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Highlights

  • Full remodel completed, including updated building condition, new fencing, and outdoor patio—ready for immediate operation
  • Offered at $2,500/month (~$16.90/SF/year), providing strong value for a fully improved commercial property
  • ±1,776 SF building on a 0.23-acre lot with parking, flexible interior, and ideal setup for restaurant or retail use

All Available Space(1)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Space Use
  • Condition
  • Available
  • 1st Floor
  • 1,776 SF
  • Negotiable
  • $23.53 CAD/SF/YR $1.96 CAD/SF/MO $41,781 CAD/YR $3,482 CAD/MO
  • Flex
  • Partial Build-Out
  • Now

Space Notes ±1,776 SF standalone commercial building Former bar / restaurant use Fully remodeled in 2023 Brick construction with updated condition Functional layout with multiple usable areas (bar, seating, service space) 1-story building with flexible interior configuration Outdoor patio area (±832 SF concrete) New aluminum fencing installed (2023) Approx. 0.23-acre lot Paved access with sidewalk frontage Existing parking / paved area (±4,500 SF) Ideal for restaurant, bar, lounge, or retail conversion Suitable for owner-user or lease opportunity Commercial zoning (restaurant / retail permitted use)

  • Lease rate does not include utilities, property expenses or building services
Space Size Term Rental Rate Space Use Condition Available
1st Floor 1,776 SF Negotiable $23.53 CAD/SF/YR $1.96 CAD/SF/MO $41,781 CAD/YR $3,482 CAD/MO Flex Partial Build-Out Now

1st Floor

Size
1,776 SF
Term
Negotiable
Rental Rate
$23.53 CAD/SF/YR $1.96 CAD/SF/MO $41,781 CAD/YR $3,482 CAD/MO
Space Use
Flex
Condition
Partial Build-Out
Available
Now

1st Floor

Size 1,776 SF
Term Negotiable
Rental Rate $23.53 CAD/SF/YR
Space Use Flex
Condition Partial Build-Out
Available Now

Space Notes ±1,776 SF standalone commercial building Former bar / restaurant use Fully remodeled in 2023 Brick construction with updated condition Functional layout with multiple usable areas (bar, seating, service space) 1-story building with flexible interior configuration Outdoor patio area (±832 SF concrete) New aluminum fencing installed (2023) Approx. 0.23-acre lot Paved access with sidewalk frontage Existing parking / paved area (±4,500 SF) Ideal for restaurant, bar, lounge, or retail conversion Suitable for owner-user or lease opportunity Commercial zoning (restaurant / retail permitted use)

  • Lease rate does not include utilities, property expenses or building services

About the Property

939 E 21st Ave presents a recently renovated standalone commercial opportunity in Gary, Indiana, well-suited for a restaurant, lounge, or retail concept. The ±1,776 square foot brick building sits on a 0.23-acre parcel and offers a functional, flexible layout that can accommodate a variety of uses. The property underwent a full renovation in 2023, significantly improving its condition and usability. The building features durable construction, updated systems, and a layout conducive to both dine-in and service-oriented operations. Exterior enhancements include a newly installed aluminum fence and a concrete patio area, creating additional outdoor space for customer seating or operational use. The site benefits from paved access, sidewalk frontage, and full utility service, along with on-site parking and circulation. Previously operated as a neighborhood bar, the property provides a strong foundation for an operator to reopen a similar concept or reposition the space for a new business. Offered for lease at $2,500 per month (approximately $16.90/SF/year), this property represents a turnkey opportunity with recent capital improvements already completed and strong potential for a variety of commercial uses.

Property Facts

Total Space Available 1,776 SF
Property Type Sports & Entertainment
Building Size 1,563 SF
Year Built/Renovated 1948/2023
Fairly walkable
50/100
Exceptionally drivable
90/100
Fairly bikeable
40/100
  • Listing ID: 39838609

  • Date on Market: 2026-03-19

  • Last Updated:

  • Address: 939 21st ave, Gary, IN 46407

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