2152 Front St, Gary, IN 46407
This exceptional 4500-square-foot industrial property, situated on a sizable 0.61-acre lot in Gary, Indiana, presents a remarkable investment opportunity. The building boasts a robust concrete structure with 10-foot ceilings, providing ample space for a variety of uses. Located within the M-1 Limited Manufacturing District, the property benefits from a diverse range of permitted activities, including retail, production, processing, cleaning, testing, repair, warehousing, wholesale operations, public and community services, lodge hall establishment, and even amusement park development. The possibilities are extensive, catering to a broad spectrum of business ventures. The property features a substantial 400 AMP electrical service (though a meter is not currently installed), ensuring sufficient power for most industrial applications. City water and sewer connections are already in place, simplifying operational setup and reducing initial infrastructure costs. This versatile property offers significant potential for growth and profitability, making it an attractive proposition for discerning investors and entrepreneurs seeking a strategic location in Gary, Indiana. Further details regarding permitted uses can be obtained by contacting the City of Gary directly.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property 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.