Gary, IN Auto Shops for Sale

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Updated: Jul 6

Mechanic Shop with Vehicle Lifts

2400 W Ridge Road, Gary, IN 46408

$440,000

5,832 sqft 0.32 AC lot

5,000+ sq. ft. commercial building at 2400 W. Ridge Road in Gary, IN
Mechanic’s shop setup includes 3 vehicle lifts and expansive open work areas
New roof with new sheeting plus updated electrical panels
Includes office space, dedicated tool room, parts storage, and massive industrial shelving
Yard space for vehicle storage, equipment, outdoor inventory, or additional parking (private yard)

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This listing looks promising.

Here's a quick look at some key insights for

2400 W Ridge Road, Gary, IN 46408

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Est. Cap Rate

7.7%
Above avg (5.9%)
Est. NOI

$34K
Annual
Price @ 7% Cap

$483K
Above asking
Last Sold

May 2020
$58K
Property Type

Commercial (General)
Built 1949

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Updated: Jul 6

Automotive Service Building

2563 W 11th Avenue, Gary, IN 46404

$350,000

7,200 sqft 0.29 AC lot

7,000+ sq. ft. commercial building in a B‑2 Business District
Former automotive facility with 7 service bays and an automotive lift
Large paved rear lot with additional parking and easy access through multiple overhead doors
Office area includes 5 private offices, reception space, and restroom facilities
Ample space for vehicle storage, equipment, inventory, or production use

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Automotive Shop with Five Bays

2000 W Ridge Road, Gary, IN 46408

$189,900

3,088 sqft 0.24 AC lot

Automotive shop with five bays, office and waiting area, plus two restrooms, offered with an adjacent lot.

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Mechanic Shop with Paint Booth

1134 Virginia Street, Gary, IN 46407

$195,000

4,560 sqft 0.17 AC lot

Auto repair setup with office space and installed car lifts, suited for industrial automotive uses.

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Prime Commercial Corner Lot

7900 Grant Street, Merrillville, IN 46410

$459,900

2.26 AC lot

2.2-acre corner lot zoned C-3 in Merrillville, Indiana.

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Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 5 Active listings in Gary, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 67 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Automotive Dealership with Parking Lot

7340 Calumet Avenue, Hammond, IN 46324

$310,000

870 sqft 0.14 AC lot

Currently operating as a used car dealership with redecorated customer areas and on-site parking on Calumet Avenue.

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Industrial Facility Near I-80/94

17620 Chicago Avenue, Lansing, IL 60438

$1,800,000

5,575 sqft 0.70 AC lot

Well-maintained industrial building with high visibility and convenient transportation access.

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Lansing Commercial Property For Sale

17809 Torrence Avenue, Lansing, IL 60438

$355,000

0.14 AC lot

Commercial property in Lansing, Illinois, suitable for a mechanic workshop.

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Hammond Industrial Building on Large Site

3002 Sheffield Ave, Hammond, IN

Contact for pricing

3,072 sqft 4.60 AC lot

3,072 SF industrial building on 2.6 acre site.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Bridgeview Industrial Lot For Sale

9901 S 76th Avenue, Bridgeview, IL 60455

$4,000,000

4.20 AC lot

4.2 acre industrial lot in prime Bridgeview location.

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Kankakee Redevelopment Opportunity

590 S Washington Avenue, Kankakee, IL 60901

$125,000

1,100 sqft 0.30 AC lot

Former gas station/convenience store ideal for redevelopment.

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Oswego, IL Land For Sale

94 Templeton Drive, Oswego, IL 60543

$295,000

1.19 AC lot

1.19 acre industrial land available in Oswego, Illinois.

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Commercial Property in Wonder Lake

7312 Hancock Drive, Wonder Lake, IL 60097

$300,000

0.31 AC lot

Commercial property available in Wonder Lake, Illinois.

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Off-Market Properties in Gary, IN

Consider similar Off-Market properties in Gary, IN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

