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Two-Unit Mixed-Use Property
For Sale
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4481-83 Broadway, Gary, IN 46409

Brick commercial building with an upper-level salon layout and a lower unit offering multiple future business-use options.

Property SizeContact for details
Days on Market142

Property Features for 4481-83 Broadway

General Information

Standard status Active
Property subtype Business for Sale, Mixed Use, Retail, Office

Property Condition

Severity Repairs Needed
Evidence needs TLC

Building Details

Buildings 1
Construction brick
Tenancy Multi
Listing Agency: Realty Executives Premier
Listed By: Corrina Whalen
Source: Crexi
Added: Apr 13 Changed: Aug 31 Last Checked: Aug 30 at 7:33PM

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 Realty Executives Premier

Investment Insights

Based on property information with market context.

This two-unit brick commercial property at 4481-83 Broadway includes an upper unit configured for salon or spa operations. The layout features six private service rooms, three hair-washing stations, dryers, an updated waiting area, a front reception desk, vinyl flooring, and multiple windows that provide natural light. One full bathroom and a rear playroom are also included.

The lower unit requires TLC and offers space that has been identified for potential retail, restaurant, or shake shop use. Together, the units provide distinct areas for an established service-oriented layout upstairs and a separately configured commercial space below. The property is located in Gary, Indiana, at the Broadway address provided.

Key Highlights

  • Two brick commercial units at 4481‑83 Broadway
  • Upper unit includes 6 private hair or lash service rooms
  • Three hair‑washing stations and dryers included

Property Analytics

Current Use

Spa & wellness properties

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Gym & Fitness Center HVAC Service Skin Care Clinic

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

335
Businesses Nearby
14k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 87% Dining 13%
Family Dollar Shops & Services
5,275 visits/mo 0.2 miles
Citgo Shops & Services
3,933 visits/mo 0.2 miles
Centier Bank Shops & Services
2,989 visits/mo 0.5 miles
Beggars Pizza Dining
1,791 visits/mo 0.2 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?
Mixed-use property - Brick commercial building with an upper-level salon layout and a lower unit offering multiple future business-use options.
Where is this mixed-use property located?
The property is located at 4481-83 Broadway Gary, IN.
What are key features of this property?
This property features: Two brick commercial units at 4481‑83 Broadway; Upper unit includes 6 private hair or lash service rooms; Three hair‑washing stations and dryers included
(219) 902-7498 Call to check price and availability
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