Veterans United Realty
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5816 E 7th Avenue, Gary, IN 46403

$485,000 Asking Price

2 beds
2 baths
1,433  sqft
Built in 1924

Welcome to 5816 East 7th Avenue! Located within the "East Lakefront District" this is a RARE chance to own a Prime Mixed - Use Building. Located directly across from the new Miller Beach South Shore Train Station! This property presents an extraordinary opportunity for the Astute Investor or Business Visionary! With its Strategic location, expansive parking capacity, centered directly within the Miller Lake Street TOD zone and Business district! The possibilities for this Mixed-use space, business or residential, is limitless! Don't miss out on this rare chance to own a piece of prime real estate in one of Miller Beach's most sought-after locations. The Sale includes 3 adjoining Parcels with parking for 18 Vehicles. Conveniently located, and just steps away from Millers Business district for boutique shopping, dining options, a craft brewery, coffee shops, banking, public library and post office. Experience the "Miller Beach Creative Arts District" for ongoing artists and cultural events. Only minutes away by bike or car to Lake Street Beach access! Miller, a community unparalleled in its offerings. Don't miss out on this exceptional property! Explore the endless possibilities this property has to offer!


Listing Status:
Active
Date Added:
April 27, 2024 — 19 days ago
Listing Office:
McColly Real Estate, Alan Harrell
Office Phone:
219-926-1616
MLS ID:
802839

Features & Amenities

Interior

General:
Attic Stairway, Built-in Features, Cathedral Ceiling(s), Ceiling Fan(s), Eat-in Kitchen, Entrance Foyer, Natural Woodwork, Recessed Lighting, Storage
Rooms:
Great Room, Kitchen, Media Room, Office, Other Room, Primary Bedroom, Utility Room, Workshop
Appliances:
Gas Water Heater
Laundry:
In Basement, Sink, Washer Hookup
Basement:
Apartment, Bath/Stubbed, Block, Concrete, Daylight, Exterior Entry, Interior Entry, Partially Finished, Storage Space, Walk-Out Access
Heating:
Forced Air
Fireplace:
Gas, Gas Log, Fireplace, Fireplaces: 1

Exterior

General:
Lighting, Private Entrance, Rain Gutters
Style:
Bungalow
Other Structures:
Front Porch, Deck, Rear Porch, Covered
Parking:
Additional Parking, Alley Access, Asphalt, Parking Lot

Construction

Windows:
Blinds, Insulated Windows, Screens, Skylight(s)
General:
One

Location

Road/Access:
Asphalt
HOA Amenities:
Curbs, Restaurant, Sidewalks, Street Lights
Originating MLS:
nira
School District:
Gary
County:
Lake

Lot

Zoning:
RIDGE SUB. E. 50 FT. OF LOTS 22-23-24 BL.1, 45-09-06-409-012.000-004
View:
Neighborhood, Panoramic, See Remarks
Fencing:
Back Yard, Partial, Wood

Utilities

Utilities:
Cable Available, Natural Gas Connected, Sewer Connected, Water Connected, 200+ Amp Service, Three Phase, Circuit Breakers

Financial

Source:
nira
Buyers Agent Compensation:
2.50

This listing courtesy of:
McColly Real Estate, Alan Harrell

About Gary, IN

Housing

Number of Units
39,265
Median Home Value
$76,406
Median Rent
$621

49.19% of housing units are renter occupied.

22.59% are vacant.

Commute

Car
82.59%
Public Transportation
5.10%
Walk to Work
1.34%
Work from Home
7.26%
Other
3.59%

The median travel time to work is 28 minutes.

People

Population
73,923
Median Age
39.10
Median Household Size
2.47

Education

High School
39.48%
Associate’s Degree
8.07%
Bachelor’s Degree
8.23%
Graduate Degree
5.44%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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