4477-4479 Cleveland St Gary, IN 03113
This exceptional mixed-use property at 4477-4479 Cleveland Street in Gary, Indiana presents a unique investment opportunity. Spanning 3,753 square feet on a 0.4-acre lot, this turnkey business boasts a loyal customer base cultivated over 44 years. The property is ideally suited for hosting events of various sizes, offering ample parking for up to 40 vehicles. A significant advantage is the inclusion of a transferable three-way liquor license, a valuable asset for continued operation. All fixtures, furniture, and equipment are included in the sale price of $350,000, ensuring a smooth transition for the new owner. The current owner is prepared to facilitate a seamless handover, providing support during the transition period. Strategically located just 10 minutes from the Hard Rock Casino and minutes from the intersection of Highways 65, 80, and 94, this property benefits from high visibility and convenient access. Detailed financial statements are available upon request for serious inquiries, showcasing the strong income potential of this established business. This is a rare chance to acquire a well-established, profitable business with significant growth potential in a prime location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.