Granger, IN Retail Properties & Spaces for Sale

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Updated: Apr 9, 2025

Fully Occupied Retail Center For Sale

12479 Adams Rd, Granger, IN

$2,805,000

14,422 sqft 2.19 AC lot

100% occupied shopping center with long term tenancy and annual rent bumps.
True NNN leases on all tenants limits landlord responsibilities.
Anchored by Beef O Brady’s who has been at this site for over 18 years.
Located in an affluent upper middle class community with more than 50,000 residents.
Strong tenant mix of both national and established local tenants with a WALT of 4.00 years.

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This listing looks promising.

Here's a quick look at some key insights for

12479 Adams Rd, Granger, IN

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Est. Cap Rate

7.1%
Above avg (5.9%)
Est. NOI

$200K
Annual
Mortgage

$2.43M
Jan 2026
Property Type

Retail Stores
Built 2007

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Updated: Aug 22, 2024

Unique Barn Style Retail Property

12650 Adams Rd, Granger, IN 46530

$895,000

4,008 sqft

Prime location on highly desirable Adams Rd./State Road 23 in Granger with approx. 89 FT of frontage.
Unique barn‑style retail property with high ceilings and loft.
Located in a high retail and restaurant area near the corner of SR 23 and Bittersweet Rd.
Convenient access: Only 5 minutes from the Indiana Toll Road and 10 miles from the US 20 Bypass.
Zoned County C: Commercial.

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Multi-Unit Flex and Warehouse Property

51539 Bittersweet Rd, Granger, IN 46530

$999,000

Well-maintained property with seven retail/office units and a warehouse operating as a fitness training facility.

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Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 3 Active listings in Granger, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 69 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.

Restaurant Opportunity Near Garver Lake

25020 May St, Edwardsburg, MI

$650,000

5,069 sqft 1.41 AC lot

Former restaurant with lake access and equipment included for sale.

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Turnkey Restaurant and Bar

69213 M-62, Edwardsburg, MI 49112

$700,000

2,484 sqft 0.87 AC lot

Turnkey restaurant and bar with commercial kitchen, liquor license transfer, and prominent M-62 frontage.

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Retail Investment Property

12487 McKinley Hwy, Mishawaka, IN 46545

Contact for pricing

For sale retail property offered with a 6.50% cap rate and 9,100 SF of space.

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Retail Property Near University Mall

6526 Grape Rd, Mishawaka, IN

$2,249,080

1.13 AC lot

Retail property for sale near University Park Mall entrance.

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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.

Commercial Land For Sale

70163 M 62, Edwardsburg, MI 49112

$1,878,000

18.70 AC lot

Commercial land with frontage on M 62, Edwardsburg, MI.

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Commercial Development Land Parcel

15731 SR 23 Highway, Granger, IN 46530

$1,750,000

3.03 AC lot

3.03-acre parcel along SR 23 suited for retail or mixed-use development, with current Residential zoning.

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High-Visibility Development Land

15731 SR 23 Highway, Granger, IN 46530

$1,750,000

3.03 AC lot

Over 3 acres on SR 23 in Granger with nearby retail centers and daily traffic counts, suited for commercial-minded development planning.

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Commercial Land with Highway Frontage

10199 McKinley Highway, Osceola, IN 46561

$235,000

2.39 AC lot

2.39-acre parcel with 170+ feet of highway frontage for commercial development in Osceola, Indiana.

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Off-Market Properties in Granger, IN

Consider similar Off-Market properties in Granger, 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.

FINANCIAL BUILDING

Adams Rd, Granger, IN 46530

Value Estimation by Request

1.18 AC lot

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RETAIL STORES (PERSONAL SERVICES)

13060 Adams Rd, Granger, IN 46530-8787

$895,000

Estimated value

14,859 sqft 2.11 AC lot

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RETAIL STORES (PERSONAL SERVICES)

12990 Adams Rd, Granger, IN 46530-7895

Value Estimation by Request

3,000 sqft 4.38 AC lot

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RETAIL STORES (PERSONAL SERVICES)

225 Florence Ave, Granger, IN 46530-8048

Unit H7

Value Estimation by Request

2,165 sqft 12.47 AC lot

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CONVENIENCE STORE

15918 State Rd 23, Granger, IN 46530

Value Estimation by Request

4,430 sqft 0.71 AC lot

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RESTAURANT

13020 State Rd 23, Granger, IN 46530-5635

Value Estimation by Request

4,950 sqft 1.01 AC lot

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RETAIL STORES (PERSONAL SERVICES)

13190 State Rd 23, Granger, IN 46530-9643

$550,000

Estimated value

9,100 sqft 1.91 AC lot

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RESTAURANT

6615 Main St, Granger, IN 46530-7494

Value Estimation by Request

5,396 sqft 1.54 AC lot

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FINANCIAL BUILDING

13050 State Rd 23, Granger, IN 46530-5635

Value Estimation by Request

4,352 sqft 2.16 AC lot

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RESTAURANT

512 Cleveland Rd, Granger, IN 46530-5101

Value Estimation by Request

10,901 sqft 2.31 AC lot

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SHOPPING CENTER, STRIP CENTER

