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Gary, IN Motels for Sale

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Two-Story Limited-Service Motel
Updated: Feb 11
Two-Story Limited-Service Motel

732-734 E. 82nd Street, Merrillville, IN 46410

Contact for pricing
30,132 sqft
Limited‑service motel with 104 guest rooms in a two‑story property
Capital improvements completed 2018‑2024 include interior paint and guest room renovations (2018)
Exterior updates include exterior brick enhancements and new stucco exterior
New roof installed in 2023 and 2024 with a 20‑year warranty
Guest rooms feature newer PTAC units, plus guest laundry equipment installed in 2018
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Based on your search, we've compiled 44 Potential Opportunities for your consideration. Besides 1 Active listings in Gary, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 35 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.

Historical Motel with Monthly Rentals
Historical Motel with Monthly Rentals

1159 S Shore Drive, Holland, MI 49423

$1,850,000
6,000 sqft 0.80 AC lot

For sale historical motel with 14 monthly rental units and nearby lake access with multiple entry points.

View details
Chicago Motel Near Cottage Grove
Chicago Motel Near Cottage Grove

9112 S Cottage Grove Avenue, Chicago, IL 60619

$2,450,000
12,000 sqft 0.42 AC lot

37-room motel in Greater Grand Crossing community for sale.

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Corridor Motel with Restaurant
Corridor Motel with Restaurant

7621 S Cottage Grove Avenue, Chicago, IL 60619

$2,300,000
18,000 sqft 0.31 AC lot

1974-built 34-room motel with a separate front restaurant building and main-level parking.

View details
Historical Motel Near Lake Macatawa
Historical Motel Near Lake Macatawa

1159 S Shore Drive, Holland, MI 49423

$1,999,999
6,000 sqft

Historical motel with monthly rentals near Lake Macatawa.

View details

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.

High-Visibility Highway Commercial Land
High-Visibility Highway Commercial Land

Blue Star Highway lot: 2, Fennville, MI 49408

$300,000
2.75 AC lot

Cleared highway exit land in a C-3 district for a range of commercial and service uses.

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Prime Commercial Land I-55 Access
Prime Commercial Land I-55 Access

6000 S 6th Street Frontage Road, Springfield, IL 62702

$550,000
1.63 AC lot

1.63 acre commercial land near I-55 in Springfield, IL.

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Commercial Land on Adrian Highway
Commercial Land on Adrian Highway

3264 N Adrian Highway, Adrian, MI 49221

$299,900
3.43 AC lot

Commercial Highway Zoned lot with high traffic counts on M-52.

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Commercially Zoned Corner Land
Commercially Zoned Corner Land

7900,7990,7996 N Alger Road, Alma, MI 48801

$2,100,000
8.00 AC lot

Large commercial parcel with utilities on site and strong expressway visibility for restaurant, lodging, and complementary uses.

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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.

921 Hobart St
HOTEL/MOTEL

921 Hobart St, Gary, IN 46406-1939

Value Estimation by Request
2,460 sqft 0.07 AC lot
View details
8275 Georgia St
HOTEL/MOTEL

8275 Georgia St, Merrillville, IN 46410-6226

$780,000
Estimated value
51,629 sqft 2.69 AC lot
View details
8353 Georgia St
HOTEL/MOTEL

8353 Georgia St, Merrillville, IN 46410-6290

$695,000
Estimated value
31,602 sqft 2.09 AC lot
View details
8339 Ohio
HOTEL/MOTEL

8339 Ohio, Merrillville, IN 46410-6586

$4,300,000
Estimated value
39,732 sqft 1.90 AC lot
View details
8210 Louisiana St
HOTEL/MOTEL

8210 Louisiana St, Merrillville, IN 46410-6354

$3,300,000
Estimated value
53,076 sqft 2.14 AC lot
View details
8018 Delaware Pl
HOTEL/MOTEL

8018 Delaware Pl, Merrillville, IN 46410-5605

$775,000
Estimated value
54,350 sqft 0.97 AC lot
View details
8290 Georgia St
HOTEL/MOTEL

8290 Georgia St, Merrillville, IN 46410-6227

Value Estimation by Request
16,320 sqft 2.00 AC lot
View details
1813 Massachusetts St
HOTEL/MOTEL

1813 Massachusetts St, Gary, IN 46407-2226

Value Estimation by Request
8,625 sqft 0.07 AC lot
View details
7850 Rhode Is St
HOTEL/MOTEL

7850 Rhode Is St, Merrillville, IN 46410-5600

$2,385,000
Estimated value
65,678 sqft 6.10 AC lot
View details
2287 Broadway
HOTEL/MOTEL

2287 Broadway, Gary, IN 46407-3105

Value Estimation by Request
7,200 sqft 0.29 AC lot
View details
1350 83rd Ave
HOTEL/MOTEL

1350 83rd Ave, Merrillville, IN 46410-6364

$3,110,000
Estimated value
33,676 sqft 2.51 AC lot
View details
8300 Louisiana St
HOTEL/MOTEL

8300 Louisiana St, Merrillville, IN 46410-6312

$520,000
Estimated value
22,250 sqft 2.33 AC lot
View details
1344 83rd Ave
HOTEL/MOTEL

1344 83rd Ave, Merrillville, IN 46410-6364

$4,745,000
Estimated value
43,644 sqft 2.44 AC lot
View details
8311 Ohio
HOTEL/MOTEL

8311 Ohio, Merrillville, IN 46410-6586

$695,000
Estimated value
38,004 sqft 1.75 AC lot
View details
3944 77th Pl
HOTEL/MOTEL

3944 77th Pl, Merrillville, IN 46410-5070

Value Estimation by Request
2,334 sqft 15.31 AC lot
View details
8290 Louisiana St
HOTEL/MOTEL

8290 Louisiana St, Merrillville, IN 46410-6354

$670,000
Estimated value
51,076 sqft 2.68 AC lot
View details
8375 Georgia St
HOTEL/MOTEL

8375 Georgia St, Merrillville, IN 46410-6290

$685,000
Estimated value
30,906 sqft 1.87 AC lot
View details
734 82nd Ave
HOTEL/MOTEL

734 82nd Ave, Merrillville, IN 46410

Value Estimation by Request
14,758 sqft 1.01 AC lot
View details
750 82nd Ave
HOTEL/MOTEL

750 82nd Ave, Merrillville, IN 46410

Value Estimation by Request
14,848 sqft 1.00 AC lot
View details
8420 Indiana St
HOTEL/MOTEL

8420 Indiana St, Merrillville, IN 46410-6357

$785,000
Estimated value
57,082 sqft 1.87 AC lot
View details
8415 Louisiana St
HOTEL/MOTEL

8415 Louisiana St, Merrillville, IN 46410-6346

$870,000
Estimated value
65,340 sqft 3.76 AC lot
View details
7775 Mississippi St
HOTEL/MOTEL

7775 Mississippi St, Merrillville, IN 46410-5710

$1,110,000
Estimated value
77,383 sqft 2.92 AC lot
View details
6701 Taft St
HOTEL/MOTEL

6701 Taft St, Merrillville, IN 46410-3732

Value Estimation by Request
30,524 sqft 122.37 AC lot
View details

Gary, IN Motels Market Trends and Statistics

Explore 36 motels for sale in Gary, IN on our real estate platform. These investment opportunities span a total of 30,132 square feet of properties for sale, with an estimated market value of $0.00.

Sale prices for motels in Gary, IN start at $0.00, averaging $0.00, and reaching up to $0.00 — 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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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Motels 1

Demographics Overview

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

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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