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2,160 sqft

$175,000

4007 Broadway, Gary IN, 46409

Price per sqft$81.02
Built in1927
Property size2,160 sqft
Property typeCommercial

Overview

Active

Listed Apr 20, 2026

Updated Aug 6

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.

Additional information

MLS® ID
837489

Interior Features

Heating
Yes
Basement
No

Exterior Features

Lot Size
0.17 Acres

Other Property Details

Taxes
$2,000
Tax Frequency
Annually
View
Yes

Courtesy of McColly Real Estate, Alan Harrell,
Listing Contact: (219) 241-1556 

Listings courtesy of Northwest Indiana REALTOR Association as distributed by MLS GRID

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Rob Gow & Chris Pfauser shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Properties displayed may be listed or sold by various participants in the MLS. 

Based on information submitted to the MLS GRID as of 5:15 AM UTC on 8/6/2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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