3433-39 Grant Street, Gary, IN 46408

$480,000
Property Type: Land Lot Size (sq. ft.): 27,007 Status: Active
Current Price: $480,000 List Date: 5/05/2026 Last Modified: 5/05/2026

Overview

Description

Prime commercial development opportunity located along the highly traveled Grant Street corridor in Gary. This B-3 zoned site offers approximately 0.62 acres across multiple parcels, providing flexibility for a wide range of commercial uses. The property was previously improved with a car dealership and restaurant, supporting its strong suitability for retail, restaurant, or automotive-related development. Utilities are available to the site, allowing for a streamlined path toward redevelopment. Surrounded by established national retailers, restaurants, and service-oriented businesses, the location benefits from consistent traffic flow and excellent visibility. The site is well-positioned for high-demand uses such as fast food or drive-thru concepts, subject to City of Gary's approval, making it an attractive opportunity for investors, developers, and owner-users seeking to establish a presence in a proven commercial corridor. Buyers are advised to verify all intended uses with the Cit ...

Listing Details MLS# 838265

General Property Information

Lot Size Acres
0.62
Lot Size Square Feet
27007
Lot Size Source
Assessor
Association YN
No
Waterfront YN
No
List Price/Acre
774193.55

Property Features

Current Use: Unimproved Electric: Other Listing Terms: Cash; Conventional; Other Lot Features: Paved; Rectangular Lot Possession: Close Of Escrow Possible Use: Automotive; Commercial; Medical/Dental; Office; Place of Worship; Retail Sewer: Public Sewer Special Listing Conditions: None Utilities: Electricity Connected; Natural Gas Available; Sewer Connected Water Source: Public

Contract Information

Auction YN
No
Original List Price
480000
Property Sub Type
Unimproved Land
Lease Considered YN
No
Listing Agreement
Exclusive Right To Sell
Listing Service
Full Service
Seller to consider offering concessions
No
Occupant Type
Vacant
Owner Name
OOR

Location Tax and Legal

Street Number
3433-39
Street Name
Grant
Street Suffix
Street
County
Lake
State
IN
Postal Code
46408
Subdivision Name
Golfmoor

Remarks and Miscellaneous

Public Remarks
Prime commercial development opportunity located along the highly traveled Grant Street corridor in Gary. This B-3 zoned site offers approximately 0.62 acres across multiple parcels, providing flexibility for a wide range of commercial uses. The property was previously improved with a car dealership and restaurant, supporting its strong suitability for retail, restaurant, or automotive-related development. Utilities are available to the site, allowing for a streamlined path toward redevelopment. Surrounded by established national retailers, restaurants, and service-oriented businesses, the location benefits from consistent traffic flow and excellent visibility. The site is well-positioned for high-demand uses such as fast food or drive-thru concepts, subject to City of Gary's approval, making it an attractive opportunity for investors, developers, and owner-users seeking to establish a presence in a proven commercial corridor. Buyers are advised to verify all intended uses with the City of Gary.

Status Change Information

Major Change Timestamp
2026-05-05T02:48:57Z
Major Change Type
New Listing
Status Change Timestamp
2026-05-04

More Information

Exemption Information

Exemption YN
No

Showing Requirements

Showing Instructions
Go and See

Location, Tax, and Legal

Tax Annual Amount
1165
Tax Year
2025
Tax Assessed Value
21100
Tax Legal Description
GOLFMOOR BL.1 LOTS 9 TO 17 & S.1/2 OF VAC. ADJ. 34TH AVE.
Parcel Number
450821302001000004
Zoning Description
Commercial
Township
Calumet
Directions
From I-80/94, exit Grant St and head south. Property is located on the east side of Grant St across from Popeyes
Census Tract
124

Electric

Other
Yes

Listing Terms

Cash
Yes
Conventional
Yes
Other
Yes

Lot Features

Paved
Yes
Rectangular Lot
Yes

Possession

Close Of Escrow
Yes

Sewer

Public Sewer
Yes

Special Listing Conditions

None
Yes

Utilities

Electricity Connected
Yes
Natural Gas Available
Yes
Sewer Connected
Yes

Water Source

Public
Yes

Current Use

Unimproved
Yes

Possible Use

Automotive
Yes
Commercial
Yes
Medical/Dental
Yes
Office
Yes
Place of Worship
Yes
Retail
Yes
Listing Office: Harris Realty & Investments
Last Updated: May - 05 - 2026
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