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    4477-4479 Cleveland St Gary, IN 03113

    • Mixed-use properties
    • 0.40 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Mixed-use properties

    Property Details for 4477-4479 Cleveland St

    Year built
    1966
    Lot size
    0.40 lot acres
    Property type
    Mixed-use properties

    Description

    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.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Gary
    County
    Lake
    State
    Indiana
    Longitude
    -87.3601
    Latitude
    41.5377
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    4477-4479 Cleveland St
    Gary, IN 03113
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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