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Gary, IN Commercial Land for Sale

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Transit-Oriented Commercial Land
Updated: Jan 18
Transit-Oriented Commercial Land

614 S Lake Street, Gary, IN 46403

$210,400
5,600 sqft 0.07 AC lot
0.074‑acre commercial land parcel with 5,600 square feet
Located within a Transit‑Oriented Development (TOD) Zone
614 S Lake Street, Gary, IN 46403
Water available with public water and public sewer
Near the South Shore Line Train Station
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M-1 Automotive Property
Updated: Jul 6
M-1 Automotive Property

2450 W Ridge Road, Gary, IN 46408

$189,900
500 sqft 0.47 AC lot
0.47‑acre property comprising 8 city lots
500‑square‑foot building with forced‑air heating
M‑1 Light Manufacturing zoning
Former auto sales operation averaged 20–25 vehicle sales per month
Storage container and office furniture included
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Commercial Land Near Transit
Commercial Land Near Transit

5601 Melton Road, Gary, IN 46403

$189,000
2.67 AC lot

Vacant commercial parcel with US 20 frontage, public water, and commercial and residential surroundings.

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Transit-Oriented Commercial Land
Transit-Oriented Commercial Land

614 S Lake St, Gary, IN 46403

$210,400
5,600 sqft

Commercial land in a TOD Zone near the South Shore Line station and Miller Beach Business District.

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Corner Commercial Land
Corner Commercial Land

7900 Grant Street, Merrillville, IN 46410

$459,900
2.26 AC lot

C-3-zoned commercial land with water available and access to established office and senior-living surroundings.

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B-3 Zoned Commercial Land
B-3 Zoned Commercial Land

3433-39 Grant Street, Gary, IN 46408

$480,000
0.62 AC lot

Commercial site with public water, public sewer, and natural gas availability for future redevelopment.

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Commercial Land Development Parcel
Commercial Land Development Parcel

555 E 84th Drive, Merrillville, IN 46410

$375,000
2.84 AC lot

Wooded commercial parcel with public water and sewer service available.

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Commercial Land
Commercial Land

2060 81st Ave, Merrillville, IN 46410

$495,000
2,308 sqft

Site positioned along U.S. 30 at 2060 81st Ave for commercial development.

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Commercial Land with Billboard Income
Commercial Land with Billboard Income

1190 E 23rd Court, Lake Station, IN 46405

$199,900
18.00 AC lot

Commercial land with two leased billboards and public water service.

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Commercial Land Near Train Station
Commercial Land Near Train Station

800 Gibson Street, Gary, IN 46403

$237,500
1.33 AC lot

Parcel offers public water and sewer service with direct placement along U.S. Routes 12 and 20.

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6.23 Acres Visible Land
6.23 Acres Visible Land

8400 Georgia Street, Merrillville, IN 46410

$650,000
6.23 AC lot

Highly visible 6.23 acres of land for sale.

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Commercial Land Near Train Station
Commercial Land Near Train Station

800 Gibson Street, Gary, IN 46403

$237,500
1.33 AC lot

Commercial site with public water and sewer access near a train station.

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Corner Commercial Lot
Corner Commercial Lot

1232-38 Grant Street, Gary, IN 46404

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0.18 AC lot

Corner commercial parcel with water available and Grant Street frontage.

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Merrillville Development Site For Sale
Merrillville Development Site For Sale

555 East 84th Drive, Merrillville, IN 46410

$375,000
123,710 sqft 2.84 AC lot

2.84 acre development site near U.S. 30 and Broadway.

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Commercial Lot in Gary, Indiana
Commercial Lot in Gary, Indiana

1232-38 Grant Street, Gary, IN 46404

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0.18 AC lot

Commercial corner lot in Gary, Indiana, near I-80/94.

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Commercial Land with Highway Frontage
Commercial Land with Highway Frontage

5103 E Lincoln, Merrillville, IN 46410

$749,900
5.15 AC lot

Planned B3 zoning permits office, retail, recreation, and automotive-oriented uses with utilities already serving the site.

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Commercial Land for Self-Storage Development
Commercial Land for Self-Storage Development

4610 W Ridge Rd, Gary, IN 46408

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81,585 sqft

Ground-up project with a proposed climate-controlled-focused unit mix in the Northwest Indiana market.

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C2 Commercial Land
C2 Commercial Land

0-Lot 11 Grant Street, Merrillville, IN 46410

$89,900
1.50 AC lot

C2-zoned parcel with public water and sewer service and utility tie-in availability.

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Restaurant Pad Ready For Development
Restaurant Pad Ready For Development

6201 Opportunity Ln, Merrillville, IN 46410

$350,000
1.00 AC lot

Improved restaurant pad near I-65, ideal for highway restaurant.

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C2 Commercial Land
C2 Commercial Land

0-Lot 12 Grant Street, Merrillville, IN 46410

$79,900
1.50 AC lot

C2-zoned commercial land with public water, public sewer, and cable availability for site utility connections.

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Signalized Corner Development Pad
Signalized Corner Development Pad

1080 Broadway, Gary, IN 46402

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39,587 sqft 0.91 AC lot

Vacant commercial parcel with monument sign and confirmed city utilities at a lighted intersection in downtown Gary.

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B-3 Zoned Commercial Development Site
B-3 Zoned Commercial Development Site

3433-39 Grant Street, Gary, IN 46408

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0.62 AC lot

B-3 zoned site along Grant Street in Gary with utilities available and prior car dealership and restaurant improvements.

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Commercial Land with Private Curb Cut
Commercial Land with Private Curb Cut

5555 W Ridge Rd, Gary, IN 46408

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1.00 AC lot

Site supports a QSR or retail user and includes dedicated private access with a turn lane.

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Highly Visible Highway Commercial Land
Highly Visible Highway Commercial Land

8400 Ohio Street, Merrillville, IN 46410

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1.75 AC lot

Approximately 1.75 acres of Highway Commercial-zoned land with direct visibility from I-65 and utility access to the site.

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Gary, IN Commercial Land Market Trends and Statistics

Explore 72 commercial land for sale in Gary, IN, showcased through 72 active listings on our real estate platform. These investment opportunities span a total of 8,254,069 square feet of properties for sale, with an estimated market value of $6,252,900.

Sale prices for commercial lots in Gary, IN start at $40,000, averaging $271,865, and reaching up to $749,900 — 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

Residential land & home lots 167
Commercial land 83
Industrial land 22
Waterfront Land 18
Agricultural land / Farmland 2

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 $40K
46408 $202.5K
46403 $217K

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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