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Transit-Oriented Commercial Land
For Sale
$210,400

614 S Lake St, Gary, IN 46403

Commercial land in a TOD Zone near the South Shore Line station and Miller Beach Business District.

Property Size5,600 SF
Price / SF$37.57
Days on Market45

Property Features for 614 S Lake St

General Information

Standard status Active
Size 5,600 SF

Building Details

Year Built 1953
Listing Agency: McColly Real Estate
Listed By: Alan Harrell · License #RB14052205
Source: Realtopiare
Added: Jul 17 Changed: Aug 29 Last Checked: Aug 25 at 5:21AM

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 McColly Real Estate

Investment Insights

Based on property information with market context.

This commercial land parcel at 614 S Lake Street is positioned within Miller Beach’s East Lakefront District and Transit-Oriented Development (TOD) Zone. The property size is listed as 5,600, with the site identified for consideration of mixed-use development, boutique retail, dining, entertainment, or a cultural destination.

The parcel is near the South Shore Line train station, Miller Beach Business District, and Miller Beach Creative Arts District. Nearby recreational context includes Lake Street Beach, Indiana Dunes National Park, and lakefront trails. Artisan cafes, boutique shops, craft breweries, and restaurants are also identified in the surrounding area.

Key Highlights

  • 5,600 commercial land parcel at 614 S Lake Street
  • Located within the Transit‑Oriented Development (TOD) Zone
  • Near the South Shore Line train station

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Building Supply Real Estate Agency Dental Office Auto Repair Shop Pharmacy Big Box & Wholesale Store

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

386
Businesses Nearby
34k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 53% Shops & Services 47%
McDonald's Dining
15,472 visits/mo 0.2 miles
Dollar General Shops & Services
5,958 visits/mo 0.3 miles
Citgo Shops & Services
5,453 visits/mo 0.5 miles
SUBWAY Dining
2,742 visits/mo 0.2 miles
Chase Bank Shops & Services
1,633 visits/mo 0.1 miles

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 Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Commercial land - Commercial land in a TOD Zone near the South Shore Line station and Miller Beach Business District.
Where is this commercial land located?
The property is located at 614 S Lake St Gary, IN.
What is the asking price?
The asking price for this property is $210,400.
What are key features of this property?
This property features: 5,600 commercial land parcel at 614 S Lake Street; Located within the Transit‑Oriented Development (TOD) Zone; Near the South Shore Line train station
More about this property
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