Gary, IN Automotive Properties 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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Automotive Shop with Office

2000 W Ridge Rd, Gary, IN 46408

$189,900

3,088 sqft

Mixed-use zoned automotive shop features five bays, office and waiting area, plus restrooms and an included 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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Automotive Service Building

2563 W 11th Avenue, Gary, IN 46404

Contact for pricing

7,000 sqft

Multi-bay automotive building includes service bays, an automotive lift, and multiple overhead doors with a paved rear lot.

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Lake Station Redevelopment Opportunity

4301 Central Ave, Lake Station, IN 46405

Contact for pricing

9,000 sqft

Former gas station with convenience store and car wash.

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Light Industrial Property with Multiple Lots

2450 W Ridge Road, Gary, IN 46408

Contact for pricing

8.00 AC lot

M-1 light manufacturing zoned site on eight city lots, including a storage container and office furniture.

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Convenience Store and Car Wash

3101 W 5th Avenue, Gary, IN 46406

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Recently renovated convenience store with Mobil gas station, upgraded car wash, and LED lighting, plus an attached empty land parcel.

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HVAC Workshop with Two Garage Doors

1500 Chase St, Gary, IN 46404

Contact for pricing

Owner-occupied HVAC workshop offers two garage doors with 12-foot clearance, plus front office and on-site storage.

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Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 11 Active listings in Gary, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 61 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.

Dual-Unit Auto Repair Facility

5843 U.s. 6, Portage, IN 46368

$1,600,000

7,374 sqft 1.86 AC lot

Turnkey auto repair facility on high-traffic corridor with equipment included.

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Auto Repair and Used Car Lot

6430 Calumet Avenue, Hammond, IN 46324

$348,700

1,128 sqft 0.14 AC lot

Property currently used for auto repair and a used car lot, with some equipment included.

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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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Turn-Key Full-Service Car Wash

5865 U.s. 6, Portage, IN 46368

Contact for pricing

Full-service carwash with recently updated equipment and strong highway frontage along US Highway 6.

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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.

Commercial Land Lot on Major Road

6520 W Lincoln Highway, Schererville, IN 46375

$350,000

2.29 AC lot

Build-ready commercial lot with 250+ feet of frontage on Route 30 and surveyed site for a straightforward development start.

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Land Near Hammond Landmarks

6850 Indianapolis Blvd, Hammond, IN 46324

$450,000

0.45 AC lot

0.45 acre land near YMCA, sports complex, Purdue campus.

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Prime Dyer Location Land

1451 Joliet Street, Dyer, IN 46311

$385,000

2.00 AC lot

High-visibility land in Dyer, suitable for various commercial uses.

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Vacant Land Ready For Development

21587 Lincoln Highway, Lynwood, IL 60411

$260,000

Cleared land zoned B-3 with multiple development opportunities.

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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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PARKING LOT

375 Brg St, Gary, IN 46404

Value Estimation by Request

0.21 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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VEHICLE SALES, RENTALS

1550 61st Ave, Merrillville, IN 46410-2762

$1,360,000

Estimated value

64,740 sqft 18.58 AC lot

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PARKING LOT

Sws W Cor, Gary, IN 46406

Value Estimation by Request

0.65 AC lot

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PARKING LOT

624 11th Ave, Gary, IN 46402

Value Estimation by Request

0.14 AC lot

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PARKING LOT

616 11th Ave, Gary, IN 46402

Value Estimation by Request

0.14 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

View details

Gary, IN Automotive Properties Market Trends and Statistics

Explore 72 automotive properties for sale in Gary, IN, showcased through 11 active listings on our real estate platform. These investment opportunities span a total of 39,768 square feet of properties for sale, with an estimated market value of $1,824,700.

Sale prices for automotive businesses in Gary, IN start at $189,900, averaging $304,116, and reaching up to $459,900 — 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
46408	$480K
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 Automotive Properties for Sale

2400 W Ridge Road, Gary, IN 46408

2563 W 11th Avenue, Gary, IN 46404

2000 W Ridge Road, Gary, IN 46408

2000 W Ridge Rd, Gary, IN 46408

1134 Virginia Street, Gary, IN 46407

7900 Grant Street, Merrillville, IN 46410

2563 W 11th Avenue, Gary, IN 46404

4301 Central Ave, Lake Station, IN 46405

2450 W Ridge Road, Gary, IN 46408

3101 W 5th Avenue, Gary, IN 46406

1500 Chase St, Gary, IN 46404

Opportunities in Nearby Cities

5843 U.s. 6, Portage, IN 46368

6430 Calumet Avenue, Hammond, IN 46324

7340 Calumet Avenue, Hammond, IN 46324

5865 U.s. 6, Portage, IN 46368

Potential Development Sites for Consideration

6520 W Lincoln Highway, Schererville, IN 46375

6850 Indianapolis Blvd, Hammond, IN 46324

1451 Joliet Street, Dyer, IN 46311

21587 Lincoln Highway, Lynwood, IL 60411

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

375 Brg St, Gary, IN 46404

2318 Central Ave, Lake Station, IN 46405-2120

8220 Melton Rd, Gary, IN 46403-3118

3901 11th Ave, Gary, IN 46404-1705

1550 61st Ave, Merrillville, IN 46410-2762

Sws W Cor, Gary, IN 46406

624 11th Ave, Gary, IN 46402

616 11th Ave, Gary, IN 46402

300 25th Ave, Gary, IN 46407-3512

333 Blaine St, Gary, IN 46406-1249

Gary, IN Automotive Properties 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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