Gary, IN Commercial Real Estate for Sale

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136 properties

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Updated: Sep 25

Two-Unit Professional Office Property

2636 & 2632 W 81st Avenue, Merrillville, IN 46410

$340,000

1,165 sqft 1.28 AC lot

Two adjoining office units with interior access
Reception areas, private offices, conference room, and administrative workspace
C‑2 Community Commercial District zoning
US Highway 30 corridor exposure; 45,000+ vehicles pass daily
Built in 1989; off‑street and driveway parking

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Updated: Sep 25

Office Suite with Three Private Offices

2632 W 81st Avenue, Merrillville, IN 46410

$170,000

1,165 sqft 1.28 AC lot

Three private offices and a reception area with an existing counter
Two full bathrooms and a separate mechanical and utility area
Built‑in shelving in one office; off‑street parking available
C‑2 zoning; condominium association handles exterior maintenance
Along US Highway 30, with a stated traffic count exceeding 45,000 vehicles per day

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Two-Building Warehouse Property

3777 Vermont, Gary, IN 46409

$350,000

4,226 sqft 0.48 AC lot

Two freestanding warehouses provide open layouts, concrete floors, high ceilings, racking, and outdoor storage space.

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Retail Strip Center with Drive-Thru

399 E 81st Ave, Merrillville, IN 46410

$6,059,000

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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Remodeled End-Unit Office

260 E 90th Drive, Merrillville, IN 46410

$459,900

2,892 sqft

Professional office unit with private rooms, conference space, updated restrooms, and a break area.

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Six-Unit Mixed-Use Property

4683 Broadway, Gary, IN 46409

$399,900

9,000 sqft 0.20 AC lot

Three street-level business spaces sit below three apartments, with a separately leased two-car garage on the property.

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Five-Bay Automotive Shop

2000 W Ridge Road, Gary, IN 46408

$189,900

3,088 sqft 0.24 AC lot

Mixed-use commercial property with automotive service bays, customer areas, office space, and two restrooms.

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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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Fitness Center with Detached Training Garage

2711 State Street, Lake Station, IN 46405

$299,000

3,717 sqft 1.01 AC lot

Multi-building facility includes training, locker, shower, kitchen, and reception areas.

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Mixed-Use Property with Leased Spaces

2800 Dekalb Street, Lake Station, IN 46405

$550,000

1,005 sqft 0.16 AC lot

Two-level configuration combines four occupied commercial spaces with three leased residential units.

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Corner Shopping Center with Restaurant Space

2101 Carolina St, Gary, IN 46407

$350,000

7,125 sqft

Multi-tenant corner center includes occupied grocery space and a restaurant area with commercial kitchen equipment.

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Leased Storefront Property

4007 Broadway, Gary, IN 46409

$175,000

2,160 sqft 0.17 AC lot

Tenant-occupied commercial building with off-street parking, public utilities, and a Broadway address in Gary’s Glen Park neighborhood.

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School Building With Outbuilding

2460 Vermillion Street, Lake Station, IN 46405

$995,000

37,624 sqft 4.44 AC lot

One-story school property with a separate outbuilding, public utilities, and an existing Boys and Girls Club tenant.

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Walgreens Absolute NNN Property

2500 Grant Street, Gary, IN 46404

$2,818,740

14,820 sqft

Walgreens property with tenant-funded taxes, insurance, maintenance, and structural repairs.

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Auto Shop with Paint Booth

1134 Virginia Street, Gary, IN 46407

$195,000

4,560 sqft 0.17 AC lot

Industrial-zoned facility with office space and automotive equipment in place.

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Transit-Oriented Commercial Land

614 S Lake Street, Gary, IN 46403

$210,400

5,600 sqft 0.07 AC lot

Commercial parcel with TOD zoning, public utilities, and access to alley and on-street parking.

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Medical Office Condos

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

$799,000

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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Harley-Davidson-Themed Tavern

4489 Broadway, Gary, IN 46409

$205,000

1,270 sqft 0.13 AC lot

Operating tavern with bar seating, patio space, a small kitchen, and public utilities.

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Light Industrial Property with Multiple Lots

2450 W Ridge Rd, Gary, IN 46408

$189,900

500 sqft 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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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 first floor, with a separate residential unit above.

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Bar with Owner Apartment

2808 Dekalb St, Lake Station, IN 46405

$200,000

3,894 sqft

Includes liquor, gaming, and tobacco licenses with kitchen equipment, furnishings, and a separate one-bedroom apartment.

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Freestanding Storefront Property

2553 W 11th Avenue, Gary, IN 46404

$59,000

800 sqft 0.14 AC lot

Compact commercial space with a private yard, forced-air heating, and off-street parking.

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Professional Office Suite

2632 W Lincoln Hwy, Merrillville, IN 46410

$170,000

1,165 sqft

A reception area, three private offices and two full bathrooms provide a functional setting for professional services.

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Storefront Property Near Transit

912-18 Aetna Street, Gary, IN 46403

$42,000

2,003 sqft 0.09 AC lot

Commercial space with on-street parking near the South Shore train station and Dunes Highway.

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Gary, IN Commercial Real Estate Market Trends and Statistics

Explore 136 commercial real estate for sale in Gary, IN, showcased through 136 active listings on our real estate platform. These investment opportunities span a total of 1,001,136 square feet of properties for sale, with an estimated market value of $39,225,990.

Sale prices for business properties in Gary, IN start at $35,000, averaging $472,602, and reaching up to $6,059,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Gary, IN CRE market trends — vacancy, lease rates and price per SF, updated monthly

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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
46402	$97.5K
46407	$127.9K
46403	$152.4K
46409	$156.3K
46404	$456.7K

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 Office pricing trends 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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