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    7896 Broadway Merrillville, IN 46410

    Sponsored
    For Lease
    $14 SF/Yr

    Merrillville, IN office suites available

    Lot size:
    24,396 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This Merrillville, Indiana commercial property, Liberty Square Retail & Office, offers multiple tenancy in a 24,396 square foot building. Built in 1976 and renovated in 2024, the property features 5,952 square feet of vacant space, divisible into units ranging from 1,200 to 2,500 contiguous square feet. Located at 7896 Broadway, Merrillville, IN 46410, this traditional office space enjoys high visibility with 18,000 cars passing daily. The building is situated in Lake County and provides excellent exposure for businesses. Previously configured as a beauty salon, the available space includes individual suites, making it ideal for businesses requiring private client rooms. This ready-to-occupy space presents a significant opportunity for businesses seeking a high-traffic location with prominent signage. The property's prime location and recent renovations make it an attractive option for a variety of commercial uses.

    Property Features for 7896 Broadway

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    24,396 SF
    Total Rate
    28462

    Building Details

    Year Built/Renovated
    1976/2024

    Unit(s) available at that property

    Space
    Beauty Salon
    Size
    1,525 SF
    Rate per SF
    $14
    Space
    Available Space 2
    Size
    1,216 SF
    Rate per SF
    $14

    HighLights

    • 1,525 square feet of commercial space ideal for beauty salons or professional suites.
    • Existing individual suites ready for immediate occupancy.
    • High‑visibility location on Broadway with 18,000 cars passing daily.
    • Suitable for salons, spas, or businesses needing private workspaces.
    Property Profile Location Intelligence

    Current Use by Public Records

    Nóelle Mink ExtensionsLLC Eyelash Salon Noelle Mink Extensions Beauty Salon

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Merrillville
    County
    Lake
    State
    Indiana
    Longitude
    -87.336267156709
    Latitude
    41.474700376467

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    FAQs

    What type of property is this?
    Office Property / Space - Merrillville, IN office suites available
    Where is this office property / space located?
    The property is located at 7896 Broadway Merrillville, IN.
    What is the lease rate?
    The lease rate is $14 SF/Yr.
    What are key features of this property?
    This property features: 1,525 square feet of commercial space ideal for beauty salons or professional suites.; Existing individual suites ready for immediate occupancy.; High-visibility location on Broadway with 18,000 cars passing daily.
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    7896 Broadway Merrillville, IN 46410
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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
    7896 Broadway Merrillville, IN 46410
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