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$250,000
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Property Description
Here is a chance to own a fully renovated commercial building on the busiest street in Gary. It comes with the 3 way alcohol license, catering license, and gaming license. There is a full unfinished basement with 2 new sump pumps, 2 new Goodman furnaces, and a brand new drain tile system. Bring your vision to this building to help the city continue to grow.
Full Property Details
Full Property Details for 5004 Broadway
General
- Price: $250,000
- Taxes: $8,343 (2024)
- Status: Active
- Type: Business
- Source: GNIAR
- MLS ID: 832370
- Updated: 1/4/2026
- Added to Site: 13 day(s) ago
Parking
- Parking Features: On Street
Location
- County: Lake
- Township: Calumet
- Subdivision: Junedale Sub
- Driving Directions: Head North on Broadway from Merrillville and building will be on left side of street.
Heating & Cooling
- Heating Type: Forced Air
Structural Information
- Square Feet: 5,000
- Year Built: 1962
Lot Features
- Lot Size (Acres): 0.122
- Lot Size (Sq. Ft.): 5,314
Financial Considerations
- Tax Amount: $8,343
- Tax Year: 2024
- Terms: Cash, Other
Disclosures and Reports
- Legal Description: JUNEDALE SUB. L.38 BL.24 L.39 BL.24
- Property ID: 450833433016000004
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Schools
Schools serving 5004 Broadway
School District:Gary Community School Corporation
| Name | Grades | Distance |
|---|---|---|
Glen Park Academy For Excel In Lrn 5002 Madison Street, Gary, IN 46408 | K-5 | 0.3 mi |
Mary M Bethune Early Child Development Center 2367 East 21st Avenue, Gary, IN 46407 | PK- | 3.9 mi |
Bailly Preparatory Academy 4621 Georgia Street, Gary, IN 46409 | 6-8 | 0.8 mi |
West Side Leadership Academy 9th & Gerry St, Gary, IN 46406 | 9-12 | 5.9 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5004 Broadway
Date
Details
Price
Change
Source
1/04/2026
Listed
$250,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 5004 Broadway
Year
Property Taxes
Change
Tax Assessment
Change
2024
$9,403
-56%
$237,800
-2%
2023
$21,460
283%
$243,400
55%
2022
$5,596
-9%
$157,100
126%
2020
$6,124
87%
$69,500
—
2019
$3,280
-4%
$69,500
—
2018
$3,430
23%
$69,500
—
2017
$2,791
—
$69,300
-4%
2017
$2,791
-2%
$72,200
-9%
2016
$2,861
16%
$79,600
-1%
2015
$2,474
-44%
$80,400
8%
2013
$4,403
-20%
$74,600
-17%
2012
$5,484
—
$90,300
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 5004 Broadway
5004 Broadway, Gary, IN 46408 (MLS# 832370) is a Business property. 5004 Broadway is currently listed for $250,000 and was received on January 04, 2026. Want to learn more about 5004 Broadway? Do you have questions about finding other Business real estate for sale in Gary? You can browse all Gary real estate or contact a Coldwell Banker agent to request more information.

