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Listing provided courtesy of McColly Real EstateNorthwest Indiana MLSas Distributed by MLSGrid- MLS# 832968MLS Provider

614 S Lake StreetGary, IN 46403

Commercial · 5,600 Sq. ft. | 0.07 Acres
$263,000 Active

614 S Lake Street Overview

Time on Site:
162 days
Visits:
7

A Rare Investment Opportunity in the Heart of Miller Beach!! 614 S Lake Street | Miller Beach, Indiana! Position yourself at the forefront of Miller Beach's transformation with this premier commercial parcel located in the thriving East Lakefront District. Set within one of Northwest Indiana's most energized urban corridors, this property represents a once in a generation chance to secure a prime location in a community on the rise. Just steps from the brand-new South Shore Line Train Station, this site sits prominently within the Transit-Oriented Development (TOD) Zone--unlocking extraordinary potential for mixed use development, boutique retail, dining, entertainment, or a signature cultural destination. For developers and investors with vision, 614 S Lake Street offers the rare combination of strategic placement, walkability, and momentum. Surrounded by the renewed vibrancy of the Miller Beach Business District, the property enjoys effortless access to artisan cafes, boutique shops, craft breweries, and an eclectic mix of restaurants. The nearby Miller Beach Creative Arts District adds cultural depth, hosting year-round events that draw visitors from across the region. Recreation and lifestyle amenities are equally unmatched. Lake Street Beach, the Indiana Dunes National Park, and miles of lakefront trails are just minutes away by bike or car--making this location ideal for projects that blend urban energy with natural beauty. Centrally positioned in one of Miller Beach's most pedestrian friendly zone, just a short bike rider to the lakefront! Miller Beach, unparalleled in its offerings! Make it your today!

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614 S Lake Street Facts & Features

  • Type Commercial
  • Sq. ft. 5,600
  • Price/Sq.ft. $47
  • Lot 0.07 Acres

Details

General

Association/HOA

  • Common Interest: None

Building Information

  • Year Built: 1953

Location/Region

  • County Or Parish: Lake
  • Subdivision Name: Meyers Add
  • Township: Calumet

Tax Information

  • Tax Annual Amount: 2140
  • Tax Year: 2024

General Information

  • Exclusions: Building contents are not included in the sale.
  • Listing Terms: Cash,Conventional
  • Parcel Number: 450906403017000004
  • Property Sub Type: Business
  • Property Type: Commercial Sale
  • Special Listing Conditions: None

Interior

Building Interior

  • Building Area Source: Assessor

General Information

  • Appliances: None
  • Building Features: Concrete Ceiling(s),Mixed Use,Business District Location
  • Electric: Other
  • Heating: None
  • Interior Features: Entrance Foyer
  • Living Area: 5600

Exterior

Parking Information

  • Parking Features: Alley Access,On Street
  • Parking Total: 0

Lot Information

  • Additional Parcels: false
  • Lot Features: Near Public Transit
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 3223
  • Water Source: Public

Waterfront/View

  • View: City
  • Waterfront: false

General Information

  • Exterior Features: None
  • Sewer: Public Sewer
  • Utilities: Electricity Available,Water Available,Sewer Connected,Natural Gas Available

614 S Lake Street Neighborhood

Community

46403 (Gary) Demographics

41
Median Age
1,244
Population Density (per sq. mile)
30%
College Educated
$37,927
Estimated Median Income
2,732
Estimated Total Home Owners
2,802
Estimated Total Renters
49% / 51%
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.

614 S Lake Street Monthly Cost

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$ %
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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.

614 S Lake Street Market Data

Based on the last 30 days in this zip code

$268,418
Average List Price
$146
Average Price per Square Foot
13
Properties Sold
84
Average Days on Market
48
Properties for Sale
Calculations provided by Reliance Network

614 S Lake Street History

Date Event Value Agent
1/18/2026Source: Northwest Indiana MLS Added to Database
January 18, 2026