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    Gary, IN
    Industrial

    Gary, IN Industrial Properties for Sale

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    Industrial Building with Showroom
    Updated: Apr 8
    Industrial Building with Showroom

    5200 Cleveland Street, Gary, IN 46410

    $1,400,000
    12,400 sqft 2.15 AC lot
    Excellent location near I‑80/94, US‑20, and I‑65 providing easy access throughout Northwest Indiana and the greater Chicagoland area.
    12,400 SF industrial building on a fully fenced 2.15‑acre lot, offering secure outdoor space.
    Includes a front showroom and office area with strong street visibility.
    Warehouse space with three 14’ drive‑in doors and 28’ peak ceiling height.
    Newer roof (approximately 5 years old) and brand‑new electronic sign.
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    This listing looks promising.

    Here's a quick look at some key insights for

    5200 Cleveland Street, Gary, IN 46410

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    • Est. Cap Rate

      8.5%
      Above avg (5.9%)

    • Est. NOI

      $119K
      Annual

    • Price @ 7% Cap

      $1.71M
      Above asking

    • Property Type

      Auto Repair, Garage
      Built 1969
    View Property Analytics
    Mechanic Shop with Vehicle Lifts
    Updated: Jul 6
    Mechanic Shop with Vehicle Lifts

    2400 W Ridge Road, Gary, IN 46408

    $440,000
    5,832 sqft 0.32 AC lot
    5,000+ sq. ft. commercial building at 2400 W. Ridge Road in Gary, IN
    Mechanic’s shop setup includes 3 vehicle lifts and expansive open work areas
    New roof with new sheeting plus updated electrical panels
    Includes office space, dedicated tool room, parts storage, and massive industrial shelving
    Yard space for vehicle storage, equipment, outdoor inventory, or additional parking (private yard)
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    Flex Office and Heated Garage
    Flex Office and Heated Garage

    8213 Clay Street, Merrillville, IN 46410

    $239,900
    1,550 sqft 0.46 AC lot

    Two-building setup with a renovated office and fully heated garage for storage, shipping, or fleet parking.

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    Flexible Warehouse and Flex Space
    Flexible Warehouse and Flex Space

    2535 Garfield Street, Gary, IN 46404

    $650,000
    9,360 sqft 1.13 AC lot

    Versatile 9,360 SF building with an open, adaptable layout for office, retail, warehouse, or service operations.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    M1-Zoned Flex Industrial Building
    M1-Zoned Flex Industrial Building

    8474 South Colorado Street, Merrillville, IN 46410

    $4,000,000
    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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    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 5 Active listings in Gary, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 67 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.

    All-Steel Industrial Building with Cranes
    All-Steel Industrial Building with Cranes

    1031 E Summit Street, Crown Point, IN 46307

    $1,200,000
    7,640 sqft 1.16 AC lot

    All-steel industrial facility in Crown Point with 20’ ceilings, LED lighting, and two overhead cranes plus a separate office building.

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    All-Steel Industrial Building with Office
    All-Steel Industrial Building with Office

    1031 E Summit St, Crown Point, IN 46307

    $1,200,000
    7,640 sqft 1.16 AC lot

    All-steel industrial building with 20' ceilings, overhead cranes, and separate office space for flexible industrial operations.

    View details
    Versatile Industrial/Flex Space Building
    Versatile Industrial/Flex Space Building

    6547 Kennedy Avenue, Hammond, IN 46323

    $625,000
    10,370 sqft

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

    View details
    Industrial/Flex Space Building For Sale
    Industrial/Flex Space Building For Sale

    6541 Kennedy Ave, Hammond, IN

    $625,000
    10,370 sqft 0.35 AC lot

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

    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.

    Vacant Manufacturing Lot For Sale
    Vacant Manufacturing Lot For Sale

    3760 Arthur Street, Gary, IN 46408

    Contact for pricing
    0.29 AC lot

    Vacant lot in industrial park, convenient location.

    View details
    Prime Dyer Location Land
    Prime Dyer Location Land

    1451 Joliet Street, Dyer, IN 46311

    $385,000
    2.00 AC lot

    High-visibility land in Dyer, suitable for various commercial uses.

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    Prime Commercial Land Opportunity
    Prime Commercial Land Opportunity

    13500 Morse Street, Cedar Lake, IN 46303

    $450,000
    2.35 AC lot

    2.34-acre commercial land for development in Cedar Lake, Indiana.

    View details
    Commercial Land in Cedar Lake
    Commercial Land in Cedar Lake

    13500 Morse Street, Cedar Lake, IN 46303

    $450,000
    2.35 AC lot

    2.34-acre commercial development opportunity in a growing area.

