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Mixed-Use Property
For Sale
$60,000

5425 Melton Rd, Gary, IN 46403

Combines commercial space with residential opportunities at 5425 Melton Road.

Property Size936 SF
Price / SF$64.10
Days on Market135

Property Features for 5425 Melton Rd

General Information

Standard status Active
Size 936 SF

Building Details

Buildings 1
Listing Agency: Coldwell Banker Realty
Listed By: Armond Boulware · License #RB17001020
Source: Exprealty
Added: Mar 25 Changed: Jul 31 Last Checked: Jul 31 at 12:43PM

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 mixed-use property combining commercial and residential opportunities in one building. The commercial space offers a functional layout for business operations and is described as suitable for retail, office, or service-based uses.

The property is located on Melton Road in Gary, Indiana. Its configuration supports both commercial use and residential occupancy, offering flexibility for an owner-occupant or an investor seeking a property with multiple use components.

Key Highlights

  • Mixed‑use property combining commercial and residential opportunities
  • Commercial space with a functional layout for business operations
  • Potential uses include retail, office, or service‑based operations

Property Analytics

Current Use

Live-work space

Suggested Use

Top Pick Real Estate Agency Dental Office Pharmacy Auto Parts Store Building Supply Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

112
Businesses Nearby

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

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Combines commercial space with residential opportunities at 5425 Melton Road.
Where is this mixed-use property located?
The property is located at 5425 Melton Rd Gary, IN.
What is the asking price?
The asking price for this property is $60,000.
What are key features of this property?
This property features: Mixed‑use property combining commercial and residential opportunities; Commercial space with a functional layout for business operations; Potential uses include retail, office, or service‑based operations
More about this property
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