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    OFF-MARKET
    Industrial properties

    2152 Front St, Gary, IN 46407

    0.61 ac lot Built 2003
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Industrial properties
    Year built 2003
    Lot 0.61 ac (26,572 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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