15
See all 15 photos
$125,000
Est. payment /mo
9,800 SqFt
Price Dropped by $24K
4815 W 5th AVE Gary, IN 46406
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Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 9,800 sqft
Price per Sqft $12
Subdivision New Brunswick Add
MLS Listing ID 841891
Year Built 1945
Annual Tax Amount $3,245
Tax Year 2024
Lot Size 0.497 Acres
Acres 0.497
Property Sub-Type Mixed Use
Property Description
**Property Type:** Commercial / Retail / Former Laundromat * **Building Size:** Approximately **9,800 sq. ft.** * **Stories:** 2 * **Year Built:** 1945 * **Lot Size:** Approximately **0.50 acre (21,649 sq. ft.)** * **Zoning:** Commercial/Business use * **Property Class:** Former laundromat. ### Existing Infrastructure * Former commercial laundromat * Capacity for approximately **70+ washers** * Capacity for approximately **40+ dryers** * **200-amp, 400-volt electrical service* * Drive-through service window * High ceilings * Forced-air heating * Existing utility layout suitable for high water-demand commercial operations. * Parking for approximately **25+ vehicles** * Easy customer access from W. 5th Avenue * Suitable for retail, medical, restaurant, or service-oriented businesses. Location Highlights * Frontage on **West 5th Avenue (US 12/US 20 corridor)** * Four-lane arterial roadway * Estimated **18,000-22,000 vehicles per day** * Excellent visibility and signage opportunities * Convenient access to major highways serving Northwest Indiana and the Chicago metropolitan area. Potential Uses The building's size, utility capacity, and location make it suitable for numerous commercial uses, including: * Laundromat * Medical or urgent care facility * Restaurant or food hall * Retail center * Fitness center * Indoor recreation * Church or community center * Office conversion * Contractor showroom
Location
State IN
County Lake
Zoning Commercial
Interior
Interior Features Open Floorplan
Heating Natural Gas
Fireplace N
Exterior
View Y/N true
View true
Building
Lot Description Corner Lot, Paved
Others
Tax ID 450701431005000004
Acceptable Financing NRA20260708150014899178000000
Listing Terms NRA20260708150014899178000000
Listed by Village Realty of Indiana, Inc • David Shinault
NEARBY SCHOOL & BUSINESS
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