Merrillville, IN Industrial Properties for Sale

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15 properties

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Updated: Jul 30

Two-Building Industrial Warehouse

3777 Vermont St, Gary, IN 46409

$350,000

4,226 sqft

4,226 SF across two freestanding warehouse buildings
Four separate parcels included
M1‑2 Light Industrial zoning
Open‑span layouts with high ceilings and concrete floors
Existing warehouse racking, overhead lighting, and additional storage space

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This listing looks promising.

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3777 Vermont St, Gary, IN

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Est. Cap Rate

8.5%
Above avg (5.9%)
Est. NOI

$30K
Annual
Price @ 7% Cap

$425K
Above asking

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Updated: Jul 6

Auto Shop with Private Yard

2400 W Ridge Road, Gary, IN 46408

$440,000

5,832 sqft 0.32 AC lot

5,832 SF auto shop building built in 1949
0.324‑acre lot with private yard
3 vehicle lifts for repair and service work
Updated electrical panels plus new roof with new sheeting
M‑1 Light Manufacturing zoning for light industrial and related uses

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Climate-Controlled Flex Garage with Offices

8213 Clay Street, Merrillville, IN 46410

$239,900

1,550 sqft 0.46 AC lot

B-3 zoning with well and septic servicing two flex buildings including heated garage space and office interiors.

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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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Auto Shop with Vehicle Storage Yard

2400 W Ridge Rd, Gary, IN 46408

$440,000

5,832 sqft

M-1 Light Manufacturing zoning supports automotive, industrial, manufacturing, and service-related operations.

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Light Industrial Warehouse with Office

8300 Clay St, Merrillville, IN 46410

Contact for pricing

10,000 sqft 1.00 AC lot

Light industrial warehouse buildings feature insulated interior, three 14-foot overhead doors, and fenced security on paved land.

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Limited Manufacturing Industrial Building

2596 W 9th Ave, Gary, IN 46404

$35,000

3,106 sqft

M1-1 zoned masonry industrial property sold AS-IS, requiring extensive rehabilitation or redevelopment.

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M1-Zoned Flex Industrial Building

8474 South Colorado Street, Merrillville, IN 46410

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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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Light Industrial Property with Multiple Lots

2450 W Ridge Road, Gary, IN 46408

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8.00 AC lot

M-1 light manufacturing zoned site on eight city lots, including a storage container and office furniture.

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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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Industrial Warehouse with 2 Cranes

2100 E 5th Ave, Gary, IN 46402

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30,000 sqft

Warehouse building includes small office with heat and A/C, three drive-in doors, and two overhead cranes.

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Multi-Building Industrial Campus

6012 W. Industrial Highway, Gary, IN 46406

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26,120 sqft 19.74 AC lot

Industrial campus with a standalone office building and warehouse/industrial spaces on a divisible site.

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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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Gary, Indiana Self-Storage Facility

3721 N Colfax St, Gary, IN 46408

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Self-storage facility for sale in Gary, Indiana.

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Historic Manufacturing Facility

1661 W 11th, Gary, IN 46404

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Former potato chip production facility for sale in Gary; operations closed since 2017, with equipment on-site.

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Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 15 Active listings in Merrillville, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 57 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.

5-Bay Truck Terminal

6001 Kennedy Ave, Hammond, IN 46323

$1,500,000

9,015 sqft 2.40 AC lot

Industrial facility with a paved, fenced yard, pull-through access, and dedicated office and warehouse areas.

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Flex and Warehouse Facility

596 E Ridge Rd, Griffith, IN 46319

Contact for pricing

14,300 sqft 0.54 AC lot

Flex space with 16’ clear height, two drive-in doors, and half warehouse area on 0.54 acres, subject to a new NNN lease.

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Flex Office Warehouse Building

2716 Condit St, Hammond, IN 46322

Contact for pricing

2,616 sqft

2,616 SF flex building with private offices, reception, full bath, and rear drive-in door for warehouse access.

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Light Industrial Warehouse with Offices

149 S Colfax St, Griffith, IN 46319

Contact for pricing

Zoned light industrial warehouse with updated office space, 14'–18' ceilings, and multiple drive-in doors.

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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.

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.

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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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East Chicago Industrial Lot For Sale

3425-33 Michigan Avenue, East Chicago, IN 46312

$45,000

14,170 sqft 0.33 AC lot

Industrial land in East Chicago, close to major transportation routes.

