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288 S Lake Street
Gary IN 46403 US

$145,900

Pending Listing ID 828637
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Lot: 0.17 Acres
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Retail

$145,900

Pending Listing ID 828637
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288 S Lake Street Great investment opportunity in the heart of the Miller Business District! This commercial fixer-upper sits on a prime corner lot, offering outstanding visibility, access, and long-term upside. Ideal for investors, developers, or owner-users looking to add value, the property features a flexible layout that can be reimagined for retail, office, service, or mixed-use potential. With off-street parking and strong street presence, this location is well-positioned to attract both foot and vehicle traffic. Bring your vision and transform this space into a profitable income-producing asset or a customized business location. Property is being sold as-is--seller will make no repairs. Don't miss the opportunity to secure a value-add commercial property in one of Gary's most desirable and growing districts.

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Property Features

  • Facts
  • Lot Size: 0.17 Acres
  • Property Type: Residential
  • Property Sub-type: Retail
  • Features
  • Exterior Finish: Corner Lot, Paved
  • Heating Fuels: Forced Air, Natural Gas
  • Additional Features
  • Basement

Property

  • propertytype: Residential
  • propertysubtype: Retail
  • listprice: 145900
  • unparsedaddress: 288 S Lake Street
  • postalcity: Gary
  • stateorprovince: IN
  • country: US
  • postalcode: 46403
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.165
  • lotsizeunits: Acres
  • lotsizearea: 0.165
  • livingarea: 2607
  • livingareaunits: Square Feet
  • latitude: 41.604467
  • longitude: -87.268336
  • listagentfullname: Brent Sherman
  • listagentemail: brentsherman@mccolly.com
  • listagentkey: 3yd-GNIARIN-19005
  • listagentmlsid: 19005
  • listagentpreferredphone: 2194873331
  • listagentofficephone: 2194873331
  • listofficekey: 3yd-GNIARIN-256
  • listofficemlsid: 256
  • disclaimer: Copyright © 2026 Greater Northwest Indiana Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: GNIARIN
  • yearbuilt: 1957
  • listingcontractdate: 2025-10-01
  • listagenturl: http://www.mccolly.com
  • countyorparish: Lake
  • parcelnumber: 450906251013000004
  • elementaryschooldistrict: Gary
  • middleorjuniorschooldistrict: Gary
  • highschooldistrict: Gary
  • heating: Forced Air, Natural Gas
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 6
  • parkingfeatures: On Street
  • waterfrontyn: False
  • franchiseaffiliation: None
  • rooms: Basement
  • basement: Partially Finished
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -87.26833, 41.604465
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"McColly Real Estate", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"brentsherman@mccolly.com", "ListBrokerageCity":"Schererville", "ListBrokerageCountry":"US", "ListBrokerageEmail":"rmccolly@mccolly.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/GNIARIN/b10a743147d611dfb0db00219b9aa4d8/20170327203656540.png", "ListBrokerageName":"McColly Real Estate", "ListBrokeragePhone":"(219) 864-7200", "ListBrokeragePostalCode":"46375", "ListBrokerageStateOrProvince":"IN", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"800 Deer Creek Drive", "ListBrokerageWebsiteUrl":"http://www.mccolly.com", "ListOfficeAddress1":"6445 US Highway 6 ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"256", "ListOfficeCity":"Portage", "ListOfficeCountry":"USA", "ListOfficeEmail":"portage@mccolly.com", "ListOfficePostalCode":"46368", "ListOfficeStateOrProvince":"IN", "ListPriceCurrencyType":"USD", "ListingTitle":"SINGLE_FAMILY - Gary, IN", "ListingURL":null, "MLSModificationTimestamp":"2026-02-24 19:14:14", "Neighborhoods":[{"Description":null, "Name":"Lake Ave"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":2409, "TaxDescription":"LAKE AVE. SUBDIV. EX.W.60FT. LOTS 1, 2, 3, BL.4", "TaxYear":"2024"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 2/24/2026 7:39:53 PM GMT
Source Updated Date: 3/1/2026 8:09:30 PM GMT

Courtesy of: Brent Sherman, McColly Real Estate, brentsherman@mccolly.com

Copyright © 2026 Greater Northwest Indiana Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.