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1525 Clark Rd 3,622 SF 100% Leased Retail Building Gary, IN 46404 $274,900 ($75.90/SF)
Investment Highlights
- Prime Location: High-traffic corner with exceptional visibility for businesses.
- Current Use: Tire repair shop with office area and private bathroom.
- Residential Component: Updated 2-bedroom, 2-bath home (renovated in 2021 with new roof, siding, and modern improvements).
- Two Parcels Included: 1525 Clark and 1549–1551 Clark, offering flexibility for multiple uses.
- Outdoor Workspace: Ample space for parking, storage, or future expansion.
Executive Summary
Don't miss this rare commercial opportunity on a high-traffic corner! Spanning two parcels, 1525 Clark and 1549-1551 Clark offer exceptional visibility and flexibility for a variety of business uses. Currently utilized as a tire repair shop, the property includes an office area with its own bathroom, outdoor workspace, and plenty of space for parking, storage, or expansion. An updated 2-bedroom, 2-bath home sits on the property--renovated in 2021 with new roof, siding, and more. With a full basement and modern improvements, the home is perfect as a rental unit, staff housing, or additional workspace. With strong exposure, mixed-use potential, and multiple structures included, this property is ideal for investors or business owners looking to maximize opportunity in a prime location.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
3,622 SF
Building Class
C
Year Built
1926
Price
$274,900
Price Per SF
$75.90
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.44
Lot Size
0.19 AC
Property Taxes
| Parcel Number | 45-08-07-301-003.000-004 | Improvements Assessment | $66,000 |
| Land Assessment | $6,200 | Total Assessment | $72,200 |
Property Taxes
Parcel Number
45-08-07-301-003.000-004
Land Assessment
$6,200
Improvements Assessment
$66,000
Total Assessment
$72,200
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1525 Clark Rd
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