606 Lincoln Hwy Merrillville, IN 46410
This attractive, two-story, 16,160-square-foot office building in Merrillville, Indiana, offers a remaining 1,882-square-foot first-floor unit. The octagon-shaped building features a split-face block and dryvit exterior, abundant natural light from numerous windows, and a recently renovated interior. The space includes four offices, a conference room, two private bathrooms (one with a shower), and a kitchenette. Recent upgrades include a new furnace and air conditioning unit, LED lighting, flooring, and paint. The building also boasts 72 parking spaces and is conveniently located on US Highway 30, offering excellent visibility and accessibility. Extensive recent exterior renovations include new LED lighting, a 25-foot pylon sign, resealed and restriped parking lot, a new fire monitoring system, sidewalk and curb repairs with a new handicap-accessible ramp, fresh exterior paint, and new landscaping. The building is zoned C-3 and sits on a 2.17-acre lot. The second floor is fully leased to Union Wellness Centers Merrillville. The building's prime location offers easy access to I-65 and is near numerous amenities, including Meijer, Starbucks, and various restaurants and businesses. This space is ideal for a variety of office uses, including traditional office, medical office, or coworking. The minimum divisible space is 1,882 square feet, and the maximum contiguous space is also 1,882 square feet. The building was renovated in 2024.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.