• 5816 E 7th Avenue Gary, IN 46403

  • $485,000
  • 2
    Bed(s)
  • 2
    Baths
  • 1,433
    Sq Ft
  • 0.163
    Acre
  • Listed By: McColly Real Estate
  • Source: nira

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!

Property Type :

Residential

County :

Lake

Style :

Residential

Property Details

 

Bedroom Information

Total Bedroom: 2

Room Types: Great Room, Kitchen, Media Room, Office, Other Room, Primary Bedroom, Utility Room, Workshop

Bathroom Information

Total Baths: 2

Half Baths: 2

Room Information

Rooms Total: 11

Has Basement: Yes

Interior Features

Attic Stairway, Built-in Features, Cathedral Ceiling(s), Ceiling Fan(s), Eat-in Kitchen, Entrance Foyer, Natural Woodwork, Recessed Lighting, Storage

Appliances : Gas Water Heater

Laundry Features: In Basement, Sink, Washer Hookup

Heating & Cooling

Heating: Forced Air

WaterSource: Public

Building Information

Year Built: 1924

Exterior Features

Lighting, Private Entrance, Rain Gutters

Pool Features

Private Pool:

None

Lot Information

Lot Dimensions: Irregular, see legal descriptions

Lot Description: Back Yard, Front Yard, Irregular Lot, Level, Near Public Transit, Views

Lot Square Feet: 7100.28

Lot Acres: 0.163

Property Information

Property Type: Residential

Sub Type: Single Family Residence

Style: Bungalow

Structure Type: Mixed Use

Tax Information

Tax Assessed Value: 86300

Tax Legal Description: RIDGE SUB. E. 50 FT. OF LOTS 22-23-24 BL.1

Annual Tax: $2211

Tax Year: 2022

Parcel Number: 45-09-06-409-012.000-004

Parking Information

Additional Parking, Alley Access, Asphalt, Parking Lot

Garage Information

Has Garage: Yes

Garage Space: 1

Utility Information

Cable Available, Natural Gas Connected, Sewer Connected, Water Connected

Sewer: Public Sewer

Water Source: Public

Location Information

Subdivision: Ridge Sub

City: Gary

Direction: From Route 20 and Lake Street. Proceed North across train tracks. Turn Immediately onto 7th Ave. Proceed to property on your right.

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
7610 Ash Avenue, Gary, IN,46403 $55,000 -- -- -- --
308 S Howard Street, Gary, IN,46403 $229,900 3 -- 2,161 0.143 Acre
4403 E 6th Place, Gary, IN,46403 $119,900 3 1 -- 0.162 Acre
7641 Juniper Avenue, Gary, IN,46403 $394,000 3 2 2,404 0.351 Acre
4025 E 10th Avenue, Gary, IN,46403 $105,000 3 1 1,211 0.22 Acre
518 N Miami Place, Gary, IN,46403 $60,000 5 2 2,178 0.193 Acre
1118 Benton Street, Gary, IN,46403 $124,995 3 1 936 0.138 Acre
6568 Miller Avenue, Gary, IN,46403 $179,000 3 2 1,378 0.138 Acre
8141 Hickory Avenue, Gary, IN,46403 $335,000 5 2 2,288 0.165 Acre
9309 Juniper Avenue, Gary, IN,46403 $397,000 5 3 2,962 0.137 Acre

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Based on information submitted to the MLS GRID as of 05/20/2024 @ 18:20. All data is obtained from various sources and may not have been verified by the broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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ByOwner last updated this listing 05/20/2024 @ 18:20

MLS: NIRA #802839
LISTED BY: Alan Harrell, McColly Real Estate
SOURCE: nira
Buyer Agency Compensation: 2.5%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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