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    Merrillville, IN
    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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    M1-Zoned Flex Industrial Building
    Updated: Jun 22
    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 M1‑zoned flex industrial building built in 1976
    Situated on 1.82 acres in Merrillville’s established industrial corridor (Lake County)
    M1 zoning supports light industrial uses such as warehousing, distribution, contractor operations, and light manufacturing
    Building is available for an owner‑user/operator to take occupancy and configure the space
    Building‑to‑land ratio leaves room to evaluate outdoor storage, yard space, or additional parking
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    Flex Space with Full Basement
    Flex Space with Full Basement

    2530 West 11th Avenue, Gary, IN 46404

    Contact for pricing
    8,608 sqft

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

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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.

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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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    Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 4 Active listings in Merrillville, 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.

    Multi-Tenant Flex Building
    Multi-Tenant Flex Building

    5830 Us Highway 6, Portage, IN 46368

    $670,000
    10,358 sqft 0.60 AC lot

    Four-unit flex building with office areas, storage, overhead doors, and shared utility space.

    View details
    Multi-Tenant Flex Space
    Multi-Tenant Flex Space

    5830 Us Highway 6, Portage, IN 46368

    $670,000
    10,358 sqft

    Four-unit commercial property with office areas, overhead doors, storage, and shared utility space.

    View details
    Indoor Business Park Flex Space
    Indoor Business Park Flex Space

    1650 W 45th St, Munster, IN 46321

    $2,450,000
    22,125 sqft

    Single-level flex setup with abundant parking and accessible rear entry for office and specialized retail use.

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    Built-Out Flex Space with Warehouse
    Built-Out Flex Space with Warehouse

    9404 Margo Lane, Munster, IN 46321

    $3,200,000
    2.33 AC lot

    The property combines furnished office areas with shipping, warehouse, and storage functions.

    View details

    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
    1.10 AC lot

    1.1 acre industrial land for sale in Orland Park.

    View details
    Orland Park Commercial Parcel
    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.

    View details

    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:
    No data
    9,672 sqft
    View details
    5210 81St Ave
    Flex space

    5210 81St Ave, Merrillville, IN 46410

    Estimated value:
    No data
    11,704 sqft
    View details

    Merrillville, IN Flex Space Market Trends and Statistics

    Explore 6 flex space for sale in Merrillville, IN, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 50,168 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 8
    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)

    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 Merrillville, IN

    • 46410
    • 46404
    • 46407

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