x
Showing 1 of 0
X
Save

508 S Lake Street
Gary IN 46403 US

$89,900

Active Listing ID 838821
lot icon
Lot: 0.06 Acres
home icon
Retail

$89,900

Active Listing ID 838821
Save

508 S Lake Street 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!

Collapse all

Property Features

  • Facts
  • Lot Size: 0.06 Acres
  • Property Type: Residential
  • Property Sub-type: Retail
  • Features
  • Heating Fuels: Forced Air

Property

  • propertytype: Residential
  • propertysubtype: Retail
  • listprice: 89900
  • unparsedaddress: 508 S Lake Street
  • postalcity: Gary
  • stateorprovince: IN
  • country: US
  • postalcode: 46403
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.062
  • lotsizeunits: Acres
  • lotsizearea: 0.062
  • livingarea: 720
  • livingareaunits: Square Feet
  • latitude: 41.601418
  • longitude: -87.26836
  • listagentfullname: Lutrell Kirk
  • listagentemail: kirk@kirkandcompany.com
  • listagentkey: 3yd-GNIARIN-10383
  • listagentmlsid: 10383
  • listagentpreferredphone: 2193087179
  • listagentofficephone: 2193087179
  • listofficekey: 3yd-GNIARIN-1185
  • listofficemlsid: 1185
  • 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: 1948
  • listingcontractdate: 2026-05-13
  • listagenturl: http://KirkandCompany.com
  • countyorparish: Lake
  • parcelnumber: 450906401018000004
  • heating: Forced Air
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 3
  • parkingfeatures: Alley, Off Street, On Street
  • waterfrontyn: False
  • franchiseaffiliation: None
  • utilities: Natural Gas Available
  • speciallistingconditions: Standard
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -87.26836, 41.601418
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Kirk and Company Real Estate", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"kirk@kirkandcompany.com", "ListBrokerageCity":"Chesterton", "ListBrokerageCountry":"US", "ListBrokerageEmail":"Kirk@KirkandCompany.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/267/162893/20110523111514262.png", "ListBrokerageName":"Kirk and Company Real Estate", "ListBrokeragePhone":"(219) 308-7179", "ListBrokeragePostalCode":"46304", "ListBrokerageStateOrProvince":"IN", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"1881 Jacob Ln.", "ListBrokerageWebsiteUrl":"http://KirkandCompany.com", "ListOfficeAddress1":"8219 Wicker Ave ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"1185", "ListOfficeCity":"St. John", "ListOfficeCountry":"US", "ListOfficeEmail":"kirk@kirkandcompany.com", "ListOfficePostalCode":"46373", "ListOfficeStateOrProvince":"IN", "ListPriceCurrencyType":"USD", "ListingTitle":"SINGLE_FAMILY - Gary, IN", "ListingURL":null, "MLSModificationTimestamp":"2026-05-14 23:01:18", "Neighborhoods":[], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":1045, "TaxDescription":"CHAS. F. BLANK'S RESUB. BLK. 13 N. 1/2 LOT 3 BL. 1 S. 7.5 FT. LOT 2 BL. 1", "TaxYear":"2024"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 5/14/2026 11:07:23 PM GMT
Source Updated Date: 5/15/2026 1:01:11 PM GMT

Courtesy of: Lutrell Kirk, Kirk & Company Your Home Sold, kirk@kirkandcompany.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.