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    Lake Station, IN

    Lake Station, IN Commercial Real Estate for Sale

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    133 properties
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    Flex Building With Service Bays
    Updated: Jul 6
    Flex Building With Service Bays

    2563 W 11th Avenue, Gary, IN 46404

    $350,000
    7,200 sqft 0.29 AC lot
    7,200‑square‑foot flex building on a 0.287‑acre site
    7 service bays with an automotive lift
    5 private offices plus reception and restroom areas
    Large paved rear lot with multiple overhead doors
    B‑2 Business District zoning
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    Remodeled End-Unit Office
    Updated: Aug 17
    Remodeled End-Unit Office

    260 E 90th Drive, Merrillville, IN 46410

    $459,900
    2,892 sqft 27,021.00 AC lot
    Eight private offices, an oversized conference room, two updated restrooms, and an employee break room
    End‑unit configuration with windows in every office and new window shades throughout
    Recent improvements include flooring, LED lighting, paint, solid oak doors, HVAC equipment, and a water heater
    Located between I‑65 and US 30, just off Broadway
    Adjacent to a hospital, emergency room, medical offices, and established law firms
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    Five-Bay Automotive Shop
    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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    See what stands out in Lake County

    We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

    We check every listing here. A few are worth a second look.

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    Retail Strip Center with Drive-Thru
    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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    Fitness Center with Detached Training Garage
    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
    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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    Leased Storefront Property
    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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    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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    School Building With Outbuilding
    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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    Auto Shop with Paint Booth
    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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    Corner Shopping Center with Restaurant Space
    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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    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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    Transit-Oriented Commercial Land
    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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    Walgreens Absolute NNN Property
    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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    Two-Building Warehouse Property
    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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    Harley-Davidson-Themed Tavern
    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
    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
    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
    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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    Neighborhood Pub with Owner Apartment
    Neighborhood Pub with Owner Apartment

    2808 Dekalb Street, Lake Station, IN 46405

    $200,000
    3,894 sqft 0.22 AC lot

    Licensed food-and-beverage operation with gaming, tobacco, and a one-bedroom residential component.

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    Two-Building Industrial Warehouse
    Two-Building Industrial Warehouse

    3777 Vermont, Gary, IN 46409

    $350,000
    4,226 sqft

    M1-2 property with warehouse space, outdoor storage, and access for trucks and heavy equipment.

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    Freestanding Storefront Property
    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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    Automotive Shop with Paint Booth
    Automotive Shop with Paint Booth

    1134 Virginia St, Gary, IN 46407

    $195,000
    4,560 sqft

    Industrial-zoned facility with an office, dedicated work area, and installed automotive equipment.

    View details
    Storefront Property Near Transit
    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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    Lake Station, IN Commercial Real Estate Market Trends and Statistics

    Explore 133 commercial real estate for sale in Lake Station, IN, showcased through 133 active listings on our real estate platform. These investment opportunities span a total of 1,091,759 square feet of properties for sale, with an estimated market value of $39,490,090.

    Sale prices for business properties in Lake Station, IN start at $35,000, averaging $475,784, 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.

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    Demographics Overview

    Population 12K
    Population Growth (5Y) +0.5%
    Median Household Income $57,005
    College Educated 13.0%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    46405 $415.4K

    Taxes & Financing

    Tax Rate (average for all types) 4.46%
    Property Tax per SF $72.47 per SF
    Tax Rate vs County Average 1.39 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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    Most Searched ZIP Codes in Lake Station, IN

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

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