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4007 Broadway
Gary IN 46409 US

$175,000

Active Listing ID 837489
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2,160 square feet
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Lot: 0.17 Acres
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Other

$175,000

Active Listing ID 837489
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4007 Broadway Seize the chance to acquire a cash-flowing landmark location in Gary's historic Glen Park neighborhood. Located at 4007 Broadway, this 1920s-era commercial building offers a stabilized addition to your portfolio, currently operated as a tenant-occupied Leased property. Long known as the home of "Ace Cleaners and Tailors, " this location has been a staple of the community for generations and features a reliable, established tenant in place. With over 7, 300 square feet of lot space and a building that exudes the architectural charm of 1927, this site offers an investor minimal landlord responsibilities under the leased structure. Situated on the bustling Broadway artery, the property ensures constant high visibility and long-term real estate value. A true Community Anchor: located just minutes from Indiana University Northwest, local schools, and major transit routes. Perfect for passive investors or 1031-exchange buyers looking for stable commercial frontage just south of the I-80/94 interchange. Zoned Commercial. Buyer to verify current lease terms, options, and rental income.

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Property Features

  • Facts
  • Lot Size: 0.17 Acres
  • Property Type: Commercial Sale
  • Property Sub-type: Other
  • Features
  • Heating Fuels: Central, Forced Air, Natural Gas

Property

  • propertytype: Commercial Sale
  • propertysubtype: Other
  • listprice: 175000
  • unparsedaddress: 4007 Broadway
  • postalcity: Gary
  • stateorprovince: IN
  • country: US
  • postalcode: 46409
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.169
  • lotsizeunits: Acres
  • lotsizearea: 0.169
  • livingarea: 2160
  • livingareaunits: Square Feet
  • latitude: 41.545465
  • longitude: -87.335982
  • listagentfullname: Alan Harrell
  • listagentemail: alan.harrell@mccolly.com
  • listagentkey: 3yd-GNIARIN-10692
  • listagentmlsid: 10692
  • listagentpreferredphone: 2192411556
  • listagentofficephone: 2192411556
  • listofficekey: 3yd-GNIARIN-266
  • listofficemlsid: 266
  • 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: 1927
  • listingcontractdate: 2026-04-20
  • listagenturl: http://www.mccolly.com
  • countyorparish: Lake
  • parcelnumber: 450827156001000004
  • elementaryschooldistrict: Gary
  • middleorjuniorschooldistrict: Gary
  • highschooldistrict: Gary
  • appliances: Dryer, Washer
  • heating: Central, Forced Air, Natural Gas
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 8
  • parkingfeatures: Off Street
  • view: City
  • waterfrontyn: False
  • franchiseaffiliation: None
  • interiorfeatures: Entrance Foyer, High Ceilings
  • securityfeatures: Security System
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -87.33598, 41.545464
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"McColly Real Estate", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"alan.harrell@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":"560-4 Indian Boundary Road ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"266", "ListOfficeCity":"Chesterton", "ListOfficeCountry":"US", "ListOfficeEmail":"chesterton@mccolly.com", "ListOfficePostalCode":"46304", "ListOfficeStateOrProvince":"IN", "ListPriceCurrencyType":"USD", "ListingTitle":"COMMERCIAL - Gary, IN", "ListingURL":"https://listings.listhub.net/pages/GNIARIN/837489/?channel=rexren", "MLSModificationTimestamp":"2026-08-05 17:37:16", "Neighborhoods":[{"Description":null, "Name":"Earles 03 Glen Park Add"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":2000, "TaxDescription":"EARLES 3RD GLEN PARK ADD. ALL LOTS 1 & 2 BL.24", "TaxYear":"2024"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 8/5/2026 5:38:05 PM GMT
Source Updated Date: 8/15/2026 6:52:03 PM GMT

Courtesy of: Alan Harrell, McColly Real Estate, alan.harrell@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.