For Sale
$950,000

3450 Grant StGary, IN 46408

20,200 SF Flex Space, Vacant, $950K

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional 20,200 square foot flex space property at 3450 Grant Street in Gary, Indiana, presents a unique investment opportunity. The property is currently vacant and offers significant potential for redevelopment or reuse. The existing building comprises a 2,400 square foot showroom/office area with a 12-foot ceiling, a spacious entry, reception area, multiple offices, and an open workspace. The substantial 18,000+ square foot warehouse boasts a 12-foot ceiling, an exterior loading dock, multiple overhead doors (including a drive-through bay), 3-phase 240-volt/400-amp electric service, and an unfinished basement. A large pylon sign enhances visibility. The property sits on a generous 3.7-acre lot, allowing for expansion or redevelopment. City water and sewer are available. Strategically located on the west side of Grant Street, this property enjoys excellent access to I-80/94 (less than a mile south) and Ridge Road (1/2 mile north). Its prime location offers easy access to Chicago (under 45 minutes), the Indiana/Illinois state line, and Lake Michigan. Surrounded by established businesses including Subway, Dunkin', Wing Stop, Burger King, and numerous national chains, this property benefits from high visibility and strong traffic counts. 2023 INDOT traffic counts show 18,165 vehicles per day on Grant Street and 178,344 vehicles per day on I-80/94 east of Grant Street. The APN is 45-08-20-401-002.000-003, 45-08-20-426-008.000-003. The asking price is $950,000.

Highlights

  • $950,000 asking price for a vacant 20,200 SF flex space.
  • Property includes 2,400 SF of showroom/office space with 12' ceilings and 18,000+ SF of warehouse space with 12' ceilings, loading dock, and multiple overhead doors.
  • Features 3-phase 240-volt/400-amp electric service and an unfinished basement.
  • Situated on a 3.7-acre lot with a large pylon sign, city water, and city sewer.
  • Excellent location in Gary, Indiana, near I-80/94, with high daily traffic counts on Grant Street and I-80/94.

Property Details for 3450 Grant St

Property type
Retail properties, Office properties
Square Feet
20,200 SF

Location Insight

City
Gary
County
Lake
State
Indiana
Latitude
41.556372719312
Longitude
-87.356427325001
3450 Grant St, Gary, Indiana

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3450 Grant St
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