857 Hamilton - 856 Lake / 857 Hamilton 2.3 Acres of Residential Land Offered at $499,900 in Gary, IN 46403
EXECUTIVE SUMMARY
Prime investment/development opportunity.
Possibility to combine this parcel with an additional +/- 4 acres.
In the heart of the Transit Development Project(RDA), a Federal & State project, with possible incentives available to developers.
https://gary.gov/redevelopment/projects/ (RDA) This site is the Miller Site.
Miller Beach is a prime development area within the NW Indiana Region.
https://www.doubletrack-nwi.com/ (link to the "double track" project & development)
Possibility to combine this parcel with an additional +/- 4 acres.
In the heart of the Transit Development Project(RDA), a Federal & State project, with possible incentives available to developers.
https://gary.gov/redevelopment/projects/ (RDA) This site is the Miller Site.
Miller Beach is a prime development area within the NW Indiana Region.
https://www.doubletrack-nwi.com/ (link to the "double track" project & development)
PROPERTY FACTS
| Price | $499,900 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Total Lot Size | 2.30 AC |
| Opportunity Zone |
Yes |
| Zoning | Residential / variance |
1 LOT AVAILABLE
Lot 1,2
| Price | $499,900 |
| Price Per AC | $217,347.83 |
| Lot Size | 2.30 AC |
2 lots, Access to utilities. Developed land immediately surrounding the property. (+/-) 2.3 acres total. Within the RDA/Double Track zone. On Lake Street near the train terminal. Excellent Development opportunity with potential funding programs!
DESCRIPTION
(+/-) 2.3 acres of mostly flat land with utilities immediately surrounding the property. In the heart of the Federal/State redevelopment project in Miller/Miller Beach area. The overall project is already underway. Easy access to Highways and major local arteries. National and Local store brands in the immediate area.