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East Chicago Land Opportunity

1300 W 145th Street, East Chicago, IN 46312

$329,900

4.08 AC lot

Acreage near 80/94, ideal for manufacturing or storage.

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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.

WAREHOUSE, STORAGE

1503 91st Dr, Merrillville, IN 46410-7177

$295,000

Estimated value

8,400 sqft 0.67 AC lot

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WAREHOUSE, STORAGE

8000 Broadway, Merrillville, IN 46410-5525

$760,000

Estimated value

31,410 sqft 0.94 AC lot

View details

MINI-WAREHOUSE, STORAGE

8250 Colorado St, Merrillville, IN 46410-6509

$375,000

Estimated value

11,600 sqft 3.96 AC lot

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WAREHOUSE, STORAGE

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

$290,000

Estimated value

9,600 sqft 0.81 AC lot

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WAREHOUSE, STORAGE

8987 Louisiana St, Merrillville, IN 46410-7114

$475,000

Estimated value

3,840 sqft 1.97 AC lot

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WAREHOUSE, STORAGE

1600-40 Northwind Pkwy, Merrillville, IN 46410

$3,190,000

Estimated value

50,400 sqft 3.71 AC lot

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WAREHOUSE, STORAGE

8203 Taney Pl, Merrillville, IN 46410-5755

$3,295,000

Estimated value

17,775 sqft 1.26 AC lot

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WAREHOUSE, STORAGE

8858 Louisiana St, Merrillville, IN 46410-7153

$1,685,000

Estimated value

23,111 sqft 3.26 AC lot

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WAREHOUSE, STORAGE

401 82nd Pl, Merrillville, IN 46410-6253

$370,000

Estimated value

13,991 sqft 1.50 AC lot

View details

Merrillville, IN Industrial Properties Market Trends and Statistics

Explore 72 industrial properties for sale in Merrillville, IN, showcased through 15 active listings on our real estate platform. These investment opportunities span a total of 142,026 square feet of properties for sale, with an estimated market value of $2,154,900.

Sale prices for industrial buildings in Merrillville, IN start at $35,000, averaging $359,150, and reaching up to $650,000 — 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 39K

Population Growth (5Y) +2.0%

Median Household Income $61,735

College Educated 16.4%

High-Yield Neighborhoods for Investment

Identify Merrillville submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
46410	$239.9K

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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Merrillville, IN Industrial Properties for Sale

3777 Vermont St, Gary, IN 46409

2400 W Ridge Road, Gary, IN 46408

8213 Clay Street, Merrillville, IN 46410

2535 Garfield Street, Gary, IN 46404

2400 W Ridge Rd, Gary, IN 46408

8300 Clay St, Merrillville, IN 46410

2596 W 9th Ave, Gary, IN 46404

8474 South Colorado Street, Merrillville, IN 46410

2450 W Ridge Road, Gary, IN 46408

5445-49 Broadway, Merrillville, IN 46410

2100 E 5th Ave, Gary, IN 46402

6012 W. Industrial Highway, Gary, IN 46406

3800 W 87th Ave, Merrillville, IN 46410

3721 N Colfax St, Gary, IN 46408

1661 W 11th, Gary, IN 46404

Opportunities in Nearby Cities

6001 Kennedy Ave, Hammond, IN 46323

596 E Ridge Rd, Griffith, IN 46319

2716 Condit St, Hammond, IN 46322

149 S Colfax St, Griffith, IN 46319

Potential Development Sites for Consideration

3760 Arthur Street, Gary, IN 46408

1451 Joliet Street, Dyer, IN 46311

3425-33 Michigan Avenue, East Chicago, IN 46312

1300 W 145th Street, East Chicago, IN 46312

Off-Market Properties in Merrillville, IN

1503 91st Dr, Merrillville, IN 46410-7177

8000 Broadway, Merrillville, IN 46410-5525

8250 Colorado St, Merrillville, IN 46410-6509

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

8987 Louisiana St, Merrillville, IN 46410-7114

1600-40 Northwind Pkwy, Merrillville, IN 46410

8203 Taney Pl, Merrillville, IN 46410-5755

8858 Louisiana St, Merrillville, IN 46410-7153

401 82nd Pl, Merrillville, IN 46410-6253

Merrillville, IN Industrial Properties Market Trends and Statistics

Top Commercial Asset Segments

Demographics Overview

High-Yield Neighborhoods for Investment

Taxes & Financing

Listings Trend

Total CRE Inventory on Market (SF)

Average Property Price per SF

Office

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