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500 81st Ave, Merrillville, IN 46410

Well-maintained office complex with excellent visibility and easy access.

Space Size1,325 SF - 2,770 SF
Property Size23,296 SF
Days on Market2712

Property Features for 500 81st Ave

General Information

Standard status Active
Size 1,325 SF - 2,770 SF
Class B
Total Parking Spaces 115
Property subtype Office
Lease Type NNN

Building Details

Building Size 23,296 SF
Year Built 1973
Tenancy Multiple

Spaces For Lease

at 500 81st Ave Contact us

Suite G

Size
1,325 SF
Type
Office
Lease Type
NNN
Availability
Active
Contact us

Suite L and M

Size
2,770 SF
Type
Office
Lease Type
Net
Availability
Active
Contact us
Listing Agency: Commercial In-Sites LLC
Listed By: Allen Bartley · License #IN RB14024967
Source: Crexi
Added: Mar 11, 2019 Changed: Aug 8 Last Checked: Aug 11 at 5:35AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Commercial In-Sites LLC

Investment Insights

Based on property information with market context.

Ross Commons is a multi-tenant professional office complex that offers visibility and access at the northwest stoplight intersection of Merrillville Road and U.S. Highway 30. Several suite size and layout options are available. Current tenants include Galanos Family Dental Care, Svetanoff & Associates, Help at Home Inc., Associated Dentists of Northwest Indiana and the Law Offices of M Lambert. Pylon signage is available for all tenants. Triple net expenses are estimated at $4.25/SF, with tenants responsible for separately metered utilities and janitorial services. The parking lot was recently resurfaced, and a partial new roof was installed in Fall 2020. The 2024 INDOT traffic count shows 49,127 cars per day East on US Highway 30 and 9,747 cars per day South on Merrillville Road. Ross Commons is located on the north side of U.S. Highway 30, one block west of Broadway (S.R. 53), one mile west of the I-65 interchange, and two miles east of Taft Street (S.R. 55). Nearby establishments include Wendy's, Meijer, Texas Corral, Starbucks, Steak N Shake, and the Merrillville Post Office. The building is directly across the street from Walgreens. Merrillville is the largest town in Indiana, with the third-lowest tax rate in Lake County.

Key Highlights

  • Excellent visibility and easy access at a heavily trafficked intersection (U.S. Highway 30 and Merrillville Road).
  • High traffic count: 49,127 cars/day on US Highway 30 and 9,747 cars/day on Merrillville Road.
  • Convenient location near major roadways (I‑65, Broadway/S.R. 53, Taft Street/S.R. 55) and numerous amenities.

Property Analytics

Current Use

Dr. Alexander Williams, ... Dental Office StepUp Insurance IN Insurance Agency Sean Mullins, Attorney ... Law Firm Med Ed CNA ... Vocational School Law Offices of Michael ... Law Firm

Suggested Use

Top Pick HVAC Service Parking Lot & Garage Electrical Service Garden Center Furniture & Home Goods (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,009
Businesses Nearby

Demographics for 46410, IN

39,471
Population
17,685
Households
2.2
Avg Household Size
39
Median Age
24%
College-Educated
93%
High-School Grad
30.1 sq mi
ZIP Area
1,311
Density / Sq Mi
$61,735
Median Household Income
$42,235
Median Earnings
$1,267
Median Rent
$192,100
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Well-maintained office complex with excellent visibility and easy access.
Where is this office building located?
The property is located at 500 81st Ave Merrillville, IN.
What is the lease rate?
The lease rate is $12.50 SF/Yr.
What are key features of this property?
This property features: Excellent visibility and easy access at a heavily trafficked intersection (U.S. Highway 30 and Merrillville Road).; High traffic count: 49,127 cars/day on US Highway 30 and 9,747 cars/day on Merrillville Road.; Convenient location near major roadways (I‑65, Broadway/S.R. 53, Taft Street/S.R. 55) and numerous amenities.
(219) 795-1100 Call to check price and availability
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