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508 S Lake Street , Gary, IN 46403

$89,900.00
  • 508 S Lake Street , Gary, IN 46403 Main Photo

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New to the Market Active
SQUARE FEET720 MLS#838821
STATUSActive PROPERTY TYPECommercial - Retail

Property Description

ATTENTION SMALL BUSINESS OWNERS, INVESTORS & CONTRACTORS... OPPORTUNITY IS KNOCKING! *Attention CREATE MY OWN SPACE SMALL BUSINESS OWNERS - Entrepreneurs, Investors, Barber / salon owner, Nail tech / esthetician, Insurance agent / mortgage broker, Boutique owner, Startup service business* Stop paying rent...own your space and build it YOUR way-------**Attention TO ALL OF THE VALUE - ADD INVESTORS IN NWI - Small commercial investors, Landlords expanding into mixed-use, Fix & hold investors** Buy this discounted space, Renovate it, and then Lease it out at higher rate, Refinance or hold for cash flow This is an Under market value + forced appreciation opportunity.--------*** LOOKING FOR OPPORTUNITY? CONTROL? UPSIDE? Well this is your Blank Canvas Business Opportunity! You can Own Your Own Location for less than rent! In fact...Why keep paying rent when you can OWN your own space and build equity at the same time? This approx. 720 sq ft retail/office space is priced BELOW market to reflect needed updates--giving you the chance to customize it EXACTLY how you want it while creating instant upside. Perfect for a barber shop, salon, boutique, insurance office, tax service, or any service-based business looking for an affordable location with long-term control. Investors--this is your chance to step into a value-add commercial property with strong income potential after renovations. Contractors--turn your skills into equity and design your ideal workspace from the ground up. Opportunities like this are getting harder to find, especially at an entry-level price point. Whether you're looking to launch, expand, or invest, this is a blank canvas with serious potential. Call today for details and start turning this space into your next income-producing asset!

Property Features

Property Type: Commercial - Retail
Days on Market: 7
Heating: Forced Air
Lot Size: 0.06 Acres
Taxes: $1,045
Year Built: 1948

Appliances

None

Feature Descriptions

Lot Dimensions: 0
Parking Features: Off Street, On Street, Concrete, Alley Access
Sewer: Public Sewer
Utilities: Electricity Available, Natural Gas Available
Water: Public

Listed By / Shown By

Listed By

Agency Name: Kirk & Company Your Home Sold
Agency Phone: (219) 281-8502

Shown By

Agency Title: Ginter Realty, Inc.
Agency Phone: (219) 942-1141

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