3433-39 Grant Street

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3433-39 Grant Street

Gary, IN 46408
Asking Price
$480K
Asset Type
Commercial Land
Class
Class B

What's Special

Land | 0.62 acres <p><strong>Versatile B-3 Zoning:</strong> Permits a wide array of high-demand commercial uses, including retail, fast food/drive-thru concepts, and automotive-related developments.</p><p><strong>Substantial Development Cost Savings:</strong> Positioned on a cleared, previously improved 0.62-acre site (former dealership/restaurant), offering an expedited path to construction.</p><p><strong>Excellent Visibility & Access:</strong> Boasts prominent frontage along the heavily trafficked Grant Street

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NOI
$80,000
Cap Rate
16.67%
DSCR
2.81
Strong
Cash-on-Cash
35.77%
Monthly Payment
$2,374.778
Annual Cash Flow
$51,502.663

Location & Travel Times