Listed by Village Realty, Inc.
$149,000
4815 West 5th Avenue
Details
APN 450701431005000004
Property Type Mixed Use
Sub Type Mixed Use, Other
Square Footage 9,800
Tenancy Vacant
Year Built 1945
Acreage 0.497
Zoning Commercial/Business use
Parking Spaces 25 spaces
Parking per 1,000 SqFt 2.55
Ground Lease No
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Marketing description
**Property Type:** Commercial / Retail / Former Laundromat * **Building Size:** Approximately **9,800 sq. ft.** * **Stories:** 2 * **Year Built:** 1945 * **Lot Size:** Approximately **0.50 acre (21,649 sq. ft.)** * **Zoning:** Commercial/Business use * **Property Class:** Former laundromat. ### Existing Infrastructure * Former commercial laundromat * Capacity for approximately **70+ washers** * Capacity for approximately **40+ dryers** * **200-amp, 400-volt electrical service* * Drive-through service window * High ceilings * Forced-air heating * Existing utility layout suitable for high water-demand commercial operations. * Parking for approximately **25+ vehicles** * Easy customer access from W. 5th Avenue * Suitable for retail, medical, restaurant, or service-oriented businesses. Location Highlights * Frontage on **West 5th Avenue (US 12/US 20 corridor)** * Four-lane arterial roadway * Estimated **18,000-22,000 vehicles per day** * Excellent visibility and signage opportunities * Convenient access to major highways serving Northwest Indiana and the Chicago metropolitan area. Potential Uses The building's size, utility capacity, and location make it suitable for numerous commercial uses, including: * Laundromat * Medical or urgent care facility * Restaurant or food hall * Retail center * Fitness center * Indoor recreation * Church or community center * Office conversion * Contractor showroom
Investment highlights
Prime Commercial Opportunity | 4-Lane High-Traffic Corridor
- Approximately 9,800 square feet
- Nearly ½-acre site
- Former laundromat with existing layout designed to accommodate 70+ washers and 40+ dryers
- 200-amp, 400-volt electrical service
- Drive-through window suitable for customer service, pickup, or retail operations
- Ample on-site parking for 25+ vehicles
- High-visibility frontage on a major commercial corridor
- Excellent ingress and egress
- Strong traffic counts with approximately 18,000–22,000 vehicles per day
Listing Contacts
Listed by Village Realty, Inc.
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