Merrillville, IN Automotive Properties for Sale

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Updated: Jul 6

Auto Shop with Private Yard

2400 W Ridge Road, Gary, IN 46408

$440,000

5,832 sqft 0.32 AC lot

5,832 SF auto shop building built in 1949
0.324‑acre lot with private yard
3 vehicle lifts for repair and service work
Updated electrical panels plus new roof with new sheeting
M‑1 Light Manufacturing zoning for light industrial and related uses

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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

Auto Shop Building with 7 Service Bays

2563 W 11th Avenue, Gary, IN 46404

$350,000

7,200 sqft 0.29 AC lot

7,200 SF auto shop building built in 1958
Seven service bays plus automotive lift
B‑2 Business District zoning
Office area with five private offices, reception, and restrooms
Large paved rear lot with additional parking and multiple overhead doors

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Auto Shop Building with Five Bays

2000 W Ridge Road, Gary, IN 46408

$189,900

3,088 sqft 0.24 AC lot

Auto shop building zoned mixed use with five automotive work bays, office and restrooms, plus an adjacent lot included.

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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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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center

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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Auto Shop with Vehicle Storage Yard

2400 W Ridge Rd, Gary, IN 46408

$440,000

5,832 sqft

M-1 Light Manufacturing zoning supports automotive, industrial, manufacturing, and service-related operations.

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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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Former Gas Station with Car Wash

4301 Central Ave, Lake Station, IN 46405

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9,000 sqft

Former Speedway gas station with a small freestanding car wash and B-2 community commercial zoning.

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Lake Station Redevelopment Opportunity

4301 Central Ave, Lake Station, IN 46405

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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

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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

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

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Lake Station Parking Lot

2626 Central Ave, Lake Station, IN 46405

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Parking lot replaced in 2022, three new HVAC units.

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Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 14 Active listings in Merrillville, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 58 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

Two separate commercial units offer an established repair operation and additional space for leasing or business expansion.

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Showroom Property with Off-Street Parking

7340 Calumet Avenue, Hammond, IN 46324

$310,000

870 sqft 0.14 AC lot

Showroom space currently operating as a used car dealership with off-street parking and recent exterior and HVAC improvements.

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Industrial

741 Hoffman St, Hammond, IN 46327

Contact for pricing

8,833 sqft 0.34 AC lot

Warehouses · 8,833 SF

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Automotive Repair and Service Facility

5851-5859 US Highway 6, Portage, IN 46368

Contact for pricing

Three automotive service businesses operate on one corner parcel with multiple bays and lifts, including a month-to-month leased garage.

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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 Merrillville, IN

Consider similar Off-Market properties in Merrillville, 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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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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CAR WASH

1700 81st Ave, Merrillville, IN 46410

Value Estimation by Request

6,638 sqft 1.04 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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PARKING LOT

6100 Mississippi St, Merrillville, IN 46410-3968

Value Estimation by Request

1.43 AC lot

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PARKING LOT

8000 Broadway, Merrillville, IN 46410-5525

Value Estimation by Request

0.99 AC lot

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PARKING LOT

8000 Broadway, Merrillville, IN 46410-5525

Value Estimation by Request

0.10 AC lot

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PARKING LOT

8000 Broadway, Merrillville, IN 46410-5525

Value Estimation by Request

0.10 AC lot

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PARKING LOT

8400 Georgia St, Merrillville, IN 46410

Value Estimation by Request

2.55 AC lot

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Merrillville, IN Automotive Properties Market Trends and Statistics

Explore 72 automotive properties for sale in Merrillville, IN, showcased through 14 active listings on our real estate platform. These investment opportunities span a total of 54,600 square feet of properties for sale, with an estimated market value of $2,264,700.

Sale prices for automotive businesses in Merrillville, IN start at $189,900, averaging $323,528, 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 39K

Population Growth (5Y) +2.0%

Median Household Income $61,735

College Educated 16.4%

High-Yield Neighborhoods for Investment

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

Neighborhood	Average Price
46410	$459.9K

Taxes & Financing

Tax Rate (average for all types) 2.32%

Property Tax per SF $33.26 per SF

Tax Rate vs County Average 0.75 pp below 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

Office

Property Size Breakdown

The majority of commercial real estate listings in Merrillville fall within the 10,000 to 25,000 square foot range.

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Merrillville, 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

2400 W Ridge Rd, Gary, IN 46408

2563 W 11th Avenue, Gary, IN 46404

4301 Central Ave, Lake Station, IN 46405

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

2626 Central Ave, Lake Station, IN 46405

Opportunities in Nearby Cities

5843 U.s. 6, Portage, IN 46368

7340 Calumet Avenue, Hammond, IN 46324

741 Hoffman St, Hammond, IN 46327

5851-5859 US Highway 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 Merrillville, IN

1794 Lincoln Hwy, Merrillville, IN 46410

5960 Broadway, Merrillville, IN 46410-2618

1550 61st Ave, Merrillville, IN 46410-2762

1700 81st Ave, Merrillville, IN 46410

6349 Broadway, Merrillville, IN 46410-3005

6100 Mississippi St, Merrillville, IN 46410-3968

8000 Broadway, Merrillville, IN 46410-5525

8000 Broadway, Merrillville, IN 46410-5525

8000 Broadway, Merrillville, IN 46410-5525

8400 Georgia St, Merrillville, IN 46410

Merrillville, 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

Office

Property Size Breakdown

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