Martins Shopping Strip Mall, Granger, IN 46530

$605,000

Estimated value

17,148 sqft 5.24 AC lot

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SHOPPING CENTER, STRIP CENTER

408 Cleveland Rd, Granger, IN 46530-9577

Unit 420

Value Estimation by Request

9,101 sqft 0.69 AC lot

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PARKING LOT

12623 Alexander Dr, Granger, IN 46530

Value Estimation by Request

0.84 AC lot

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DRIVE-THRU RESTAURANT, FAST FOOD

16224 Douglas Rd, Granger, IN 46530

Value Estimation by Request

1,554 sqft 1.00 AC lot

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RETAIL STORES (PERSONAL SERVICES)

12806 Sandy Ct, Granger, IN 46530-4309

$3,895,000

Estimated value

22,750 sqft 1.47 AC lot

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CAR WASH

15046 State Rd 23, Granger, IN 46530-9211

Value Estimation by Request

3,700 sqft 1.50 AC lot

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RETAIL STORES (PERSONAL SERVICES)

12670 Adams Rd, Granger, IN 46530-4325

Value Estimation by Request

4,718 sqft 0.67 AC lot

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RESTAURANT

12634 Adams Rd, Granger, IN 46530-6875

$615,000

Estimated value

12,240 sqft 1.70 AC lot

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PARKING LOT

12685 Adams Rd, Granger, IN 46530-9641

Value Estimation by Request

3,648 sqft 0.55 AC lot

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PARKING LOT

12707 Adams Rd, Granger, IN 46530-9642

Value Estimation by Request

0.29 AC lot

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RETAIL STORES (PERSONAL SERVICES)

12479 Adams Rd, Granger, IN 46530-8040

$920,000

Estimated value

14,796 sqft 2.34 AC lot

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Granger, IN Retail Properties & Spaces Market Trends and Statistics

Explore 72 retail properties & spaces for sale in Granger, IN, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 18,430 square feet of properties for sale, with an estimated market value of $3,700,000.

Sale prices for stores in Granger, IN start at $895,000, averaging $1,850,000, and reaching up to $2,805,000 — 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

Demographics Overview

Population 32K

Population Growth (5Y) +1.0%

Median Household Income $114,684

College Educated 77.4%

High-Yield Neighborhoods for Investment

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

Neighborhood	Average Price
46530	$895K

Taxes & Financing

Tax Rate (average for all types) 1.87%

Property Tax per SF $41.92 per SF

Tax Rate vs County Average 0.60 pp below county avg

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in St. Joseph County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in Granger fall within the 25,000 to 50,000 square foot range.

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Granger, IN Retail Properties & Spaces for Sale

12479 Adams Rd, Granger, IN

12650 Adams Rd, Granger, IN 46530

51539 Bittersweet Rd, Granger, IN 46530

Opportunities in Nearby Cities

25020 May St, Edwardsburg, MI

69213 M-62, Edwardsburg, MI 49112

12487 McKinley Hwy, Mishawaka, IN 46545

6526 Grape Rd, Mishawaka, IN

Potential Development Sites for Consideration

70163 M 62, Edwardsburg, MI 49112

15731 SR 23 Highway, Granger, IN 46530

15731 SR 23 Highway, Granger, IN 46530

10199 McKinley Highway, Osceola, IN 46561

Off-Market Properties in Granger, IN

Adams Rd, Granger, IN 46530

13060 Adams Rd, Granger, IN 46530-8787

12990 Adams Rd, Granger, IN 46530-7895

225 Florence Ave, Granger, IN 46530-8048

15918 State Rd 23, Granger, IN 46530

13020 State Rd 23, Granger, IN 46530-5635

13190 State Rd 23, Granger, IN 46530-9643

6615 Main St, Granger, IN 46530-7494

13050 State Rd 23, Granger, IN 46530-5635

512 Cleveland Rd, Granger, IN 46530-5101

Martins Shopping Strip Mall, Granger, IN 46530

408 Cleveland Rd, Granger, IN 46530-9577

12623 Alexander Dr, Granger, IN 46530

16224 Douglas Rd, Granger, IN 46530

12806 Sandy Ct, Granger, IN 46530-4309

15046 State Rd 23, Granger, IN 46530-9211

12670 Adams Rd, Granger, IN 46530-4325

12634 Adams Rd, Granger, IN 46530-6875

12685 Adams Rd, Granger, IN 46530-9641

12707 Adams Rd, Granger, IN 46530-9642

12479 Adams Rd, Granger, IN 46530-8040

Granger, IN Retail Properties & Spaces Market Trends and Statistics

Top Commercial Asset Segments

Demographics Overview

High-Yield Neighborhoods for Investment

Taxes & Financing

Listings Trend

Total CRE Inventory on Market (SF)

Property Size Breakdown

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