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4495 Cleveland, Gary 4495 Cleveland St

2,426 SF 100% Leased Retail Building Gary, IN 46408 $500,000 ($206/SF)

Investment Highlights

  • Services local government vehicles

Executive Summary

INVESTMENT PROPERTY/BUSINESS PURCHASE OPPORTUNITY: Well established gas station/ auto repair business with a loyal customer base that has been servicing any repairs from brake alignments to cooling systems to tune ups and everything in between. This highly reputable business provides quality repairs to all types of vehicles, including personal use cars, collector models and fleet trucks. Owner has offered to visit new owners to stay onsite to help transition into the new business.

Property Facts

Sale Type
Investment or Owner User
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Auto Repair
Building Size
2,426 SF
Year Built
1966
Price
$500,000
Price Per SF
$206
Business Value
$295,000
Percent Leased
100%
Building Height
1 Story
Building FAR
0.16
Land Acres
0.36 AC

About 4495 Cleveland St , Gary, IN 46408

For Sale: Property/Business - Gas Station/Auto Repair - This is a full functioning, well established auto repair shop located in Gary, IN. Currently contracted to service the Lake County Government vehicle fleet as well as public / surrounding community repairs. This property is turnkey and ready for business!

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 2,426 SF
  • Retail
  • -
  • 30 Days

$275,000 for auto repair business from owner. Lease the building for $3,500 a month.

Space Size Space Use Position Available
1st Floor 2,426 SF Retail - 30 Days

1st Floor

Size
2,426 SF
Space Use
Retail
Position
-
Available
30 Days

1st Floor

Size 2,426 SF
Space Use Retail
Position -
Available 30 Days

$275,000 for auto repair business from owner. Lease the building for $3,500 a month.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
45-08-29-481-008.000-001
Land Assessment
$23,100
Improvements Assessment
$42,000
Total Assessment
$65,100
  • Listing ID: 29110821

  • Date on Market: 7/26/2023

  • Last Updated:

  • Address: 4495 Cleveland St, Gary, IN 46408

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