electronics 7%
PLS Financial Services Shops & Services
5,758 visits/mo 0.3 miles
Family Dollar Shops & Services
5,275 visits/mo 0.4 miles
Family Dollar Shops & Services
4,975 visits/mo 0.3 miles
Chase Bank Shops & Services
4,636 visits/mo 0.4 miles
Beggars Pizza Dining
1,791 visits/mo 0.5 miles

Demographics for 46409, IN

6,975
Population
4,238
Households
1.6
Avg Household Size
35
Median Age
12%
College-Educated
85%
High-School Grad
3.6 sq mi
ZIP Area
1,938
Density / Sq Mi
$40,637
Median Household Income
$29,769
Median Earnings
$1,194
Median Rent
$73,300
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?
Storefront property - 1920s-era commercial building on Broadway with storefront configuration and zoning for commercial uses.
Where is this storefront property located?
The property is located at 4007 Broadway Gary, IN.
What is the asking price?
The asking price for this property is $175,000.
What are key features of this property?
This property features: 4007 Broadway: 1920s‑era commercial building with storefront configuration and commercial zoning; Building history includes long‑term use as “Ace Cleaners & Tailors,” with existing setup suited for service use; Lot size: over 7,300 SF
More about this property
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