2400-50 W Ridge Rd - Auto Repair FOR SALE


Gary, IN 46408- Black Oak
$189,900 USD
219-501-0404
2400-50 W Ridge Rd, Gary, IN for Sale
$189,900 USD
Auto Repair - FOR SALE
1/14
null | Request Cap Rate

2400-50 W Ridge Rd
Gary, IN 46408
Black Oak


HIGHLIGHTS

  • M-1 Light Manufacturing zoning allows for a wide range of commercial and industrial uses
  • Prominent location on high-visibility Ridge Road corridor
  • Comprised of 8 city lots, offering substantial land area and flexibility
  • Ample space for vehicle display, equipment storage, inventory, parking, or outdoor operations
  • Located in an area benefiting from ongoing investment and revitalization

OVERVIEW

Rare Commercial Opportunity! Take advantage of this M-1 Light Manufacturing zoned property at 2450 W. Ridge Road, Gary, IN, offering exceptional flexibility for a variety of commercial and industrial uses. Situated on a high-visibility corridor, this property consists of 8 city lots, providing abundant space for inventory, parking, storage, or future expansion. For years, the current owners successfully operated an auto sales business from this location, averaging 20-25 vehicle sales per month—a true testament to the outstanding exposure and traffic this location provides. Whether you're looking to continue as an auto dealership, establish an equipment sales business, or utilize the site for another permitted M-1 use, the possibilities are extensive. The sale includes a storage container and office furniture, making it easy to hit the ground running with minimal startup costs. Gary continues to see significant investment and redevelopment, making now an excellent time to secure a commercial property with proven business history and outstanding visibility. Fill the lot, open your doors, and start selling! Opportunities with this much frontage, space, and potential are hard to find.

FOR SALE DETAILS

PRICE

$189,900 USD

PRICE/SF

$380 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Building and Fenced Lot

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1949

SPRINKLERS

-

PARKING SPACES

111

LAND DETAILS

LAND ACRES

0.79 AC

LAND SF

34,412 SF

ZONING

COMM

APN/PARCEL ID

45-08-29-136-002.000-003

ASK ABOUT THIS PROPERTY

Angela ManningIntegrity Realty PartnersMore Info
219-501-0404

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Angela ManningIntegrity Realty PartnersMore Info
219-501-0404

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.