Listing Agency: CBRE - Indianapolis c***@cbre.com Show Phone

Listed By: Chris Deutscher · License #RB14037100 Show Phone

Source: Cbre

Added: Mar 25 Changed: Aug 11 Last Checked: Aug 20 at 12:07PM

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Investment Insights

Based on property information with market context.

A retail space is available for sale in Merrillville, Indiana. The property is located at 700 East 81st Avenue, 46410.

Key Highlights

• Retail space available for sale.
• Located in Merrillville, Indiana.

Property Analytics

Property Profile

Current Use

Retail space

Suggested Use

Top Pick HVAC Service Parking Lot & Garage Computer & Electronic Repair (Bike/Boat/Book/etc) Store Catering Service Electrical Service

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

Location Intelligence

Trade Area within ½ mile

1,517

Businesses Nearby

180k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 34% Dining 30% Groceries 16% Home Improvements & Furnishings 13%

Costco Gasoline Shops & Services

51,814 visits/mo 0.5 miles

Aldi Groceries

29,441 visits/mo 0.3 miles

At Home Home Improvements & Furnishings

16,456 visits/mo 0.5 miles

Golden Corral Dining

13,427 visits/mo 0.3 miles

Hooters Dining

11,481 visits/mo 0.2 miles

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 Retail in Midwest region

8% 2020

7.3% 2021

6.5% 2022

6% 2023

5.7% 2024

6.3% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this retail space located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Retail space - Retail space available for sale in Merrillville, Indiana.

Where is this retail space located?

The property is located at 700 East 81st Avenue Merrillville, IN.

What is the asking price?

The asking price for this property is $1,290,000.

What are key features of this property?

This property features: Retail space available for sale.; Located in Merrillville, Indiana.