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    Retail/Office Space with Renovation Needs Title is generated by Realmo AI

    508 S Lake Street, Gary, IN 46403

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    For Sale
    $89,900

    SINGLE_FAMILY - Gary, IN

    Type:Retail
    Property size:
    720 SF
    Lot size:
    0.06 Acres
    Price / SF:
    $124/SF
    Added:
    May 13, 2026
    Days on Market:
    50
    Last Refresh:
    Jul 1 at 6:06 pm

    Property Features for 508 S Lake Street

    General Information

    Property type
    Residential
    Property subtype
    Retail
    Parking
    3
    Parking features
    Off Street, On Street, Alley
    Standard status
    Active
    APN
    450906401018000004
    Size
    720 SF
    Lot size
    0.06 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Description
    CHAS. F. BLANK'S RESUB. BLK. 13 N. 1/2 LOT 3 BL. 1 S. 7.5 FT. LOT 2 BL. 1
    Tax Annual Amount
    1045

    Utilities

    Utilities
    Natural Gas Available
    Sewer type
    Public Sewer
    Heating system
    Forced Air
    Water source
    Public

    Building Details

    Year built
    1948

    We can help!

    Contact an agent
    Lutrell Kirk
    Lutrell Kirk

    Listing agent Lutrell Kirk

    Listing office Kirk & Company Your Home Sold 8219 Wicker Ave, Chesterton, IN

    Listing date May 13, 2026

    MLS# 838821

    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.

    HighLights

    • Approx. 720 SF retail/office space
    • Forced air heating
    • Natural gas available
    • Public water and public sewer
    • Parking includes alley, on‑street, and off‑street options
    • Built in 1948

    Overview

    This for-sale retail/office space offers approximately 720 square feet of indoor area and is being presented as a blank-canvas opportunity, with updates needed to bring the space to your preferred configuration. It can support service-oriented uses such as a barber or salon, boutique, insurance or mortgage-related office, tax service, or other business that needs a small footprint with room to tailor the layout.

    The property is located at 508 S Lake Street in Gary, Indiana (Lake County). With a small lot size of 0.062 acres, the site is suited to an operator seeking ownership rather than leasing, and offers a straightforward way to create a dedicated place of business.

    For small business owners, contractors, and investors, the key practical advantage is control: you can acquire the space, renovate to your standards, and determine how the unit is used going forward. The listing price is positioned to account for the condition and required improvements, which may help reduce the upfront cost of starting from an existing shell and building the space to match your business plan.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Gary
    County
    Lake
    State
    Indiana
    Longitude
    -87.26836
    Latitude
    41.601418

    FAQs

    What type of property is this?
    Retail space - Compact retail/office property for sale, offered at a price reflecting needed updates and customization flexibility.
    Where is this retail space located?
    The property is located at 508 S Lake Street Gary, IN.
    What is the asking price?
    The asking price for this property is $89,900.
    What are key features of this property?
    This property features: Approx. 720 SF retail/office space; Forced air heating; Natural gas available
    More about this property
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