Mixed-Use

Gary, IN Mixed-use Properties for Sale

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Merrillville Development Site For Sale
Updated: Feb 22
Merrillville Development Site For Sale

555 E 84th Drive, Merrillville, IN 46410

$375,000
2.84 AC lot
Prime 2.84‑acre development site near the signalized intersection of U.S. 30 and Broadway (SR‑53).
Located within an established business park with restaurants, offices, financial services, retail, and healthcare.
High‑traffic location with close proximity to U.S. 30, Broadway (SR‑53), and Interstate 65.
Surrounded by dense retail, dining, residential, and commercial development.
Utilities available: Public Water and Sewer.
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Based on your search, we've compiled 15 Potential Opportunities for your consideration. Besides 1 Active listings in Gary, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 6 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Calumet Avenue Commercial Condominium Unit
Calumet Avenue Commercial Condominium Unit

9410 Calumet Ave, Suite 103A/B, Munster, IN 46321

$799,000
3,300 sqft

First-floor condominium unit in a rapidly developing commercial corridor.

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Mixed-Use Asset Near Crown Point
Mixed-Use Asset Near Crown Point

250 North Main Street, Crown Point, IN 46307

$2,399,000
12,606 sqft

Mixed-use property with residential and commercial units near Crown Point.

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Crown Point Mixed-Use Property
Crown Point Mixed-Use Property

105 S Court Street, Crown Point, IN 46307

$799,900

Leased mixed-use property with residential and commercial spaces, fenced backyard.

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Hospitality, Mixed Use, Office, Retail
Hospitality, Mixed Use, Office, Retail

407 Ridge Rd, Munster, IN 46321

$1,595,000
2,735 sqft

Mixed-use properties · 2,735 SF

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Cedar Lake B1-Zoned Lot
Cedar Lake B1-Zoned Lot

13405 Morse Street, Cedar Lake, IN 46303

$279,000
0.88 AC lot

Versatile 0.88-acre lot in high-traffic Cedar Lake location.

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Commercial Corner Lot in Gary
Commercial Corner Lot in Gary

1232-38 Grant Street, Gary, IN 46404

Contact for pricing

Corner lot zoned for commercial use near I-80/94.

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Versatile Land with Commercial Potential
Versatile Land with Commercial Potential

1211 Joliet Street, Dyer, IN 46311

$419,900
1.41 AC lot

Vacant land suitable for commercial or residential development.

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Versatile Vacant Land Opportunity
Versatile Vacant Land Opportunity

1211 Joliet Street, Dyer, IN 46311

$419,900
0.70 AC lot

Vacant land with commercial and residential potential in Dyer, IN.

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Off-Market Properties in Gary, IN

Consider similar Off-Market properties in Gary, IN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

8510-8514 Broadway
Medical space

8510-8514 Broadway, Merrillville, IN 46410

Value Estimation by Request
24,162 sqft
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4477-4479 Cleveland St
Mixed-use properties

4477-4479 Cleveland St, Gary, IN 03113

Value Estimation by Request
0.40 AC lot
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4105 Broadway
Mixed-use properties

4105 Broadway, Gary, IN 46409

Value Estimation by Request
0.07 AC lot
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200 61St Ave
Mixed-use properties

200 61St Ave, Merrillville, IN 46410

Value Estimation by Request
0.89 AC lot
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4023 Broadway
Mixed-use properties

4023 Broadway, Gary, IN 46409

Value Estimation by Request
0.07 AC lot
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8280 Mississippi St
Restaurants

8280 Mississippi St, Merrillville, IN 46410

Value Estimation by Request
View details

Gary, IN Mixed-Use Properties Market Trends and Statistics

Explore 7 mixed-use properties for sale in Gary, IN on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $375,000.

Sale prices for multi use buildings in Gary, IN start at $375,000, averaging $375,000, and reaching up to $375,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 124K
Population Growth (5Y) -7.7%
Median Household Income $47,747
College Educated 15.8%

High-Yield Neighborhoods for Investment

Identify Gary submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
46403 $263K

Taxes & Financing

Tax Rate (average for all types) 7.93%
Property Tax per SF $79.79 per SF
Tax Rate vs County Average 6.93 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Lake County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Lake County

Retail

Property Size Breakdown

The majority of commercial real estate listings in Gary fall within the 50,000 to 100,000 square foot range.

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