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$70,000 $15,000on 10/15/2024

2510 W Ridge Road Gary, IN  46408

  • 1,325 sq. Ft

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Property Description for 2510 W Ridge Road Gary, IN 46408

Welcome to an exceptional commercial property offering unparalleled versatility and potential. The storefront invites various business ventures, whether it be retail, office space, or a boutique enterprise, ensuring flexibility to adapt to market demands. Adjacent, the expansive side garage features a monumental 15ft opening door, accommodating seamless loading operations or functioning as a dynamic dual-sided car workshop. Ample storage rooms accompany this space, providing essential organizational capacity for inventory or equipment.u00a0Beyond business utility, the property includes a delightful 1-bedroom, 1-bathroom rear apartment. Boasting a generous living area and convenient washer/dryer hookups, this space caters perfectly to on-site management or as a desirable rental unit.

Address:2510 W Ridge Road Gary IN 46408
Status:Active
on site: 150 days
Price:$70,000
Bathrooms:0
Sq. Feet:1,325
Year Built:1956
Lot Size:0.07
County: Lake
Township: Center
MLS #:807078
Property Type:Mixed Use

Directions:take Ridge road down and its a property on the left hand side driving east (right if driving west)Head south on Broadway toward E 6th AveTurn right onto W Ridge Rd
Total Sq. Ft. :1,325

Loan Price
$394
Price And Interest $365/month
Property Tax $0/month
MTG INS $0/month
HOME INS $29/month
Price
$70,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$0/month
Home Owner Insurance
$348 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

DateOld PriceNew PricePercent Change
10/15/24 $85,000 $70,000 -17.65%
08/30/24 $95,000 $85,000 -10.53%
08/23/24 $105,000 $95,000 -9.52%
07/25/24 $115,000 $105,000 -8.7%

Tax Year:2023
Mandatory HOA Fee:$

City:Gary
Zip Code:46408

Total Sq. Ft.:1,325
Appliances:Other
Exterior Features:None
Heat:None
Jeff Safrin, REALTOR®/Broker, F. C. Tucker Company
Jeff Safrin
Additional Phone (219) 309-9930
F.C. Tucker Company

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Listing provided courtesy of Steven Koleno with Beycome Brokerage Realty LLC from NIRA as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 07/18/2024 12:00 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.





Gary Market Report

84
Avg. DOM
$147.51
Avg. $ / Sq.Ft.
$ 145,000
Med. List Price

The house prices in Gary are indeed dropping at the moment. There has been a decrease in price of $0.00. There are several factors that can cause a price drop. Higher mortgage rates, lower demand, prices of comparable properties can all cause the price of a house to drop.

There is no data available at this time for Gary.

The most popular place to buy a home in Gary is 010 - Woodford County. 010 - Woodford County is where we have the most properties listed and there seems to be the most demand to buy a house. Some people love to live in the most popular areas of a city, and others prefer to live in an area that is less busy. Regardless of your preference, we have a vast variety of listings and agents to help you find a house in Gary .

The average amount of property taxes you would have to pay for a home in Gary is $333.81. It is important to consider property taxes when purchasing a home. Property taxes are tied to the value of the home. The more expensive the home is, the higher the taxes will be.

Properties in Gary are staying listed for an average of 84 days. A good way to tell if you are in a buyer's or seller's market is to look at the average days on market for homes in the area. A low number of average days on market indicate a seller's market whereas a high number of average days on market indicate a buyer's market.

The last home listed in Gary was 1236 minutes ago.

At the moment we have 6 open houses that you can visit.

The cost of the most expensive home in Gary is $440,000.00. There are several reasons to consider buying an expensive home. They typically have great amenities, will be in great condition, and have plenty of space inside and outside of the home. Expensive real estate usually appreciates very fast, making it a good investment if you can afford it.

The cost of the cheapest home in Gary is $7,000.00 . Buying a cheap house can have many benefits including keeping your payments low, allowing more room in your budget to customize or improve the house, as well as allowing you to pay of your mortgage faster.

The date of the oldest built home in Gary in year 1910 and the newest built house is in year 2024.

The average size of properties in Gary is 1607.87 sq.ft. , the biggest one being 5040 sq.ft. and the smaller being 0 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.