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    Gary, IN Commercial Real Estate for Sale

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    Remodeled End-Unit Office Suite
    Updated: Aug 17
    Remodeled End-Unit Office Suite

    260 E 90th Drive, Merrillville, IN 46410

    $459,900
    2,892 sqft 27,021.00 AC lot
    2,892‑square‑foot office unit at 260 E 90th Drive, Merrillville, IN 46410
    Eight private offices, oversized conference room, two updated restrooms, and employee break room
    End‑unit layout with windows in every office and new window shades
    Recent flooring, LED lighting, interior paint, solid oak doors, and oak baseboards
    Two furnaces, two air‑conditioning units, and water heater
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    This listing looks promising.

    Here's a quick look at some key insights for

    260 E 90th Drive, Merrillville, IN 46410

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    • Est. Cap Rate

      8%
      Above avg (5.9%)

    • Est. NOI

      $37K
      Annual

    • Mortgage

      $319K
      Apr 2023

    • Property Type

      Commercial Office (General)
      Built 1989
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    Auto Shop Building with 7 Service Bays
    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 with Vehicle Lifts
    Auto Shop with Vehicle Lifts

    2400 W Ridge Road, Gary, IN 46408

    $440,000
    5,832 sqft 0.32 AC lot

    M-1 Light Manufacturing zoning supports the existing automotive service configuration and related commercial operations.

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    Auto Shop Building with Five Bays
    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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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Retail Strip Center with Drive-Thru
    Retail Strip Center with Drive-Thru

    399 E 81st Ave, Merrillville, IN 46410

    $6,270,000
    18,215 sqft 1.64 AC lot

    Fee-simple retail strip center anchored by Panera Bread with a dedicated drive-thru at a high-traffic intersection.

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    Tenant-Occupied Storefront Building
    Tenant-Occupied Storefront Building

    4007 Broadway, Gary, IN 46409

    $175,000
    2,160 sqft 0.17 AC lot

    Leased commercial storefront with off-street parking, public utilities, and a Broadway address in Gary.

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    Leased Mixed-Use Property
    Leased Mixed-Use Property

    2800 Dekalb Street, Lake Station, IN 46405

    $550,000
    1,005 sqft 0.16 AC lot

    Lower-level commercial space and upstairs residences create a blended-use income property.

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    Medical Office Condos
    Medical Office Condos

    270-280 E 90th Dr, Merrillville, IN 46410

    $1,490,000
    10,000 sqft

    Three medical office condos are available in a 1989 C3-zoned building with flexible layouts and ample parking.

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    School Property with Outbuilding
    School Property with Outbuilding

    2460 Vermillion Street, Lake Station, IN 46405

    $995,000
    37,624 sqft 4.44 AC lot

    Single-story school facility with a separate outbuilding and public utilities.

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    Mechanic Shop with Paint Booth
    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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    Auto Shop with Vehicle Storage Yard
    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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    Lakefront Retail Development Parcel
    Lakefront Retail Development Parcel

    614 S Lake Street, Gary, IN 46403

    $210,400
    5,600 sqft 0.07 AC lot

    Commercial land parcel for sale in Miller Beach with area details including lot size and square footage.

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    Warehouse Buildings with Outdoor Storage
    Warehouse Buildings with Outdoor Storage

    3777 Vermont, Gary, IN 46409

    $350,000
    4,226 sqft 0.48 AC lot

    The property includes M1-2 Light Industrial zoning and two freestanding buildings.

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    Former Surgical Center with Procedure Room
    Former Surgical Center with Procedure Room

    90-100 West 86th Avenue, Merrillville, IN 46410

    $2,200,000
    4,088 sqft

    Former surgical center offering dedicated reception, offices, and a procedure room with drive-through discharge access.

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    M-1 Light Manufacturing Industrial Land
    M-1 Light Manufacturing Industrial Land

    2450 W Ridge Road, Gary, IN 46408

    $189,900
    500 sqft 0.47 AC lot

    M-1 light manufacturing zoned industrial land with public water available and multiple parking options.

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    Heated Flex Space With Office
    Heated Flex Space With Office

    8213 Clay Street, Merrillville, IN 46410

    $239,900
    1,550 sqft 0.46 AC lot

    Two-building commercial property combines renovated office finishes with a climate-controlled garage and B-3 zoning.

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    Automotive Shop with Office
    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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    Pub with Bonus Owner Apartment
    Pub with Bonus Owner Apartment

    2808 Dekalb Street, Lake Station, IN 46405

    $200,000
    3,894 sqft 0.22 AC lot

    Turn-key pub with liquor, gaming, and tobacco licenses, plus a bonus 1-bedroom owner apartment and off-street parking.

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    Broadway Storefront Commercial Building
    Broadway Storefront Commercial Building

    4007 Broadway, Gary, IN 46409

    $175,000
    2,160 sqft 7,300.00 AC lot

    1920s-era commercial building on Broadway with storefront configuration and zoning for commercial uses.

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    Bar and Tavern with Patio
    Bar and Tavern with Patio

    4489 Broadway, Gary, IN 46409

    $205,000
    1,270 sqft 0.13 AC lot

    Turn-key tavern built in 1930 on a 0.13-acre lot with a patio, seating for about 50, and 20 onsite parking spaces.

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    Automotive Service Building
    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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    Two-Story Mixed-Use Property
    Two-Story Mixed-Use Property

    2439 W 15th Avenue, Gary, IN 46404

    $225,000
    3,387 sqft 0.07 AC lot

    Commercial restaurant and bar space occupies the ground floor, with a separate residential unit above.

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    Dollar General NNN Investment
    Dollar General NNN Investment

    9269 West Taft Street, Merrillville, IN 46410

    Contact for pricing
    9,014 sqft

    For sale NN Dollar General investment with a specialty NNN structure and corporate-backed tenant in Merrillville, Indiana.

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    Open-Plan Flex Space
    Open-Plan Flex Space

    2535 Garfield Street, Gary, IN 46404

    $650,000
    9,360 sqft 1.13 AC lot

    Adaptable commercial building with high ceilings and a private yard.

    View details

    Gary, IN Commercial Real Estate Market Trends and Statistics

    Explore 165 commercial real estate for sale in Gary, IN, showcased through 165 active listings on our real estate platform. These investment opportunities span a total of 1,448,064 square feet of properties for sale, with an estimated market value of $25,690,800.

    Sale prices for business properties in Gary, IN start at $35,000, averaging $467,105, and reaching up to $6,270,000 — 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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    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
    Gary $167.2K
    Merrillville $1.4M

    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

    Office

    Property Size Breakdown

    The majority of commercial real estate listings in Gary fall within the 50,000 to 100,000 square foot range.

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    Most Searched ZIP Codes in Gary, IN

    • 46410
    • 46405
    • 46408
    • 46404
    • 46403
    • 46406
    • 46409
    • 46402
    • 46407

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