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    Merrillville, IN Flex Space for Sale

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    Griffith, IN Hammond, IN Highland, IN
    Commercial Garage Near I-80/94
    $560,000
    5,262 SF
    Commercial Garage Near I-80/94

    2241 Hamlin Street, Gary, IN 46406

    3.41 acre site with 5,262 SF building near I-80/94.
    • 3.41 acre site suitable for development.
    • Excellent regional access: Just one mile to I‑80/94 interchange.
    • 5,262 SF metal building with 4,800 SF warehouse space.
    • Two drive‑in doors for easy vehicle access.
    • Proximity to Hard Rock Casino Northern Indiana (1.3 miles).
    Updated: Mar 6
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    M1-Zoned Flex Industrial Building
    $4,000,000
    37,000 SF
    M1-Zoned Flex Industrial Building

    8474 South Colorado Street, Merrillville, IN 46410

    Vacant 37,000 SF flex industrial building on 1.82 acres, suited for owner-users or light industrial conversions.
    • 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
    Updated: Jun 22
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    Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 2 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 4 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.

    Turn-Key Office and Warehouse Facility
    $3,200,000
    2.33 Acres
    Turn-Key Office and Warehouse Facility

    Completely built-out office and shipping warehouse with private offices, workstations, and on-site storage/garage space.

    9404 Margo Lane, Munster, IN 46321

    View details
    Versatile Industrial/Flex Space Building
    $625,000
    10,370 SF
    Versatile Industrial/Flex Space Building

    10,370 SF industrial/flex space, minutes from the expressway.

    6547 Kennedy Avenue, Hammond, IN 46323

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    Industrial/Flex Space Building For Sale
    $625,000
    10,370 SF
    Industrial/Flex Space Building For Sale

    10,370 SF industrial/flex space building, versatile C4 zoning.

    6541 Kennedy Ave, Hammond, IN

    View details
    Indoor Business Park Flex Space
    $2,450,000
    Indoor Business Park Flex Space

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

    1650 W 45th Street, Munster, IN 46321

    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
    $449,900
    1.10 Acres
    Orland Park Industrial Land Available

    1.1 acre industrial land for sale in Orland Park.

    15459 S 70th Court, Orland Park, IL 60462

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    Orland Park Commercial Parcel
    $449,900
    1.10 Acres
    Orland Park Commercial Parcel

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

    15459 S 70th Court, Orland Park, IL 60462

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    Ossian Industrial Land For Sale
    $203,500
    8.14 Acres
    Ossian Industrial Land For Sale

    8.14 acre industrial land within Ossian city limits.

    TBD 850 N, Ossian, IN 46777

    View details
    Battle Creek Commercial Opportunity
    $599,900
    10,756 SF
    Battle Creek Commercial Opportunity

    Commercial property on Michigan Ave with two metal buildings.

    750 Michigan Avenue, Battle Creek, MI 49037

    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
    9,672 SF
    Value Estimation by Request

    3427 83Rd Pl, Merrillville, IN 46410

    View details
    5210 81St Ave
    Flex space
    11,704 SF
    Value Estimation by Request

    5210 81St Ave, Merrillville, IN 46410

    View details

    Merrillville, IN Flex Space Market Trends and Statistics

    Explore 4 flex space for sale in Merrillville, IN on our real estate platform. These investment opportunities span a total of 42,262 square feet of properties for sale, with an estimated market value of $4,560,000.

    Sale prices for business spaces in Merrillville, IN start at $560,000, averaging $2,280,000, and reaching up to $4,000,000 — 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 9
    Distribution centers 2
    Manufacturing properties 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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