    View details

    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.

    1503 91st Dr
    WAREHOUSE, STORAGE

    1503 91st Dr, Merrillville, IN 46410-7177

    Value Estimation by Request
    8,400 sqft 0.67 AC lot
    View details
    2093 Cline Ave
    INDUSTRIAL (GENERAL)

    2093 Cline Ave, Gary, IN 46406-2444

    Value Estimation by Request
    0.52 AC lot
    View details
    901 Grant St
    MANUFACTURING (LIGHT)

    901 Grant St, Gary, IN 46404-1530

    Value Estimation by Request
    8,640 sqft 4.17 AC lot
    View details
    7600 9th Ave
    INDUSTRIAL (GENERAL)

    7600 9th Ave, Gary, IN 46406

    Value Estimation by Request
    13.98 AC lot
    View details
    7628 9th Ave
    INDUSTRIAL (GENERAL)

    7628 9th Ave, Gary, IN 46406

    Value Estimation by Request
    3.63 AC lot
    View details
    1300 9th Ave
    MANUFACTURING (LIGHT)

    1300 9th Ave, Gary, IN 46402

    Value Estimation by Request
    13,438 sqft 1.38 AC lot
    View details
    1434 11th Ave
    WAREHOUSE, STORAGE

    1434 11th Ave, Gary, IN 46402-2822

    $2,070,000
    Estimated value
    151,550 sqft 12.89 AC lot
    View details
    669 Grand Blvd
    STORAGE YARD, OPEN STORAGE

    669 Grand Blvd, Gary, IN 46403-2901

    Value Estimation by Request
    4,980 sqft 1.33 AC lot
    View details
    6800 9th Ave, Unit 70
    WAREHOUSE, STORAGE

    6800 9th Ave, Gary, IN 46406-1918

    Unit 70
    $990,000
    Estimated value
    12,069 sqft 17.34 AC lot
    View details
    2520 Broadway, Unit 34
    WAREHOUSE, STORAGE

    2520 Broadway, Gary, IN 46407-3606

    Unit 34
    Value Estimation by Request
    8,875 sqft 0.53 AC lot
    View details
    620 10th Pl
    WAREHOUSE, STORAGE

    620 10th Pl, Gary, IN 46402-2731

    $2,040,000
    Estimated value
    41,645 sqft 28.00 AC lot
    View details
    8000 Broadway
    WAREHOUSE, STORAGE

    8000 Broadway, Merrillville, IN 46410-5525

    $1,755,000
    Estimated value
    31,410 sqft 0.94 AC lot
    View details
    7100 9th Ave
    INDUSTRIAL (GENERAL)

    7100 9th Ave, Gary, IN 46406-1924

    $570,000
    Estimated value
    6,475 sqft 24.50 AC lot
    View details
    3990 Garfield St
    WAREHOUSE, STORAGE

    3990 Garfield St, Gary, IN 46408-2470

    Value Estimation by Request
    9,600 sqft 1.10 AC lot
    View details
    7000 21st Ave
    MANUFACTURING (LIGHT)

    7000 21st Ave, Gary, IN 46406-2404

    Value Estimation by Request
    9,600 sqft 2.25 AC lot
    View details
    8250 Colorado St
    MINI-WAREHOUSE, STORAGE

    8250 Colorado St, Merrillville, IN 46410-6509

    $905,000
    Estimated value
    11,600 sqft 3.96 AC lot
    View details
    9100 Louisiana St Bldg B
    WAREHOUSE, STORAGE

    9100 Louisiana St Bldg B, Merrillville, IN 46410-7279

    $530,000
    Estimated value
    9,600 sqft 0.81 AC lot
    View details
    1661 71st W 11th Ave
    STORAGE YARD, OPEN STORAGE

    1661 71st W 11th Ave, Gary, IN 46404

    Value Estimation by Request
    13,070 sqft 0.16 AC lot
    View details
    3849 Rhode Is St
    MANUFACTURING (LIGHT)

    3849 Rhode Is St, Gary, IN 46409-1637

    Value Estimation by Request
    7,950 sqft 0.36 AC lot
    View details

    Gary, IN Industrial Properties Market Trends and Statistics

    Explore 72 industrial properties for sale in Gary, IN, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 66,142 square feet of properties for sale, with an estimated market value of $6,729,900.

    Sale prices for industrial buildings in Gary, IN start at $239,900, averaging $1,345,980, 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 11
    Truck terminals 4
    Manufacturing properties 2
    Distribution centers 1

    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
    Gary $1.3M
    Merrillville $1.4M

    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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