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1437 E Ridge Rd 12,568 SF Industrial Building Gary, IN 46409 $175,000 ($13.92/SF)

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INVESTMENT HIGHLIGHTS

Heavy traffic of of I-65
Has everything in it needed to revive the business

Plenty of space to add on to property

EXECUTIVE SUMMARY

Former washer and dry-cleaning facility on 1.668 acres along busy Ridge Road — ready for its next chapter! The equipment is still in place for someone who wants to restart operations or bring a brand-new vision to life. With great visibility and plenty of space, this property offers endless potential for a warehouse, office, medical, retail, or service-based business. A prime opportunity for an investor or entrepreneur to make their mark in Gary!

PROPERTY FACTS

Price	$175,000	Rentable Building Area	12,568 SF
Price Per SF	$13.92	No. Stories	2
Sale Type	Investment	Year Built	1970
Sale Condition	Distress Sale	Tenancy	Single
Property Type	Industrial General Retail Storefront Retail/Residential Office Medical Industrial Service	Parking Ratio	1.91/1,000 SF
Building Class	C	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Lot Size	1.66 AC
Zoning	Business - Located in Business district

Price	$175,000
Price Per SF	$13.92
Sale Type	Investment
Sale Condition	Distress Sale
Property Type	Industrial General Retail Storefront Retail/Residential Office Medical Industrial Service
Building Class	C
Lot Size	1.66 AC
Rentable Building Area	12,568 SF
No. Stories	2
Year Built	1970
Tenancy	Single
Parking Ratio	1.91/1,000 SF
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	Business - Located in Business district

Wheelchair Accessible

Air Conditioning

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PROPERTY TAXES

Parcel Number	45-08-27-228-003.000-004	Improvements Assessment	$122,500
Land Assessment	$61,400	Total Assessment	$183,900

PROPERTY TAXES

Parcel Number

45-08-27-228-003.000-004

Land Assessment

$61,400

Improvements Assessment

$122,500

Total Assessment

$183,900

(219) 916-1654

CONTACT

Ray Alazzah
Brokerworks Group

Listing ID: 38100369
Date on Market: 10/16/2025
Last Updated:
Address: 1437 E Ridge Rd, Gary, IN 46409

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1437 E Ridge Rd, Gary, IN for sale Building Photo- Image 1 of 13 — 1437 corener front

1437 E Ridge Rd, Gary, IN for sale Building Photo- Image 2 of 13 — Primary Photo

1437 E Ridge Rd, Gary, IN for sale Building Photo- Image 3 of 13 — 1437 front

1437 E Ridge Rd, Gary, IN for sale Building Photo- Image 4 of 13 — Building Photo

1437 E Ridge Rd, Gary, IN for sale Building Photo- Image 5 of 13 — 1437 Back

1437 E Ridge Rd, Gary, IN for sale Building Photo- Image 6 of 13 — 1437 Charis

1437 E Ridge Rd, Gary, IN for sale Building Photo- Image 7 of 13 — 1437 washers

1437 E Ridge Rd, Gary, IN for sale Building Photo- Image 8 of 13 — 1437 empty upstairs

1437 E Ridge Rd, Gary, IN for sale Building Photo- Image 9 of 13 — 1437 Upstairs

1437 E Ridge Rd, Gary, IN for sale Building Photo- Image 10 of 13 — Building Photo

1437 E Ridge Rd, Gary, IN for sale Building Photo- Image 12 of 13 — Building Photo

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