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Upstairs Office Suite
For Lease
$1,200/Mo

650 S Lake St, Gary, IN 46403

Upstairs office suite with a large primary room and a smaller side office, with CAM included in rent.

Space SizeContact for details
Property Size9,000 SF
Days on Market63

Property Features for 650 S Lake St

General Information

Standard status Active
Size 9,000 SF
Listing Agency: New Chapter Real Estate
Listed By: Javier Ledesma · License #RB21000736
Source: Exprealty
Added: Jun 8 Changed: Jul 10 Last Checked: Aug 8 at 7:47AM

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 New Chapter Real Estate

Investment Insights

Based on property information with market context.

This for-rent office unit is located upstairs and features a larger primary room measuring 19' x 26', along with a smaller side office measuring 11'6" x 7'3". The space is configured to support a private office arrangement, offering separation between the main work area and an additional enclosed room.

The property is positioned at 650 S Lake St in Gary, Indiana. The listing notes that CAM is paid by the lessee and is included in the rent, which can simplify budgeting for occupancy costs.

For tenants seeking a focused office setup, the layout provides a straightforward option for professionals who need a primary room plus a smaller office for meetings, administrative work, or support functions. Because the CAM is included in the rent, tenants can evaluate the space primarily on the business needs of the two-room configuration rather than separately managing common-area expense estimates. This suite is best suited for an operator looking for an efficient, upstairs office arrangement.

Key Highlights

  • Upstairs office suite for rent with a 19x26 larger primary room
  • Includes a smaller side office measuring 11'6 x 7'3
  • CAM is paid by the lessee and is included in the rent

Property Analytics

Current Use

Meade Electric Co ... Electrical Service Haywood & Fleming Assoc/HFA Insurance Agency Sneaky Link Boutique Clothing & Fashion Store Markes Medical Group Medical Group Centier Bank Bank

Suggested Use

Top Pick HVAC Service Nail Salon Auto Repair Shop Plumbing Service Hair Salon (Bike/Boat/Book/etc) 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.

Lease Details

NNN (Triple Net)
Lease Type
$0.24 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

369
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

Lease Benchmarks for Gary, IN

$9.43 /SF/Yr
Avg Asking Price
$1.6–$13.45 /SF/Yr
Price Range
4,364 SF
Avg Space Size

This space is priced 83% below the average of $9.43 /SF/Yr.

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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Frequently Asked Questions

What type of property is this?
Office units - Upstairs office suite with a large primary room and a smaller side office, with CAM included in rent.
Where is this office units located?
The property is located at 650 S Lake St Gary, IN.
What is the lease rate?
The lease rate is $1,200/Mo.
What are key features of this property?
This property features: Upstairs office suite for rent with a 19x26 larger primary room; Includes a smaller side office measuring 11'6 x 7'3; CAM is paid by the lessee and is included in the rent
More about this property
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