$610,000 5050 Industrial Highway Gary, IN

MLS: 407901   Type: Commercial   County: Lake   City: Gary   Neighborhood: Dorkes Indust Hwy Sub   Zip: 46406   Style: Industrial  

Mortgage $2,864 /mo



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Tenant occupied crane building in the Chicago Gary Airport development zone. Directly across from the airport. Ready to go. No waiting to build. Crane building. Two 7.5 ton overhead travel cranes. Approx 44 X 320 ft bay. 25 ft sidewall. 20 ft drive in doors. Over an acre of land. Fenced. 900 sq ft office with concrete flexicore ceiling/roof. 13,810 sq ft industrial space. Brand new roof installed March 2018. Great logistics. Airport, toll road (I80-94), Cline Avenue (SR 912), Industrial Highway (SR 12), Chicago Avenue (SR 312). Investment potential: Currently rented in 6 month intervals. Tenant pays rent as shown plus property taxes and building insurance. 48 hour notice to show during business hours. Tenant leased til October 1, 2018 . Qualified principals only, please. Measurements from public record. Buyer to verify to their satisfaction. Agents: See attachment for sharper overhead views.

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Price History

1/24/2017 Listed $675,000
1/12/2018 10% - $610,000

Property SubType Industrial
Property Type Commercial
Subdivision Dorkes Indust Hwy Sub
Year Built 1955
Zoningdescription INDUS

Exterior Features

Lot Size Square Feet 50094.00
Parking Spaces 30

Property Schools

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Gallery (16 photos)

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Property vs Zip Code Avg (46406)

Price 610K Avg 283K

Sqr Feet 14,710 Avg 4,887

Cost / Sqr Ft $41 Avg $58

Acres 1.15 Avg 0.79

Visits 37 Avg 13

Days on Site 542 Avg 172

Walkscore® 13 Avg 23

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Listing Provided Courtesy Of: Prime Real Estate

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Location & Address

Realty Executives Premier
310 E Lincolnway
Valparaiso, IN

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