Excellent investment opportunity! This versatile commercial building features three separate units, offering multiple income-producing possibilities. One of the units was previously operated as a restaurant and includes an existing commercial kitchen hood, making it ideal for a new restaurant, cafe, carryout, or other food service business with the proper approvals. Whether you’re an investor looking to generate rental income or a business owner seeking to occupy one unit while leasing the others, this property offers outstanding flexibility and long-term potential. The multi-unit layout provides the opportunity for diversified income streams and owner-occupancy, making it an attractive addition to any investment portfolio. Conveniently located on W. Ridge Road with excellent visibility and accessibility, this property is well-positioned for a variety of commercial uses. Don’t miss the opportunity to own a property with strong income potential and endless possibilities.
Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : NRA841261
Price : $250,000
Bedrooms : 0
Rooms : 0
Bathrooms : 0
Half Bathrooms : 0
Year Built : 1957
Lot Area : 11,674 Sqft
Status : Active
Acres : 0.268
Property Subtype 1 : Mixed Use
Status : Active
Features
Heating System : Central, Natural Gas
Parking : Off Street, Asphalt
Exterior Features : Lighting
Address Map
Country : US
State : IN
County : Lake
City : Gary
Street : Ridge
Street Number : 5490
Street Suffix : Road
Postal Code : 46408
Floor Number : 0
Longitude : W88° 35' 42.6''
Latitude : N41° 32' 58''
Directions : From I-80/94, take the Grant St. exit and head north. Turn left (west) onto Ridge Road. Continue west approximately 2 miles. The property will be on the south side of Ridge Road at 5490 W Ridge Rd