5816 E 7TH AVE
GARY, IN 46403

$485,000

2 Beds

2 Baths

1,433 Sq Ft

Status Active

MLS# 802839

Welcome to 5816 East 7th Avenue! Located within the "East Lakefront District" this is a RARE chance to own a Prime Mixed - Use Building. Located directly across from the new Miller Beach South Shore Train Station! This property presents an extraordinary opportunity for the Astute Investor or Business Visionary! With its Strategic location, expansive parking capacity, centered directly within the Miller Lake Street TOD zone and Business district! The possibilities for this Mixed-use space, business or residential, is limitless! Don't miss out on this rare chance to own a piece of prime real estate in one of Miller Beach's most sought-after locations. The Sale includes 3 adjoining Parcels with parking for 18 Vehicles. Conveniently located, and just steps away from Millers Business district for boutique shopping, dining options, a craft brewery, coffee shops, banking, public library and post office. Experience the "Miller Beach Creative Arts District" for ongoing artists and cultural events. Only minutes away by bike or car to Lake Street Beach access! Miller, a community unparalleled in its offerings. Don't miss out on this exceptional property! Explore the endless possibilities this property has to offer!

Details for 5816 E 7TH AVE

Built in 1924

$338 / Sq Ft

1 parking space

Ceiling Fan(s),Central Air

Forced Air

34 Days on website

0.163 acres lot

Interior

Appliances

Gas Water Heater

Bathrooms Half

Bathrooms Total

Bedrooms Total

Fireplace Features

Gas, Gas Log

Flooring

Carpet, Slate, Hardwood, Ceramic Tile

Interior Features

Attic Stairway, Recessed Lighting, Storage, Natural Woodwork, Built-in Features, Entrance Foyer, Eat-in Kitchen, Ceiling Fan(s), Cathedral Ceiling(s)

Laundry Features

In Basement, Washer Hookup, Sink

Living Area

1,433 SqFt.

Building And Construction

Property Sub Type

Single Family Residence

Property Type

Residential

Security Features

Security Lights, Smoke Detector(s)

Window Features

Blinds, Screens, Skylight(s), Insulated Windows

Year Built

1924

Exterior And Lot

Exterior Features

Lighting, Private Entrance, Rain Gutters

Garage Spaces

Lot Features

Back Yard, Views, Near Public Transit, Front Yard, Level, Irregular Lot

Lot Size Acres

0.163

Lot Size Square Feet

7100.28

Parking Features

Additional Parking, Parking Lot, Asphalt, Alley Access

Parking Total

Patio And Porch Features

Covered, Rear Porch, Front Porch, Deck

Pool Features

None

Utilities

Cooling

Ceiling Fan(s), Central Air

Heating

Forced Air

Area And Schools

City

Gary

Community Features

Curbs, Restaurant, Street Lights, Sidewalks

County Or Parish

Lake

School District

Gary

Subdivision Name

Ridge Sub

Financial Info

Buyer Agency Compensation^*

2.5%

^*The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Tax Annual Amount

$2,211

Tax Year

2022