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Listing provided courtesy of Keller Williams InfinityNorthwest Indiana MLSas Distributed by MLSGrid- MLS# 832705MLS Provider

4061-63 Richard Gordon Hatcher BoulevardGary, IN 46408

Commercial · 4,570 Sq. ft. | 0.35 Acres
$235,000 Active

4061-63 Richard Gordon Hatcher Boulevard Overview

Time on Site:
156 days
Visits:
10

Prime Retail Opportunity | 4061-63 Richard Gordon Hatcher Blvd Positioned for visibility and growth, this 4,570 sq. ft. commercial retail building (built in 2001) is configured into three separate units, creating immediate income potential with built-in upside. One unit currently leased - producing income from day one Two vacant units - ready for lease-up or owner occupancy Flexible multi-tenant layout Strong access to major highway routes for visibility and customer convenience Whether you're an investor looking to increase NOI through strategic lease-up, or a business owner ready to control your own space while offsetting expenses with tenant income, this property delivers options. The configuration supports multiple revenue streams or a blended owner-user model--operate in one unit and let the others contribute to your bottom line. A clean, well-located retail asset with room to grow. Strategic buyers will recognize the opportunity.

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4061-63 Richard Gordon Hatcher Boulevard Facts & Features

  • Type Commercial
  • Sq. ft. 4,570
  • Price/Sq.ft. $51
  • Lot 0.35 Acres

Details

General

Building Information

  • Year Built: 2001

Location/Region

  • County Or Parish: Lake
  • Township: Calumet

Tax Information

  • Tax Annual Amount: 4171
  • Tax Year: 2024

General Information

  • Listing Terms: Cash,Conventional
  • Parcel Number: 450828156012000004
  • Property Sub Type: Retail
  • Property Type: Commercial Sale
  • Special Listing Conditions: None

Interior

Building Interior

  • Building Area Source: Assessor

General Information

  • Appliances: Water Heater
  • Basement: false
  • Building Features: Multi Tenant,Mixed Use,Private Restrooms
  • Electric: 100 Amp Service
  • Heating: Forced Air
  • Living Area: 4570

Exterior

Parking Information

  • Parking Features: Paved,Additional Parking
  • Parking Total: 8

Lot Information

  • Additional Parcels: false
  • Lot Features: Corner Lot,Paved
  • Lot Size Acres: 0.351
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 15290
  • Water Source: Public

Waterfront/View

  • View: City
  • Waterfront: false

General Information

  • Exterior Features: Other
  • Sewer: Public Sewer
  • Utilities: Electricity Connected,Water Connected,Sewer Connected,Natural Gas Available

4061-63 Richard Gordon Hatcher Boulevard Neighborhood

Community

46408 (Gary) Demographics

40
Median Age
1,645
Population Density (per sq. mile)
18%
College Educated
$39,956
Estimated Median Income
4,301
Estimated Total Home Owners
2,429
Estimated Total Renters
64% / 36%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

4061-63 Richard Gordon Hatcher Boulevard Monthly Cost

$
$ %
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$
$
Randall Fowlkes
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

4061-63 Richard Gordon Hatcher Boulevard Market Data

Based on the last 30 days in this zip code

$132,494
Average List Price
$94
Average Price per Square Foot
13
Properties Sold
68
Average Days on Market
72
Properties for Sale
Calculations provided by Reliance Network

4061-63 Richard Gordon Hatcher Boulevard History

Date Event Value Agent
5/12/2026Source: Northwest Indiana MLS Price Reduction
$235,000 -17.5%
1/25/2026Source: Northwest Indiana MLS Added to Database
January 25, 2026