1080 Broadway

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1080 Broadway

Gary, IN 46402
Asking Price
$375K
Asset Type
Commercial Land
Class
Class B

What's Special

Land | 0.909 acres <p>Rare signalized corner pad site at Broadway and 11th Avenue in downtown Gary, Indiana.​ This 0.909-acre vacant commercial parcel offers immediate visibility at a lighted intersection on Gary's primary north-south corridor, with an existing monument sign already in place.​ All city utilities are confirmed available at the site.​ The parcel is ideally suited for a QSR, drive-through, retail, medical, or mixed-use development in Gary's active downtown Commercial District.​</p><p></p><p>This prim

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NOI
$80,000
Cap Rate
21.33%
DSCR
3.59
Strong
Cash-on-Cash
51.32%
Monthly Payment
$1,855.295
Annual Cash Flow
$57,736.455

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