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Investment Highlights

  • Over 1 Acre of Land: Ample space for parking, outdoor operations, recreation, gardening, or future improvements.
  • layout, and location make it a standout option for buyers seeking flexible usage and strong long-term potential.
  • Location Benefits: Situated near Rosser Park, this property enjoys a convenient yet peaceful setting
  • With multiple buildings, spacious land, and a prime location, this property is well-suited for business expansion

Executive Summary

Rare Multi-Use Property with Exceptional Commercial Potential Near Rosser Park Discover a unique opportunity to own a versatile property offering both commercial and residential space, perfectly positioned just a few hundred yards from Rosser Park. This estate provides outstanding potential for business owners, investors, or anyone looking to combine work, living, and expansion opportunities in one location. Property Highlights: Two-Story Commercial Building: Ideal for a wide range of uses including retail, office space, studio, or service-based business. Offers excellent potential for an owner-operator or rental income. Two-Story Residential Home: Spacious fixer-upper with new roofs and updated upstairs windows, offering strong value-add potential as a residence or additional income source. Oversized Detached Garage: Perfect for storage, workshop use, or equipment. New 6-Foot Chain Link Fence: Enhances security and privacy across the property. Over 1 Acre of Land: Ample space for parking, outdoor operations, recreation, gardening, or future improvements. Location Benefits: Situated near Rosser Park, this property enjoys a convenient yet peaceful setting that attracts both residential and commercial interest. Its size, layout, and location make it a standout option for buyers seeking flexible usage and strong long-term potential. Investment Opportunity: With multiple buildings, spacious land, and a prime location, this property is well-suited for business expansion, live/work setups, or creative redevelopment. A rare chance to secure a multi-use property with significant upside.

Property Facts

Price $115,000
Price Per Unit $57,500
Sale Type Investment
No. Units 2
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 1.10 AC
Building Size 4,396 SF
Average Occupancy 0%
No. Stories 2
Year Built 1946

Amenities

Unit Amenities

  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower

Site Amenities

  • 24 Hour Access

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 2 - -
Somewhat walkable
20/100
Exceptionally drivable
100/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
45-08-23-255-004.000-020
Land Assessment
$39,600
Improvements Assessment
$36,900
Total Assessment
$76,500
  • Listing ID: 41208141

  • Date on Market: 7/8/2026

  • Last Updated:

  • Address: 3253 Minnesota St, Gary, IN 46405

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