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$ 89,900
Est. payment /mo
New
508 S Lake ST Gary, IN 46403
720 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 720 sqft
Price per Sqft $124
MLS Listing ID 838821
Year Built 1948
Annual Tax Amount $1,045
Tax Year 2024
Lot Size 2,700 Sqft
Acres 0.062
Property Sub-Type Retail
Property Description
ATTENTION SMALL BUSINESS OWNERS, INVESTORS & CONTRACTORS... OPPORTUNITY IS KNOCKING! *Attention CREATE MY OWN SPACE SMALL BUSINESS OWNERS - Entrepreneurs, Investors, Barber / salon owner, Nail tech / esthetician, Insurance agent / mortgage broker, Boutique owner, Startup service business* "Stop paying rent...own your space and build it YOUR way"-------**Attention TO ALL OF THE VALUE - ADD INVESTORS IN NWI - Small commercial investors, Landlords expanding into mixed-use, "Fix & hold" investors** Buy this discounted space, Renovate it, and then Lease it out at higher rate, Refinance or hold for cash flow "This is an Under market value + forced appreciation opportunity".--------*** LOOKING FOR OPPORTUNITY? CONTROL? UPSIDE? Well this is your Blank Canvas Business Opportunity! You can Own Your Own Location for less than rent! In fact...Why keep paying rent when you can OWN your own space and build equity at the same time? This approx. 720 sq ft retail/office space is priced BELOW market to reflect needed updates--giving you the chance to customize it EXACTLY how you want it while creating instant upside. Perfect for a barber shop, salon, boutique, insurance office, tax service, or any service-based business looking for an affordable location with long-term control. Investors--this is your chance to step into a value-add commercial property with strong income potential after renovations. Contractors--turn your skills into equity and design your ideal workspace from the ground up. Opportunities like this are getting harder to find, especially at an entry-level price point. Whether you're looking to launch, expand, or invest, this is a blank canvas with serious potential. Call today for details and start turning this space into your next income-producing asset!
Location
State IN
County Lake
Interior
Heating Forced Air
Fireplace N
Appliance None
Exterior
View Y/N true
View true
Others
Tax ID 450906401018000004
Acceptable Financing NRA20260425141405146956000000
Listing Terms NRA20260425141405146956000000
Listed by Kirk & Company Your Home Sold • Lutrell Kirk