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2400 Clark Rd 20,575 SF 100% Leased Office Building Gary, IN 46404 $1,200,000 ($58.32/SF)

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Investment Highlights

  • Well below Replacement Cost
  • Newer Roof, HVAC, and other mechanicals
  • Strategic location in Gary, IN
  • 20,572 SF Office building
  • Built in 1997, renovated in 2004

Executive Summary

This extremely low price/sf of only $58/SF the building is an exceptional opportunity in Gary, IN. This 20,572 SF office building, utilized as a Rapid Access Center Crisis Intervention and Detox center, holds potential for repurposing or continued use as a specialized facility. Constructed in 1997 and renovated in 2004, this property offers an open layout with 23 bedrooms, classrooms, modern kitchen with a walk-in cooler and freezer, dining areas, as well as many offices, nurse stations, open areas, and laundry rooms. This is a convenient location just 2 minutes from the Burr St./I-80-94 intersection in the City of Gary. With its history of providing vital community services, this building is well-suited for organizations seeking a purpose-driven space to make a positive impact.

Property Facts

Sale Type
Investment
Property Type
Office
Building Size
20,575 SF
Building Class
C
Year Built/Renovated
1997/2004
Price
$1,200,000
Price Per SF
$58.32
Percent Leased
100%
Building Height
1 Story
Typical Floor Size
20,575 SF
Building FAR
0.29
Lot Size
1.64 AC

Property Taxes

Property Taxes

Parcel Number
45-07-13-279-002.000-003
Land Assessment
$218,400
Improvements Assessment
$917,900
Total Assessment
$1,136,300
  • Listing ID: 39265136

  • Date on Market: 1/30/2026

  • Last Updated:

  • Address: 2400 Clark Rd, Gary, IN 46404

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