About 4007 Broadway
Seize the chance to acquire a cash-flowing landmark location in Gary's historic Glen Park neighborhood. Located at 4007 Broadway, this 1920s-era commercial building offers a stabilized addition to your portfolio, currently operated as a tenant-occupied Leased property. Long known as the home of "Ace Cleaners and Tailors," this location has been a staple of the community for generations and features a reliable, established tenant in place. With over 7,300 square feet of lot space and a building that exudes the architectural charm of 1927, this site offers an investor minimal landlord responsibilities under the leased structure. Situated on the bustling Broadway artery, the property ensures constant high visibility and long-term real estate value. A true Community Anchor: located just minutes from Indiana University Northwest, local schools, and major transit routes. Perfect for passive investors or 1031-exchange buyers looking for stable commercial frontage just south of the I-80/94 interchange. Zoned Commercial. Buyer to verify current lease terms, options, and rental income.
Features of 4007 Broadway
| MLS® # | 837489 |
|---|---|
| Price | $175,000 |
| Bathrooms | 0.00 |
| Square Footage | 2,160 |
| Acres | 0.17 |
| Year Built | 1927 |
| Type | Commercial Sale |
| Sub-Type | Business |
| Status | Active |
Community Information
| Address | 4007 Broadway |
|---|---|
| Subdivision | Earles 03 Glen Park Add |
| City | Gary |
| County | Lake |
| State | IN |
| Zip Code | 46409 |
Amenities
| Utilities | Electricity Connected, Water Connected, Sewer Connected, Natural Gas Connected |
|---|---|
| Parking Spaces | 8 |
| Parking | Off Street, Paved, Asphalt |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior Features | Entrance Foyer, High Ceilings |
|---|---|
| Appliances | Dryer, Washer, Other |
| Heating | Central, Natural Gas, Forced Air |
| Fireplace | No |
| Has Basement | No |
Exterior
| Lot Description | Corner Lot, Near Public Transit, Paved |
|---|
School Information
| District | Gary |
|---|
Additional Information
| Date Listed | April 20th, 2026 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
Listing Details
| Agent | Alan Harrell |
|---|---|
| Office | McColly Real Estate |