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    Merrillville, IN
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    Merrillville, IN Office Units for Sale

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    Industrial Building with Showroom
    Updated: Apr 8
    Industrial Building with Showroom

    5200 Cleveland Street, Gary, IN 46410

    $1,400,000
    12,400 sqft 2.15 AC lot
    Excellent location near I‑80/94, US‑20, and I‑65 providing easy access throughout Northwest Indiana and the greater Chicagoland area.
    12,400 SF industrial building on a fully fenced 2.15‑acre lot, offering secure outdoor space.
    Includes a front showroom and office area with strong street visibility.
    Warehouse space with three 14’ drive‑in doors and 28’ peak ceiling height.
    Newer roof (approximately 5 years old) and brand‑new electronic sign.
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    This listing looks promising.

    Here's a quick look at some key insights for

    5200 Cleveland Street, Gary, IN 46410

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    • Est. Cap Rate

      8.5%
      Above avg (5.9%)

    • Est. NOI

      $119K
      Annual

    • Price @ 7% Cap

      $1.71M
      Above asking

    • Property Type

      Auto Repair, Garage
      Built 1969
    View Property Analytics
    Flex Office and Heated Garage
    Updated: Jun 26
    Flex Office and Heated Garage

    8213 Clay Street, Merrillville, IN 46410

    $239,900
    1,550 sqft 0.46 AC lot
    Building 1: 800 SF commercial office converted in 2007; refreshed with new finishes in 2024
    2024 upgrades include brand‑new luxury vinyl plank (LVP) flooring, upgraded kitchenette/break room, and modernized restroom
    Office layout includes a large 11' x 15' executive office, an 11' x 10' private office, and an open‑concept central workspace
    Backup power: whole‑property Generac generator system plus crawl space with two sump pumps
    Building 2: 750 SF fully heated flex garage for storage, shipping, inventory, or fleet parking
    View details
    Medical Office Condos
    Medical Office Condos

    270-280 E 90th Dr, Merrillville, IN 46410

    $1,490,000
    10,000 sqft

    Three medical office condos are available in a 1989 C3-zoned building with flexible layouts and ample parking.

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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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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Light Industrial Warehouse with Office
    Light Industrial Warehouse with Office

    8300 Clay St, Merrillville, IN 46410

    Contact for pricing
    10,000 sqft 1.00 AC lot

    Light industrial warehouse buildings feature insulated interior, three 14-foot overhead doors, and fenced security on paved land.

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    Flexible Retail/Office Storefront
    Flexible Retail/Office Storefront

    3906 W 11th Ave, Gary, IN 46402

    $55,000
    1,200 sqft

    Versatile storefront property formerly used as a barbershop with a flexible interior layout for multiple business concepts.

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    Commercial Space with Customer Deck
    Commercial Space with Customer Deck

    2251 Ripley St, Lake Station, IN 46405

    Contact for pricing
    798 sqft

    Nearly 100 feet of frontage near Greenfields, with a reception area, deck, and full basement.

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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.

    View details
    Based on your search, we've compiled 13 Potential Opportunities for your consideration. Besides 8 Active listings in Merrillville, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

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

    All-Steel Industrial Building with Office
    All-Steel Industrial Building with Office

    1031 E Summit St, Crown Point, IN 46307

    $1,200,000
    7,640 sqft 1.16 AC lot

    All-steel industrial building with 20' ceilings, overhead cranes, and separate office space for flexible industrial operations.

    View details
    Professional Office Building with Parking
    Professional Office Building with Parking

    409-15 North Wisconsin Street, Hobart, IN 46342

    $499,000
    4,764 sqft

    Professional office building directly in front of the Hobart YMCA, offering multiple units with signage and ample parking.

    View details
    Industrial Warehouse with Office Buildout
    Industrial Warehouse with Office Buildout

    1019 E Summit Street, Crown Point, IN 46307

    $3,900,000
    45,966 sqft 2.50 AC lot

    Industrial warehouse facility on 2.5 acres with heated space, overhead doors, and fully finished offices with HVAC.

    View details
    Downtown Hobart Commercial Opportunity
    Downtown Hobart Commercial Opportunity

    232 Main Street, Hobart, IN 46342

    $99,900
    736 sqft 0.02 AC lot

    Prime downtown location with visibility and charm.

    View details

    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.

    251 84Th Dr
    Office Units

    251 84Th Dr, Merrillville, IN 46410

    Value Estimation by Request
    31,281 sqft
    View details

    Merrillville, IN Office Units Market Trends and Statistics

    Explore 9 office units for sale in Merrillville, IN, showcased through 8 active listings on our real estate platform. These investment opportunities span a total of 27,650 square feet of properties for sale, with an estimated market value of $4,674,900.

    Sale prices for office units in Merrillville, IN start at $55,000, averaging $934,980, and reaching up to $1,490,000 — 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 26
    Medical Office Space 15
    Office buildings 11
    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 $239.9K

    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
    • 46402
    • 46404
    • 46405

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