This Industrial Property is no longer advertised on LoopNet.com.

1661-71 W 11th Ave
Gary, IN 46404
Industrial Property For Sale

Property Facts

Property Type Industrial
Property Subtype
Warehouse
  • Industrial Distribution
  • Industrial Food Processing
  • Industrial Warehouse
Building Class C
Lot Size 0.23 AC
Rentable Building Area 10,000 SF
No. Stories 2
Year Built 1956
Tenancy Single
Parking Ratio 1/1,000 SF
No. Dock-High Doors/Loading 2

Utilities

  • Lighting
  • Water
  • Sewer
  • Heating

About 1661-71 W 11TH AVE , GARY, IN 46404

Historic Gary business for sale! Exciting opportunity to bring back the legendary red and white bags of Peerless Potato Chips to NWI residents longing for the return of the classic local brand for 3 years since the 89 year old family business closed operations in 2017. Own a lucrative company with a large existing customer base and the support of government programs designed to stimulate the Gary community and the Indiana economy. The Economic Development for a Growing Economy tax credit and the Next Level Jobs Employer Training Grant both apply and will ensure success! The facility and equipment are waiting to restore Peerless to its former glory days as the #1 potato chip of NWI. Though nonoperational for 3 years, the restart costs are minimal. National business rankings show Indiana has a AAA bond rating and is #2 in state infrastructure and #5 in cost of doing business. Capitalize on the chance to regenerate and operate a thriving local business and bring new jobs and economic stability to the area! Own a piece of local history and restore a beloved brand to its original glory!

Property Taxes

Property Taxes

Parcel Number
45-08-08-280-011.000-004
Land Assessment
$13,100
Improvements Assessment
$22,000
Total Assessment
$35,100
  • Listing ID: 18638835

  • Date on Market: 2/25/2020

  • Last Updated:

  • Address: 1661-71 W 11th Ave, Gary, IN 46404

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