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    Merrillville, IN Office Spaces for Sale

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    Retail/Office Space with Renovation Needs
    Updated: May 13
    Retail/Office Space with Renovation Needs

    508 S Lake Street, Gary, IN 46403

    $89,900
    720 sqft · 0.06 AC lot
    Approx. 720 SF retail/office space
    Forced air heating
    Natural gas available
    Public water and public sewer
    Parking includes alley, on‑street, and off‑street options
    View details

    This listing looks promising.

    Here's a quick look at some key insights for

    508 S Lake Street, Gary, IN 46403

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    • Est. Cap Rate

      7.7%
      Above avg (5.9%)

    • Est. NOI

      $7K
      Annual

    • Price @ 7% Cap

      $99K
      Above asking

    • Property Type

      Commercial (General)
      Built 1948
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    Versatile Commercial Building with Open Layout
    Updated: Jun 18
    Versatile Commercial Building with Open Layout

    2535 Garfield Street, Gary, IN 46404

    $650,000
    9,360 sqft · 1.13 AC lot
    Approximately 9,360 SF of versatile commercial space for office, retail, warehouse, or service uses
    Open and adaptable layout with high ceilings and an open floorplan
    Natural gas forced‑air heating with a gas water heater
    Public water and public sewer services
    Private yard and exterior lighting included
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    Flex Office and Heated Garage
    Flex Office and Heated Garage

    8213 Clay Street, Merrillville, IN 46410

    $239,900
    1,550 sqft · 0.46 AC lot

    Two-building setup with a renovated office and fully heated garage for storage, shipping, or fleet parking.

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    1920s Commercial Building with Service Space
    1920s Commercial Building with Service Space

    4007 Broadway, Gary, IN 46409

    $175,000
    2,160 sqft · 0.17 AC lot

    A 1920s-era commercial building at 4007 Broadway offering flexible space for service, retail, or office conversion.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Two-Story Office Building with On-Site Parking
    Two-Story Office Building with On-Site Parking

    8420 Indiana Street, Merrillville, IN 46410

    $1,420,000
    9,240 sqft · 0.83 AC lot

    Fully updated two-story office building with 9,240 SF, 32 on-site spaces, and multiple upgrades for investor or occupant use.

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    Industrial Building with Showroom
    Industrial Building with Showroom

    5200 Cleveland Street, Gary, IN 46410

    $1,400,000
    12,400 sqft · 2.15 AC lot

    12,400 SF industrial building with showroom and fenced lot.

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    Prime Commercial Corner Lot
    Prime Commercial Corner Lot

    7900 Grant Street, Merrillville, IN 46410

    $459,900
    2.26 AC lot

    2.2-acre corner lot zoned C-3 in Merrillville, Indiana.

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    Merrillville Development Site For Sale
    Merrillville Development Site For Sale

    555 E 84th Drive, Merrillville, IN 46410

    $375,000
    2.84 AC lot

    2.84 acre development site near U.S. 30 and Broadway.

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    Office Building with Reception Area
    Office Building with Reception Area

    3799 Central Avenue, Lake Station, IN 46405

    $99,900
    742 sqft · 0.07 AC lot

    Well-maintained office building with a reception area, private offices, and ample parking, plus an included south vacant lot.

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    Merrillville Office Building For Sale
    Merrillville Office Building For Sale

    8700 Broadway, Merrillville, IN

    $1,899,000
    11,856 sqft · 1.00 AC lot

    Well-maintained office building with long-term tenant in prime location.

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    Medical Office Suites Available
    Medical Office Suites Available

    200-250 E 90th Dr, Merrillville, IN

    $1,490,000
    2,500 sqft · 3.13 AC lot

    Professional medical office suites with modern amenities and ample parking.

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    Environ Professional Center For Sale
    Environ Professional Center For Sale

    8695 & 8679 Connecticut Street, Merrillville, IN 46410

    $2,350,000
    17,220 sqft

    Two medical office buildings near Southlake Methodist Hospital.

