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Mark Keene

mhkeene60@gmail.com +1(219) 292-3704

$ 250,000

Est. payment | -/mo

3,000 SqFt

Save

$ 250,000

Est. payment | -/mo

Save

3,000 SqFt

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 3,000 sqft

Price per Sqft $83

Subdivision Nelson Add

MLS Listing ID 841261

Year Built 1957

Annual Tax Amount $2,124

Tax Year 2024

Lot Size 0.268 Acres

Property Sub-Type Mixed Use

Property Description

Excellent investment opportunity! This versatile commercial building features three separate units, offering multiple income-producing possibilities. One of the units was previously operated as a restaurant and includes an existing commercial kitchen hood, making it ideal for a new restaurant, cafe, carryout, or other food service business with the proper approvals. Whether you're an investor looking to generate rental income or a business owner seeking to occupy one unit while leasing the others, this property offers outstanding flexibility and long-term potential. The multi-unit layout provides the opportunity for diversified income streams and owner-occupancy, making it an attractive addition to any investment portfolio. Conveniently located on W. Ridge Road with excellent visibility and accessibility, this property is well-positioned for a variety of commercial uses. Don't miss the opportunity to own a property with strong income potential and endless possibilities.

Location

State IN

County Lake

Interior

Heating Central, Natural Gas

Cooling Central Air

Flooring Laminate

Fireplace No

Exterior

Exterior Feature Lighting

Parking Features Off Street, Asphalt

Utilities Available Cable Connected, Water Connected, Sewer Connected, Natural Gas Connected, Electricity Connected

Roof Type Other

Building

Lot Description Corner Lot, Near Public Transit

Structure Type Brick,Stone

Others

Acceptable Financing Cash, VA Loan, FHA, Conventional

Listing Terms Cash, VA Loan, FHA, Conventional

Listed by 21 Century Realty Group

Nearby Locations

GET MORE INFORMATION

Mark Keene

Managing Broker License ID: RB18001895

mhkeene60@gmail.com

+1(219) 292-3704

3709 Broadway #2, Gary, IN 46409

5490 W Ridge Road Gary, IN 46408

Mark Keene

Key Details

Location

Interior

Exterior

Building

Others

5490 W Ridge Road