Address
1661-71 W 11Th Gary, IN
Price
$ 799,000
Property Attributes
  • MLS#469469
  • TypeCommercial
  • CountyLAKE
  • CityGary
  • Zip46404
  • Style
  • Price$ 799,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage9000
  • Lot Size0.32 Acres
Listing Provided Courtesy Of:
Audrey Lemmons with Blackrock Real Estate Services
Property Description

Historic Gary business for sale! Exciting opportunity to bring back the legendary red and white bags of Peerless Potato Chips to NWI residents longing for the return of the classic local brand for 3 years since the 89 year old family business closed operations in 2017.Own a lucrative company with a large existing customer base and the support of government programs designed to stimulate the Gary community and the Indiana economy. The Economic Development for a Growing Economy tax credit and the Next Level Jobs Employer Training Grant both apply and will ensure success! The facility and equipment are waiting to restore Peerless to its former glory days as the #1 potato chip of NWI. Though nonoperational for 3 years, the restart costs are minimal. Capitalize on the chance to regenerate and operate a thriving local business and bring new jobs and economic stability to the area! Own a piece of local history and restore a beloved brand to its original glory!

Price History
2/12/2020 Listed $799,000

General Features

Exterior Features Other
Property SubType Other
Property Type Commercial
Subdivision Name n/a
Transaction Type Sale
Year Built 1956

Interior Features

Living Area 9000.00

Exterior Features

Lot Size Square Feet 13939.00

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 46404

Price
AVG $370K
$800K
Visits
AVG 20
28
Year Built
AVG 1945
1956
Walkscore
AVG 50
57
Data Provided by Walkscore ® not using MLS data

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