Flex Space

Merrillville, IN Flex Space for Sale

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Auto Shop with Paint Booth
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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Flex Space with Full Basement
Updated: Apr 25
Flex Space with Full Basement

2530 West 11th Avenue, Gary, IN 46404

Contact for pricing
8,608 sqft
8,608 SF commercial building
4,304 SF main level plus a full 4,304 SF unfinished basement
Open interior layout adaptable to office, retail, community, or flex use
B3‑1 zoning
Built in 1984
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Land with Approved Development Plans
Land with Approved Development Plans

3800 W 87th Ave, Merrillville, IN 46410

Contact for pricing

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

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See hot listings in Merrillville

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
Est. NOI available after sign in
Local Demand available after sign in
3 active listings match your search: Flex Space for sale in Merrillville, IN. Based on your search, we've also compiled 8 Potential Opportunities for your consideration: 4 properties in nearby cities, 2 off-market properties to explore as potential leads, and 2 land listings with development potential.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Mixed-Use Property with Workshop
Mixed-Use Property with Workshop

591 Burnham Ave, Calumet City, IL 60409

$165,000
0.34 acres  2-story  Built 1949

Main level includes private offices, support rooms, and reception space.

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Industrial Building with Overhead Cranes
Industrial Building with Overhead Cranes

850 165th Street, Hammond, IN 46324

Contact for pricing
32,398 sqft

Clean industrial building with drive-in doors, docks, cranes, and 16-foot clear height plus office and break-room space.

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Flex Space with Drive-In Door
Flex Space with Drive-In Door

140 State St, Calumet City, IL 60409

Contact for pricing
8,160 sqft  1 dock + 1 drive-in  400A  2,160 sqft office  6,000 sqft warehouse  1 building
Highway access  Road access

Combined office and warehouse improvements include loading access, suspended gas heat, and a 400 Amp electrical service.

Utilities to site  Conference room  Reception
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Four-Unit Retail/Industrial Building
Four-Unit Retail/Industrial Building

7235-7241 Calumet Ave, Hammond, IN 46324

Contact for pricing
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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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
Orland Park Industrial Land Available

15459 S 70th Court, Orland Park, IL 60462

$449,900
1.1 acres

1.1 acre industrial land for sale in Orland Park.

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Orland Park Commercial Parcel
Orland Park Commercial Parcel

15459 S 70th Court, Orland Park, IL 60462

$449,900
1.1 acres  Built 2025

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

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Off-Market Properties in Merrillville, IN

Consider similar Off-Market properties in Merrillville, 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.

3427 83Rd Pl
Distribution properties

3427 83Rd Pl, Merrillville, IN 46410

Estimated value: by Request
9,672 sqft
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5210 81St Ave
Flex space

5210 81St Ave, Merrillville, IN 46410

Estimated value: by Request
11,704 sqft
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Merrillville, IN Flex Space Market Trends and Statistics

Explore 5 flex space for sale in Merrillville, IN, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 13,168 square feet of properties for sale, with an estimated market value of $195,000.

Sale prices for business spaces in Merrillville, IN average $195,000 — 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

Flex space 7
Distribution centers 1
Truck terminals 1

Demographics Overview

Population 39K
Population Growth (5Y) +2.0%
Median Household Income $61,735
College Educated 16.4%

Taxes & Financing

Tax Rate (average for all types) 2.32%
Property Tax per SF $33.26 per SF
Tax Rate vs County Average 0.75 pp below 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)

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