Mixed-Use Live-Work
For Sale
$80,000
5425 Melton Road, Gary, IN 46403
Well-maintained mixed-use building with commercial space and residential opportunities, offered for sale.
Property Size1,552 SF
Price / SF$51.55
Days on Market166
Property Features for 5425 Melton Road
General Information
Standard status
Active
Size
1,552 SF
Property subtype
Mixed Use
Taxes and HOA fees
Annual Taxes
$1,557
Amenities
Central Air
3
5612
Building Details
Year Built
1929
Listing Agency:
Coldwell Banker Realty
(773) 451-1200
Listed By:
Armond Boulware · License #RB17001020
(219) 614-7986
Source:
Xome
Added: Mar 24
Changed: Sep 1
Last Checked: Sep 5 at 6:17AM
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 Coldwell Banker Realty
Investment Insights
Based on property information with market context.
5425 Melton Road is a well-maintained mixed-use property that combines commercial space with residential live-work flexibility under one roof. The building is presented as a functional, ready-to-use facility with room to support a range of commercial concepts.
The commercial portion is described as suitable for retail, office, or service-based operations, with the overall site positioned for convenient access and day-to-day usability. The property is also marketed as an opportunity for investors or owner-occupants who want income potential alongside the option for live-work use.
Offered for sale, this property’s mixed configuration is designed to support both business and personal needs in a single address.
The commercial portion is described as suitable for retail, office, or service-based operations, with the overall site positioned for convenient access and day-to-day usability. The property is also marketed as an opportunity for investors or owner-occupants who want income potential alongside the option for live-work use.
Offered for sale, this property’s mixed configuration is designed to support both business and personal needs in a single address.
Key Highlights
- Mixed‑use building with commercial space and residential opportunities in one property
- Central air cooling
- Year built: 1929
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
371
Businesses Nearby
Explore this area
Business Placement
Demographics for 46403, IN
11,649
Population
6,317
Households
1.8
Avg Household Size
41
Median Age
25%
College-Educated
90%
High-School Grad
9.1 sq mi
ZIP Area
1,280
Density / Sq Mi
$44,114
Median Household Income
$37,569
Median Earnings
$939
Median Rent
$154,800
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Live-work space - Well-maintained mixed-use building with commercial space and residential opportunities, offered for sale.
Where is this live-work space located?
The property is located at 5425 Melton Road Gary, IN.
What is the asking price?
The asking price for this property is $80,000.
What are key features of this property?
This property features: Mixed‑use building with commercial space and residential opportunities in one property; Central air cooling; Year built: 1929