AUTO REPAIR, GARAGE

1794 Lincoln Hwy, Merrillville, IN 46410

$990,000

Estimated value

17,292 sqft 3.06 AC lot

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AUTO REPAIR, GARAGE

5960 Broadway, Merrillville, IN 46410-2618

Value Estimation by Request

2,618 sqft 0.49 AC lot

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AUTO REPAIR, GARAGE

4495 Cleveland St, Gary, IN 46408-3113

Value Estimation by Request

2,426 sqft 0.36 AC lot

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AUTO REPAIR, GARAGE

2318 Central Ave, Lake Station, IN 46405-2120

Value Estimation by Request

5,040 sqft 0.51 AC lot

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AUTO REPAIR, GARAGE

8220 Melton Rd, Gary, IN 46403-3118

$830,000

Estimated value

12,800 sqft 2.72 AC lot

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AUTO REPAIR, GARAGE

3901 11th Ave, Gary, IN 46404-1705

Unit 39

Value Estimation by Request

2,832 sqft 0.36 AC lot

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AUTO REPAIR, GARAGE

300 25th Ave, Gary, IN 46407-3512

Unit 20

Value Estimation by Request

1,885 sqft 0.29 AC lot

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AUTO REPAIR, GARAGE

333 Blaine St, Gary, IN 46406-1249

$660,000

Estimated value

13,400 sqft 5.15 AC lot

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AUTO REPAIR, GARAGE

940 Grant St, Gary, IN 46404-1544

Value Estimation by Request

4,500 sqft 2.07 AC lot

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AUTO REPAIR, GARAGE

4705 Cleveland St, Gary, IN 46408

Value Estimation by Request

1,334 sqft 0.26 AC lot

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AUTO REPAIR, GARAGE

3865 Georgia St, Gary, IN 46409-1606

Unit 75

Value Estimation by Request

4,100 sqft 0.23 AC lot

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AUTO REPAIR, GARAGE

5135 Rdg Rd, Gary, IN 46408-1325

Value Estimation by Request

3,300 sqft 0.25 AC lot

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AUTO REPAIR, GARAGE

2160 10th Ave, Gary, IN 46404-2356

$525,000

Estimated value

17,850 sqft 2.16 AC lot

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AUTO REPAIR, GARAGE

6349 Broadway, Merrillville, IN 46410-3005

$1,050,000

Estimated value

11,519 sqft 3.54 AC lot

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AUTO REPAIR, GARAGE

501 Central Ave, Lake Station, IN 46405-1410

Value Estimation by Request

1,216 sqft 0.18 AC lot

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AUTO REPAIR, GARAGE

22 20th Pl, Gary, IN 46407

Value Estimation by Request

5,208 sqft 0.12 AC lot

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AUTO REPAIR, GARAGE

26 Lincoln Hwy, Merrillville, IN 46410-5484

Value Estimation by Request

12,066 sqft 0.78 AC lot

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AUTO REPAIR, GARAGE

1710 81st Ave, Merrillville, IN 46410-5349

$1,870,000

Estimated value

20,142 sqft 2.34 AC lot

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AUTO REPAIR, GARAGE

2559 Clay St, Lake Station, IN 46405-1448

Value Estimation by Request

2,470 sqft 0.57 AC lot

View details

Gary, IN Auto Shops Market Trends and Statistics

Explore 72 auto shops for sale in Gary, IN, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 20,680 square feet of properties for sale, with an estimated market value of $1,174,900.

Sale prices for auto repair shops in Gary, IN start at $189,900, averaging $293,725, and reaching up to $440,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 124K

Population Growth (5Y) -7.7%

Median Household Income $47,747

College Educated 15.8%

High-Yield Neighborhoods for Investment

Identify Gary submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
46407	$195K
46406	$560K

Taxes & Financing

Tax Rate (average for all types) 7.93%

Property Tax per SF $79.79 per SF

Tax Rate vs County Average 6.93 pp above county avg

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Lake County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Lake County

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Gary, IN Auto Shops for Sale

2400 W Ridge Road, Gary, IN 46408

2563 W 11th Avenue, Gary, IN 46404

2000 W Ridge Road, Gary, IN 46408

1134 Virginia Street, Gary, IN 46407

7900 Grant Street, Merrillville, IN 46410

Opportunities in Nearby Cities

7340 Calumet Avenue, Hammond, IN 46324

17620 Chicago Avenue, Lansing, IL 60438

17809 Torrence Avenue, Lansing, IL 60438

3002 Sheffield Ave, Hammond, IN

Potential Development Sites for Consideration

9901 S 76th Avenue, Bridgeview, IL 60455

590 S Washington Avenue, Kankakee, IL 60901

94 Templeton Drive, Oswego, IL 60543

7312 Hancock Drive, Wonder Lake, IL 60097

Off-Market Properties in Gary, IN

1794 Lincoln Hwy, Merrillville, IN 46410

5960 Broadway, Merrillville, IN 46410-2618

4495 Cleveland St, Gary, IN 46408-3113

2318 Central Ave, Lake Station, IN 46405-2120

8220 Melton Rd, Gary, IN 46403-3118

3901 11th Ave, Gary, IN 46404-1705

300 25th Ave, Gary, IN 46407-3512

333 Blaine St, Gary, IN 46406-1249

940 Grant St, Gary, IN 46404-1544

4705 Cleveland St, Gary, IN 46408

3865 Georgia St, Gary, IN 46409-1606

5135 Rdg Rd, Gary, IN 46408-1325

2160 10th Ave, Gary, IN 46404-2356

6349 Broadway, Merrillville, IN 46410-3005

501 Central Ave, Lake Station, IN 46405-1410

22 20th Pl, Gary, IN 46407

26 Lincoln Hwy, Merrillville, IN 46410-5484

1710 81st Ave, Merrillville, IN 46410-5349

2559 Clay St, Lake Station, IN 46405-1448

Gary, IN Auto Shops Market Trends and Statistics

Top Commercial Asset Segments

Demographics Overview

High-Yield Neighborhoods for Investment

Taxes & Financing

Listings Trend

Total CRE Inventory on Market (SF)

Average Property Price per SF

Retail

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