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Mixed-Use Building with Garage
New
For Sale
$399,900

4683 Broadway, Gary, IN 46409

Three street-level business spaces sit below three apartments, with a separately rented two-car garage on Broadway.

Property Size9,000 SF
Price / SF$44.43
Days on Market2

Property Features for 4683 Broadway

General Information

Standard status Active
Size 9,000 SF

Units

Unit Mix 2 x 2BR, 1 x 1BR
Multifamily Units 3

Additional Details

Furnished No

Building Details

Year Built 1950
Buildings 1
Tenancy Multi
Listing Agency: Realty Executives Premier
Listed By: William Kornblum, Bill Port
Source: Realtopiare
Added: Oct 5 Changed: Oct 6 Last Checked: Oct 6 at 2:45AM

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 mixed-use property on Broadway in Gary combines three ground-floor commercial spaces with three apartments upstairs. The residential mix includes two two-bedroom units and one one-bedroom unit. A separately leased two-car garage adds another component to the property. The layout comprises seven rental spaces across the commercial, residential, and garage areas.

The commercial spaces have forced-air heat and central air conditioning. Apartments are boiler heated; the boiler was replaced in 2016. Second-floor windows were installed in 2024, and the roof was replaced in 2021. The existing barbershop tenant plans to relocate with the sale.

Key Highlights

  • Three commercial spaces and three apartments, plus a separately rented two‑car garage
  • Apartment mix: two two‑bedroom units and one one‑bedroom unit
  • Roof replaced in 2021

Property Analytics

Current Use

Playboy Barber & Style ... Barber Shop

Suggested Use

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

3
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

357
Businesses Nearby

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 Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Three street-level business spaces sit below three apartments, with a separately rented two-car garage on Broadway.
Where is this mixed-use property located?
The property is located at 4683 Broadway Gary, IN.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: Three commercial spaces and three apartments, plus a separately rented two‑car garage; Apartment mix: two two‑bedroom units and one one‑bedroom unit; Roof replaced in 2021
More about this property
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