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Listing provided courtesy of McColly Real EstateNorthwest Indiana MLSas Distributed by MLSGrid- MLS# 837489MLS Provider

4007 BroadwayGary, IN 46409

Commercial · 2,160 Sq. ft. | 0.17 Acres
$175,000 Active

4007 Broadway Overview

Time on Site:
69 days
Visits:
0

Exceptional Prime Commercial Opportunity in the Heart of Glen Park! Seize the chance to own a landmark location in Gary's historic Glen Park neighborhood. Located at 4007 Broadway, this 1920s-era commercial building offers the perfect blend of vintage character and modern potential. Long known as the home of Ace Cleaners & Tailors, this property has been a staple of the community for generations! With over 7,300 square feet of lot space and a building that exudes the architectural charm of 1927, this site is perfectly suited for an owner-operator looking to continue a service-based business or an investor seeking to revitalize a high-visibility corridor. Situated on the bustling Broadway artery, ensuring constant foot and vehicle traffic. The existing setup accommodates retail, specialized service (like the longstanding dry cleaners), or creative office space. A true Community Anchor: located just minutes from Indiana University Northwest, local schools, and major transit routes, providing a built-in customer base. Whether you're looking to preserve a piece of Gary's business history or reimagine the space for a new era of retail, 4007 Broadway offers the visibility and bones to make it happen. Zoned Commercial, and Ideal for continued service use, retail, or office conversions. Offering excellent Visibility , a High-traffic frontage on Broadway, just south of the I-80/94 interchange and near Indiana University Northwest.

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4007 Broadway Facts & Features

  • Type Commercial
  • Sq. ft. 2,160
  • Price/Sq.ft. $81
  • Lot 0.17 Acres

Details

General

School Information

  • School District: Gary

Building Information

  • Year Built: 1927
  • Year Built Details: 1927

Location/Region

  • County Or Parish: Lake
  • Subdivision Name: Earles 03 Glen Park Add
  • Township: Calumet

Tax Information

  • Tax Annual Amount: 2000
  • Tax Year: 2024

General Information

  • Listing Terms: Cash,Other,Conventional
  • Parcel Number: 450827156001000004
  • Property Sub Type: Business
  • Property Type: Commercial Sale
  • Special Listing Conditions: None

Interior

Building Interior

  • Building Area Source: Assessor

General Information

  • Accessibility Features: Accessible Doors
  • Appliances: Dryer,Washer,Other
  • Basement: false
  • Building Features: High Speed Internet Avail,Business District Location,Private Restrooms
  • Electric: 200+ Amp Service
  • Heating: Central,Natural Gas,Forced Air
  • Interior Features: Entrance Foyer,High Ceilings
  • Laundry Features: Electric Dryer Hookup,Washer Hookup,Main Level,Gas Dryer Hookup
  • Living Area: 2160
  • Security Features: Security System

Exterior

Parking Information

  • Parking Features: Off Street,Paved,Asphalt
  • Parking Total: 8

Lot Information

  • Additional Parcels: false
  • Lot Features: Corner Lot,Near Public Transit,Paved
  • Lot Size Acres: 0.169
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 7362
  • Water Source: Public

Waterfront/View

  • View: City
  • Waterfront: false

General Information

  • Sewer: Public Sewer
  • Utilities: Electricity Connected,Water Connected,Sewer Connected,Natural Gas Connected

4007 Broadway Neighborhood

Community

46409 (GARY) Demographics

40
Median Age
1,976
Population Density (per sq. mile)
20%
College Educated
$33,120
Estimated Median Income
1,422
Estimated Total Home Owners
1,357
Estimated Total Renters
51% / 49%
Estimated Owner / Renter Divide
3
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.

4007 Broadway Monthly Cost

$
$ %
%
$
$
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.

4007 Broadway Market Data

Based on the last 30 days in this zip code

$107,345
Average List Price
$83
Average Price per Square Foot
8
Properties Sold
94
Average Days on Market
50
Properties for Sale
Calculations provided by Reliance Network

4007 Broadway History

Date Event Value Agent
4/30/2026Source: Northwest Indiana MLS Price Reduction
$175,000 -30.0%
4/21/2026Source: Northwest Indiana MLS Added to Database
April 21, 2026