7868 Melton Rd - Restaurant FOR SALE


Gary, IN 46403- Miller
$500,000 USD
219-805-2857
7868 Melton Rd, Gary, IN for Sale
$500,000 USD
Restaurant - FOR SALE
1/9
null | Request Cap Rate

7868 Melton Rd
Gary, IN 46403
Miller


HIGHLIGHTS

  • Very close access to Interstates 90 & 94!
  • One acre parcel in highly visible area of Miller Beach!
  • Current use is a restaurant, but great re-use opportunity!

OVERVIEW

Introducing a prime investment opportunity in Gary, Indiana's Miller Beach area! This attractive 2,944 SF building, constructed in 1977, offers a strategic location in the heart of Miller Beach. This long-standing restaurant location sits on 1 acre of land and is situated on the highly traveled 12/20 (Melton Rd). With its versatile design and thoughtful layout, this property provides an ideal setting for another restaurant operator. Property is located within in a major transportation hub, so it has much potential for redevelopment as well. Property also has access to Lake Michigan water and city sewers are on site. Boasting a well-maintained exterior and ample interior space, this property presents an excellent canvas for customization to meet diverse business needs. The building's convenient location offers easy access to major transportation routes and essential amenities, making it an exceptional choice for those looking to establish or expand their business presence in the area.

FOR SALE DETAILS

PRICE

$500,000 USD

PRICE/SF

$170 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Wing Wah Restaurant

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1977

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.03 AC

LAND SF

44,867 SF

ZONING

B5

APN/PARCEL ID

45-09-05-476-007.000-004

ASK ABOUT THIS PROPERTY

Nicholas SmithColdwell Banker Commercial RealtyMore Info
219-805-2857

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Nicholas SmithColdwell Banker Commercial RealtyMore Info
219-805-2857

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