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    Gary Office Building For Sale
    Gary Office Building For Sale

    2400 Clark Rd, Gary, IN 46404

    $1,200,000
    20,572 sqft

    20,572 SF office building in Gary, Indiana.

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    Medical Office Building For Sale
    Medical Office Building For Sale

    8683 Connecticut St, Merrillville, IN

    $599,000
    10,750 sqft · 1.25 AC lot

    Medical office building near Methodist Hospital with ample parking.

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    Merrillville Professional Office Portfolio
    Merrillville Professional Office Portfolio

    8401 Ohio St, Merrillville, IN 46410

    $4,500,000
    27,000 sqft

    Two-property office portfolio in Merrillville's healthcare corridor.

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    Medical Center Investment Opportunity
    Medical Center Investment Opportunity

    4802 Broadway, Gary, IN 46408

    $3,100,000
    13,125 sqft

    Two-tenant medical center in Gary, IN with upside.

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    Medical Office Buildings Near Hospital
    Medical Office Buildings Near Hospital

    8695 Connecticut St, Merrillville, IN

    $2,350,000
    17,220 sqft · 2.48 AC lot

    Two medical office buildings near Southlake Methodist Hospital for sale.

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    Versatile Commercial Space For Sale
    Versatile Commercial Space For Sale

    2630 W 5th Avenue, Gary, IN 46404

    $92,000

    Commercial space with high visibility and convenient access.

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    Central Avenue Office Building For Sale
    Central Avenue Office Building For Sale

    3799 Central Avenue, Lake Station, IN 46405

    $99,900

    Office building with private offices, parking, and included vacant lot.

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    Medical Office Condo For Sale
    Medical Office Condo For Sale

    8528 Broadway, Merrillville, IN 46410

    $800,000
    8,300 sqft

    8,300 SF medical office condo in central location.

    View details
    Based on your search, we've compiled Potential Opportunities for your consideration. Besides 20 Active Listings in Merrillville, IN, we suggest to view alternatives - similar 52 Off-Market properties to explore as potential leads.

    Off-Market Properties in Merrillville, IN

    Consider similar Off-Market properties in Merrillville, 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.

    8600 Broadway
    OFFICE (GENERAL)

    8600 Broadway, Merrillville, IN 46410-7034

    $870,000
    Estimated value
    9,028 sqft · 1.45 AC lot
    View details
    8700 Broadway
    OFFICE (GENERAL)

    8700 Broadway, Merrillville, IN 46410-7036

    $1,130,000
    Estimated value
    11,856 sqft · 1.00 AC lot
    View details
    3570 Lincoln Hwy
    MEDICAL BUILDING

    3570 Lincoln Hwy, Merrillville, IN 46410-5830

    Value Estimation by Request
    3,044 sqft · 0.85 AC lot
    View details
    8683 Connecticut St
    OFFICE (GENERAL)

    8683 Connecticut St, Merrillville, IN 46410-6388

    $875,000
    Estimated value
    10,750 sqft · 1.55 AC lot
    View details

    Merrillville, IN Office Spaces Market Trends and Statistics

    Explore 72 office spaces for sale in Merrillville, IN, showcased through 20 active listings on our real estate platform. These investment opportunities span a total of 164,715 square feet of properties for sale, with an estimated market value of $22,362,700.

    Sale prices for office spaces in Merrillville, IN start at $89,900, averaging $1,397,668, and reaching up to $4,500,000 — 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Office Units 29
    Medical Office Space 15
    Office buildings 12
    Coworking space 5

    Demographics Overview

    Population 39K
    Population Growth (5Y) +2.0%
    Median Household Income $61,735
    College Educated 16.4%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    46410 $1.4M

    Taxes & Financing

    Tax Rate (average for all types) 2.32%
    Property Tax per SF $33.26 per SF
    Tax Rate vs County Average 0.75 pp below 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 Merrillville fall within the 100,000+ square foot range.

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    Most Searched ZIP Codes in Merrillville, IN

    • 46410
    • 46404
    • 46405
    • 46403
    • 46408
    • 46409

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