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Property profile & analytics
OFF-MARKET
Theaters & concert halls

4500 Harrison St Gary, IN 46408-3930

6,698 SF 0.1 ac lot Built 1928
Entity Owned 3-yr Hold Free & Clear
Property ID
US31-0452513
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Theaters & concert halls
Use group THEATER (MOVIE)
Year built 1928
Construction WOOD
Total area 6,698 SF
Lot 0.1 ac (4,269 SF)
APN 45-08-33-129-013.000-004
UPID US31-0452513
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
Current use
Occupant on record · Public records
  • New Beginnings Fellowship Church Church
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Agape International Ministries INC · 3 yrs held
Agape International Ministries INC
since 2022
5 recorded transactions
2022
Price N/A
2022
Price N/A
2022
Price N/A
2015
$74,000
2011
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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