Freestanding Industrial For Sale- Gary, IN

5200 Cleveland Street Gary, IN 46410

5200 Cleveland Street, Gary, IN, 46410
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FOR SALE
Property Type:
Warehouse
Amount:
$1,400,000
Last Verified:
Dec 15, 2025

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Highlights

  • 12,400 SF industrial building on a fully fenced 2.15-acre lot
  • Three 14’ drive-in doors and 28’ peak ceiling height
  • Includes front showroom and office area with strong street visibility
  • Newer roof (approximately 5 years old) and brand-new electronic sign
  • 2024 pay 2025 taxes: $7,773 annually
  • Excellent location near I-80/94, US-20, and I-65 for easy regional access

Description

The 12,400 SF industrial building at 5200 Cleveland Street in Gary, Indiana offers a unique combination of functionality, visibility, and recent upgrades. Situated on a fully fenced 2.15-acre lot, the property includes a front showroom, office area, and warehouse space with three 14-foot drive-in doors and 28-foot peak ceiling height, providing excellent flexibility for a variety of industrial or service-based users. The building is equipped with a newer roof (approximately five years old) and a brand-new electronic sign, adding both durability and curb appeal. With 2024 pay 2025 taxes totaling $7,773 annually, the property delivers a cost-efficient operating profile. Conveniently located near major routes including I-80/94, US-20, and I-65, it offers easy access throughout Northwest Indiana and the greater Chicagoland area—making it an ideal option for businesses seeking secure outdoor space, showroom exposure, and functional warehouse capability in one prime location.

Gary is a city in Lake County, Indiana, United States. The population was 69,093 at the 2020 census, making it Indiana's eleventh-most populous city. The city has been historically dominated by major industrial activity and is home to U.S. Steel's Gary Works, the largest steel mill complex in North America.

Gary is located along the southern shore of Lake Michigan about 25 miles (40 km) southeast of downtown Chicago. The city is the western gateway to the Indiana Dunes National Park, and is within the Chicago metropolitan area.


Year Built: 1969
Building Size: 12400sq ft
Lot Size: 2.15 acres


Documents

Sale Brochure

Map of 5200 Cleveland Street, Gary, IN, 46410

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.