3989 Broadway, Gary, IN 46409

$49,900
Property Type: Land Lot Size (sq. ft.): 23,958 Status: Active
Current Price: $49,900 List Date: 9/02/2025 Last Modified: 6/17/2026

Overview

Description

Prime .55 -acre vacant commercial lot located on Broadway in Gary's M-1 Limited Manufacturing District. This property offers outstanding visibility and accessibility in a high-traffic corridor, making it ideal for light industrial, warehouse, distribution, or flex-space development. The site provides ample room for parking, storage, or future expansion opportunities. Zoned M-1 Limited Manufacturing, the lot allows for a wide range of commercial and light industrial uses. An excellent investment opportunity for developers, business owners, or investors seeking to establish a presence along one of Gary's main commercial routes.

Listing Details MLS# 827039

General Property Information

Number Of Lots
Yes
Lot Size Acres
0.55
Lot Size Square Feet
23958
Lot Size Source
Assessor
Association YN
No
Waterfront YN
No
List Price/Acre
90727.27

Property Features

Current Use: Commercial Electric: Other Listing Terms: Cash Lot Features: Corner Lot Possession: Close Of Escrow Possible Use: Commercial Sewer: Public Sewer Special Listing Conditions: None Utilities: Electricity Available; Natural Gas Available; Sewer Available; Water Available View: Neighborhood Water Source: Public

Contract Information

Auction YN
No
Original List Price
79900
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
Common Interest
None
Occupant Type
Vacant

Location Tax and Legal

Street Number
3989
Street Name
Broadway
County
Lake
State
IN
Postal Code
46409

Remarks and Miscellaneous

Public Remarks
Prime .55 -acre vacant commercial lot located on Broadway in Gary's M-1 Limited Manufacturing District. This property offers outstanding visibility and accessibility in a high-traffic corridor, making it ideal for light industrial, warehouse, distribution, or flex-space development. The site provides ample room for parking, storage, or future expansion opportunities. Zoned M-1 Limited Manufacturing, the lot allows for a wide range of commercial and light industrial uses. An excellent investment opportunity for developers, business owners, or investors seeking to establish a presence along one of Gary's main commercial routes.

Status Change Information

Major Change Timestamp
2026-06-17T21:36:36Z
Major Change Type
Price Reduced
Price Change Timestamp
2026-06-17T21:36:36Z
Status Change Timestamp
2025-09-02

More Information

Exemption Information

Exemption YN
No

Showing Requirements

Showing Instructions
Go & Show

Location, Tax, and Legal

Tax Annual Amount
1800
Tax Year
2024
Tax Legal Description
PT 99FT MICHIGAN CENTRAL R/W ACROSS NW1/4 S.27 T.36 R.8 2.395 Ac
Parcel Number
Tbd
Additional Parcels YN
No
Township
Calumet
Directions
North on 53, right on E 40th Ave. Property on the corner on left. Please see assessor site.

Electric

Other
Yes

Listing Terms

Cash
Yes

Lot Features

Corner Lot
Yes

Possession

Close Of Escrow
Yes

Sewer

Public Sewer
Yes

Special Listing Conditions

None
Yes

Utilities

Electricity Available
Yes
Natural Gas Available
Yes
Sewer Available
Yes
Water Available
Yes

View

City
Yes
Neighborhood
Yes

Water Source

Public
Yes

Current Use

Commercial
Yes

Possible Use

Commercial
Yes
Listing Office: New Chapter Real Estate
Last Updated: June - 17 - 2026
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