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Prime Commercial Corner Lot
For Sale
$459,900

7900 Grant Street, Merrillville, IN 46410

LAND - Merrillville, IN

Property SizeContact for details
Lot Size2.26 Acres
Days on Market93

Property Features for 7900 Grant Street

General Information

Property type Land
Property subtype Other
Zoning description Commercial
Subdivision Watertower Park
Lot features Corner Lot
Directions Route 30- Head North on Grant street- property on the left
Standard status Active
APN 451220277004000030
Lot size 2.26 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description WATERTOWER PARK LOT 4
Tax Annual Amount 250
Legal Description WATERTOWER PARK LOT 4

Utilities

Utilities Water Available
Listing Agency: McColly Real Estate
Listed By: Camille Schoop · License #RB16001428
Added: May 4 Changed: May 5 Last Checked: Aug 4 at 11:06AM
MLS# 838287

Copyright © 2026 Greater Northwest Indiana Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 2.26-acre corner lot is zoned C-3 and is one of the larger commercial lots available. The property is located off U.S. 30 and within a mile of I-65, near banks, offices, and senior living facilities. Potential uses for C-3 zoning include hotels, banks, professional offices, and retail stores. Specific retail examples include apparel, antiques, art supplies, bakeries, bicycles, books, camera and photographic equipment, carpet, china and glassware, coins and philatelic supplies, computers, convenience items, drug and pharmaceutical supplies, electronic equipment, floral arrangements, home appliances, household furniture, garden supplies, gifts, hardware, hobby supplies, interior decorating, jewelry, locksmith services, millinery, musical instruments, newsdealers, office supplies, paint and wallpaper. Additional permitted uses include auto shops and garages, halls, food sales, laundromats, liquor stores, taverns, pawn shops, printing and copier shops, and sporting goods stores. The property is located in Merrillville, Indiana, with a postal code of 46410, situated in Lake County.

Key Highlights

  • 2.2 Acre Corner Lot Zoned C‑3
  • Located off U.S. 30 and within a mile of I‑65
  • One of the larger commercial lots available

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Big Box & Wholesale Store Building Supply HVAC Service Furniture & Home Goods Hotel & Motel

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

383
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?
Commercial land - 2.2-acre corner lot zoned C-3 in Merrillville, Indiana.
Where is this commercial land located?
The property is located at 7900 Grant Street Merrillville, IN.
What is the asking price?
The asking price for this property is $459,900.
What are key features of this property?
This property features: 2.2 Acre Corner Lot Zoned C‑3; Located off U.S. 30 and within a mile of I‑65; One of the larger commercial lots available
More about this property
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