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McColly Real Estate Logo New Active Commercial Sale Retail

288 South Lake Street, Gary, Indiana, 46403, USA

USD $249,900
Reference ID: 828637 Web ID: sw2pb
  • Located in Miller business district, Gary, IN

  • Situated on Lake Street

  • Former restaurant building

  • Currently partially occupied by tattoo studio

  • Interior mostly cleared for redevelopment

Prime Investment Opportunity in Miller Business District - Gary, IN. This commercial property on bustling Lake Street offers incredible potential in one of Gary's most vibrant and growing areas. Currently occupied part-time, the building had strong bones but is in need of renovation - making it a perfect project for an investor or business owner with vision. Originally home to a well-known local restaurant, the building still carries the charm and history of its roots. With the interior mostly cleared out and ready for redevelopment, the space is a blank canvas that can be transformed to fit a wide variety of uses - restaurant, retail, studio, office, or mixed-use. Located in the heart of the Miller business district, this property benefits from steady foot traffic, high visibility, and close proximity to Lake Michigan, Marquette Park, and the South Shore Line. The district is known for its unique shops, restaurants, and growing arts scene, making this a rare opportunity to join a thriving community at the right time. With new vision and care, this property can be revitalized into a defining feature of Lake Street. Position your business for success in this premier location, complete with a 13-car private parking lot offering exceptional convenience for clients, staff, and guests. Nestled near the Douglas Center and Indiana Dunes National Park, the property combines natural surroundings with unmatched accessibility. The South Shore commuter line ensures seamless connectivity to Chicago, while immediate access to I-80/94, the Toll Road, and I-65 places the entire region within easy reach. Situated in a thriving business district, the property benefits from proximity to a well-established network of amenities, including a modern library, acclaimed restaurants, and a dynamic art center. This vibrant setting enhances both professional appeal and lifestyle value, making it an exceptional choice for businesses seeking visibility, growth, and prestige.
  • Transaction Type: Commercial Sale
  • Property Type: Retail
  • Status: Active
  • Area: 2,607 sf
  • Year Built: 1957
  • Lot Size: 0.17 Acres
  • Parking: On Street, Paved or Surfaced
Map
Businesses Nearby

Vibrations Health, Wellness And Juice Bar

(0.2 miles away)

Tiny's Coffee Bar

(0.3 miles away)

Miller Pizza Co.

(0.3 miles away)

New York Plate

(0.5 miles away)

Arman's Restaurant

(0.6 miles away)

Ember and Oak Smokehouse

(0.6 miles away)

Jerk N Go

(0.7 miles away)

Top of The Mornin Cafe

(0.7 miles away)

Wrap Game Sandwich Shop

(0.7 miles away)

Great Lakes Cafe

(3 miles away)
Public Transportation

Gary

(4 miles away)

Adam Benjamin JR Metro Center

(4 miles away)

Greyhound: Bus Station

(4 miles away)

Gary Public Transportation

(4 miles away)

Metro Center

(4 miles away)

Metro Center Station

(4 miles away)

Gary IN (GRY)

(4 miles away)

Gary Metro Center Station

(4 miles away)

Gary Indiana Public Transportation

(6 miles away)
Airports

Gary/Chicago International Airport

(7 miles away)

Griffith-Merrillville Airport

(9 miles away)

Michigan City Municipal Airport - Phillips Field

(24 miles away)

La Porte Municipal Airport

(28 miles away)

South Bend International Airport

(50 miles away)

Fort Wayne International Airport

(116 miles away)

Indianapolis International Airport

(140 miles away)
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Property Highlights

  • Located in Miller business district, Gary, IN

  • Situated on Lake Street

  • Former restaurant building

  • Currently partially occupied by tattoo studio

  • Interior mostly cleared for redevelopment