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    1321-1325 Main St Griffith, IN 46319

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    For Lease
    $11 SF/Yr ($4,473 /Mo)

    Two 4,880 SF industrial units available for lease.

    Property size:
    4,880 SF
    Lot size:
    1.20 Acres

    Property Features for 1321-1325 Main St

    General Information

    Size
    4,880 SF
    Lot size
    1.20 Acres

    Source: Commercial In-Sites, LLC Agent James Buchanan

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Industrial Units in Gatlin Park

    Two 4,880 SF units are available within the Gatlin Industrial Park. Unit 1327 features a 420 SF office area with mezzanine storage, a 4,460 SF warehouse area, two bathrooms, and a 12'x14' overhead door. This unit also includes an interior recessed loading dock that has been filled and capped but could be restored. It is equipped with 200 AMP 3 Phase electric. Unit 1333, an end-cap unit, offers a similar layout with a 420 SF office space including mezzanine storage, a 4,460 SF warehouse area, two bathrooms, and a 12'x14' overhead door. This unit also features 200 AMP 3 Phase electric. The property is situated on the south side of Main Street in the Gatlin Industrial Park, within the Griffith Central Business District, one block east of Colfax Street, 3 miles east of Indianapolis Boulevard, 3 3/4 miles south of I-80/94, and 5 1/2 miles east of the Illinois/Indiana border. The location provides convenient access throughout Lake County and is approximately 30 miles southeast of Chicago.
    Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Griffith
    County
    Lake
    State
    Indiana
    Longitude
    -87.4112312
    Latitude
    41.5220939

    Nearby Similar for Lease

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    • $4,200,000
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      Warehouse Space Near I-80/94

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    • $15 SF/Yr
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    • $3,500 /Mo
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      Downtown Retail Space Available

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    FAQs

    What type of property is this?
    Warehouse - Two 4,880 SF industrial units available for lease.
    Where is this warehouse located?
    The property is located at 1321-1325 Main St Griffith, IN.
    What is the lease rate?
    The lease rate is $11 SF/Yr.
    What are key features of this property?
    This property features: - Two 4,880 SF units available, offering flexibility.; - Convenient location within Gatlin Industrial Park, with easy access to Lake County and Chicago.; - Each unit includes a 420 SF office with mezzanine storage and a 4460 SF warehouse space.
    (219) 794-4343
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1321-1325 Main St Griffith, IN 46319
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