Gary, IN Flex Space for Sale

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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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Updated: Feb 19

Auto Shop with Paint Booth

1134 Virginia Street, Gary, IN 46407

$195,000

4,560 sqft 0.17 AC lot

4,560‑square‑foot automotive facility
Currently operating as a mechanic shop
Paint booth and car lifts already installed
Office area and functional workspace
Industrial zoning

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M1-Zoned Flex Industrial Building

8474 South Colorado Street, Merrillville, IN 46410

Contact for pricing

37,000 sqft 1.82 AC lot

Vacant 37,000 SF flex industrial building on 1.82 acres, suited for owner-users or light industrial conversions.

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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.

Cap Rate available after sign in

NOI available after sign in

Local Demand available after sign in

Flex Building with Warehouse Overhead Door

5445-49 Broadway, Merrillville, IN 46410

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9,000 sqft

Brick flex building includes heated warehouse space, air-conditioned retail and office areas, and ample on-site parking.

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Flex Space with Full Basement

2530 West 11th Avenue, Gary, IN 46404

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8,608 sqft

Open commercial configuration with an unfinished lower level supporting adaptable office, retail, community, or flex planning.

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Church Facility with Expansion Space

2524-34 W 11th Avenue, Gary, IN 46404

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Main-level space is paired with an unfinished basement for storage, expansion, or future build-out.

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

Two-Bay Auto Shop with Lift

2700 W Ridge Rd, Gary, IN 46408

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Heated floors, an office, and a bathroom support automotive operations.

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Land with Approved Development Plans

3800 W 87th Ave, Merrillville, IN 46410

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Land with approvals for residential, storage, and flex warehouse units.

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Based on your search, we've compiled 16 Potential Opportunities for your consideration. Besides 8 Active listings in Gary, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads, plus 2 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.

Manufacturing Building with Loft

6730 Columbia Ave, Hammond, IN 46324

$285,000

5,700 sqft

C-1-zoned facility with a new roof and flexible interior configuration.

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Four-Unit Retail/Industrial Building

7235-7241 Calumet Ave, Hammond, IN 46324

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8,906 sqft

Four-unit property with two leased retail spaces and two light industrial units plus four garages and onsite parking.

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Flex Space with Pole Barns

1365 S Lake Park Ave, Hobart, IN 46342

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3,000 sqft 1.66 AC lot

Finish-ready commercial building with two electric pole barns, parking, and multiple potential commercial configurations.

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Warehouse with Office and Pole Barn

4728 W 61st Ave, Hobart, IN 46342

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Includes a partially heated pole barn, a 3,300 SF office building, and 165’ frontage on 61st Ave.

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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.

Orland Park Industrial Land Available

15459 S 70th Court, Orland Park, IL 60462

$449,900

1.10 AC lot

1.1 acre industrial land for sale in Orland Park.

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Orland Park Commercial Parcel

15459 S 70th Court, Orland Park, IL 60462

$449,900

1.10 AC lot

1.01-acre commercial parcel in Orland Park's Business District.

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Off-Market Properties in Gary, IN

Consider similar Off-Market properties in Gary, 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.

Distribution properties

3427 83Rd Pl, Merrillville, IN 46410

Value Estimation by Request

9,672 sqft

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Flex space

5210 81St Ave, Merrillville, IN 46410

Value Estimation by Request

11,704 sqft

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Gary, IN Flex Space Market Trends and Statistics

Explore 10 flex space for sale in Gary, IN, showcased through 8 active listings on our real estate platform. These investment opportunities span a total of 66,368 square feet of properties for sale, with an estimated market value of $545,000.

Sale prices for business spaces in Gary, IN start at $195,000, averaging $272,500, and reaching up to $350,000 — 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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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

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	$195K
46404	$550K

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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