8000 Melton Rd 80,000 SF 100% Leased Flex Building Gary, IN 46403 $1,500,000 ($18.75/SF)
INVESTMENT HIGHLIGHTS
- Expressway Access
- Outdoor Storage | Truck Parking
- High Clear Heights
- Flexible Zoning with Industrial Being Permitted in Gary’s Master Plan
EXECUTIVE SUMMARY
This 80,000 SF flex/multipurpose building in Gary, Indiana, is now for sale. Situated on 5.76 acres with expressway access, the property offers flexible zoning, outdoor storage, and ample truck parking. Ideal for uses such as truck and trailer maintenance, retail, or warehousing, it is currently home to Second Chance Appliance & Discount Furniture, an indoor discount mall. Don’t miss this versatile investment opportunity!
PROPERTY FACTS
| Price | $1,500,000 |
| Price Per SF | $18.75 |
| Sale Type | Investment |
| Property Type | Flex |
| Property Subtype | Light Distribution |
| Building Class | C |
| Lot Size | 5.76 AC |
| Rentable Building Area | 80,000 SF |
| No. Stories | 1 |
| Year Built | 1970 |
| Clear Ceiling Height | 20’ |
| No. Drive In / Grade-Level Doors | 1 |
| Opportunity Zone |
Yes |
| Zoning | B5-1 - Wholesale and Motor Vehicle |
PROPERTY TAXES
| Parcel Number | 45-09-04-300-901.000-004 | Improvements Assessment | $325,600 |
| Land Assessment | $0 | Total Assessment | $325,600 |
