4500 Harrison St Gary, IN 46408-3930
This exceptional 0.1-acre mixed-use property located at 4500 Harrison Street in Gary, Indiana, presents a unique investment opportunity. Currently configured as a well-maintained church, the building offers significant potential for diverse redevelopment. The adaptable space allows for a wide range of uses, making it an ideal canvas for creative entrepreneurs and investors. The property's existing structure is in excellent condition, minimizing upfront renovation costs and maximizing return on investment. While currently used as a place of worship, the building's layout and features lend themselves to various commercial or residential conversions. Imagine transforming this established building into a thriving business, community center, or even a unique residential space. The possibilities are virtually limitless. Note that certain existing fixtures, including musical equipment and industrial appliances, are not included in the sale but may be available for separate purchase. This prime Gary location offers easy access to major transportation routes and a growing local community. Priced competitively at $140,000, this property represents an exceptional value for those seeking a versatile and profitable investment. Don't miss this chance to acquire a remarkable building with immense potential in a dynamic market. Serious inquiries are encouraged.
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New Beginnings Fellowship Church Church
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
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.