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Six-Unit Mixed-Use Property

4683 Broadway, Gary, IN 46409

For Sale
$399,900

Commercial Sale, Gary, IN

Property Size9,000 SF
Lot Size0.20 Acres
Price / SF$44.43
Days on Market40

Property Features for 4683 Broadway

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Commercial
Rooms Basement
Parking 12
Parking features Garage, On Street, Off Street
Interior features Entrance Foyer
Exterior features Lighting, Storage
Basement Full, Sump Pump, Storage Space, Unfinished
Appliances Water Heater
Subdivision Broadway Realty & Inv Cos 01
Lot features Near Public Transit, Rectangular Lot
View City
Elementary school Glen Park Academy
High school West Side Leadership Academy
Elementary school district Gary
Middle school district Gary
High school district Gary
Directions Rt 30 to Broadway, north to address.
Standard status Active
APN 450834105008000004
Size 9,000 SF
Lot size 0.20 Acres

Additional Details

Tenant in Place Yes
Mixed-Use Components retail, residential

Taxes and HOA fees

Tax Year 2025
Tax Description BROADWAY REALTY & INV. CO'S 1ST ADD. LOTS 28 TO 30 BL.5
Tax Annual Amount 5788
Legal Description BROADWAY REALTY & INV. CO'S 1ST ADD. LOTS 28 TO 30 BL.5

Utilities

Sewer type Public Sewer
Heating system Natural Gas, Hot Water(Heating), Forced Air, Central, Baseboard
Water source Public

Building Details

Year built 1950
Additional Structures Storage
Buildings 1
Listing Agency: Realty Executives Premier · Realty Executives International
Listed By: William Kornblum
Added: Oct 2 Changed: Nov 10 Last Checked: Nov 10 at 12:06PM
MLS# 846244

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.

Rey
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Investment Insights

Based on property information with market context.

At 9,000 square feet, this mixed-use building contains three commercial spaces on the ground floor and three apartments above. The residential mix is two two-bedroom units and one one-bedroom unit. A separate two-car garage is also rented. Built in 1950, the property received a new roof in 2021, second-floor windows in 2024, and a replacement boiler in 2016. Commercial spaces have forced-air heat and central air; the apartments use boiler heat and have tenant-supplied window air conditioners and appliances.

The building is at 4683 Broadway in Gary, on a 0.2-acre parcel. The commercial occupants include a hair salon and financial planner; the barbershop is relocating with the sale. Public water and sewer serve the property.

Key Highlights

  • 9,000‑square‑foot mixed‑use building on 0.2 acres
  • Three commercial spaces and three apartments: two two‑bedroom units and one one‑bedroom unit
  • Separately rented two‑car garage

Property Analytics

Who owns this building? See the owner, sales and loan history
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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
Yes
Paved road access
Yes
Utilities to site

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Properties on Market for Mixed-use properties in Lake County

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Three street-level business spaces sit below three apartments, with a separately leased two-car garage on the property.
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: 9,000‑square‑foot mixed‑use building on 0.2 acres; Three commercial spaces and three apartments: two two‑bedroom units and one one‑bedroom unit; Separately rented two‑car garage
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