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    Lake Station, IN Retail Properties & Spaces for Sale

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    Auto Shop with Vehicle Lifts
    Updated: Jul 6
    Auto Shop with Vehicle Lifts

    2400 W Ridge Road, Gary, IN 46408

    $440,000
    5,832 sqft 0.32 AC lot
    5,832 SF auto shop on a 0.324‑acre site
    3 vehicle lifts with open work areas
    New roof with new sheeting and updated electrical panels
    Office, tool room, parts storage, and industrial shelving
    M‑1 Light Manufacturing zoning
    View details

    This listing looks promising.

    Here's a quick look at some key insights for

    2400 W Ridge Road, Gary, IN 46408

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    • Est. Cap Rate

      7.7%
      Above avg (5.9%)

    • Est. NOI

      $34K
      Annual

    • Price @ 7% Cap

      $483K
      Above asking

    • Last Sold

      May 2020
      $58K

    • Property Type

      Commercial (General)
      Built 1949
    View Property Analytics
    Auto Shop Building with 7 Service Bays
    Updated: Jul 6
    Auto Shop Building with 7 Service Bays

    2563 W 11th Avenue, Gary, IN 46404

    $350,000
    7,200 sqft 0.29 AC lot
    7,200 SF auto shop building built in 1958
    Seven service bays plus automotive lift
    B‑2 Business District zoning
    Office area with five private offices, reception, and restrooms
    Large paved rear lot with additional parking and multiple overhead doors
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    Auto Shop Building with Five Bays
    Auto Shop Building with Five Bays

    2000 W Ridge Road, Gary, IN 46408

    $189,900
    3,088 sqft 0.24 AC lot

    Auto shop building zoned mixed use with five automotive work bays, office and restrooms, plus an adjacent lot included.

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    Retail Strip Center with Drive-Thru
    Retail Strip Center with Drive-Thru

    399 E 81st Ave, Merrillville, IN 46410

    $6,270,000
    18,215 sqft 1.64 AC lot

    Fee-simple retail strip center anchored by Panera Bread with a dedicated drive-thru at a high-traffic intersection.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Tenant-Occupied Storefront Building
    Tenant-Occupied Storefront Building

    4007 Broadway, Gary, IN 46409

    $175,000
    2,160 sqft 0.17 AC lot

    Leased commercial storefront with off-street parking, public utilities, and a Broadway address in Gary.

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    Mechanic Shop with Paint Booth
    Mechanic Shop with Paint Booth

    1134 Virginia Street, Gary, IN 46407

    $195,000
    4,560 sqft 0.17 AC lot

    Auto repair setup with office space and installed car lifts, suited for industrial automotive uses.

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    Lakefront Retail Development Parcel
    Lakefront Retail Development Parcel

    614 S Lake Street, Gary, IN 46403

    $210,400
    5,600 sqft 0.07 AC lot

    Commercial land parcel for sale in Miller Beach with area details including lot size and square footage.

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    Auto Shop with Vehicle Storage Yard
    Auto Shop with Vehicle Storage Yard

    2400 W Ridge Rd, Gary, IN 46408

    $440,000
    5,832 sqft

    M-1 Light Manufacturing zoning supports automotive, industrial, manufacturing, and service-related operations.

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    M-1 Light Manufacturing Industrial Land
    M-1 Light Manufacturing Industrial Land

    2450 W Ridge Road, Gary, IN 46408

    $189,900
    500 sqft 0.47 AC lot

    M-1 light manufacturing zoned industrial land with public water available and multiple parking options.

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    Storefront Property
    Storefront Property

    731 E 41st Avenue, Gary, IN 46409

    $54,900
    3,822 sqft 0.15 AC lot

    Storefront property with public water and sewer service.

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    Automotive Shop with Office
    Automotive Shop with Office

    2000 W Ridge Rd, Gary, IN 46408

    $189,900
    3,088 sqft

    Mixed-use zoned automotive shop features five bays, office and waiting area, plus restrooms and an included adjacent 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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    Broadway Storefront Commercial Building
    Broadway Storefront Commercial Building

    4007 Broadway, Gary, IN 46409

    $175,000
    2,160 sqft 7,300.00 AC lot

    1920s-era commercial building on Broadway with storefront configuration and zoning for commercial uses.

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    Retail Space with Parking
    Retail Space with Parking

    508 S Lake Street, Gary, IN 46403

    $89,900
    720 sqft 0.06 AC lot

    Retail space offers multiple parking options, public utilities, and natural gas availability for commercial occupancy.

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    Automotive Service Building
    Automotive Service Building

    2563 W 11th Avenue, Gary, IN 46404

    Contact for pricing
    7,000 sqft

    Multi-bay automotive building includes service bays, an automotive lift, and multiple overhead doors with a paved rear lot.

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    Dollar General NNN Investment
    Dollar General NNN Investment

    9269 West Taft Street, Merrillville, IN 46410

    Contact for pricing
    9,014 sqft

    For sale NN Dollar General investment with a specialty NNN structure and corporate-backed tenant in Merrillville, Indiana.

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    Former Gas Station with Car Wash
    Former Gas Station with Car Wash

    4301 Central Ave, Lake Station, IN 46405

    Contact for pricing
    9,000 sqft

    Former Speedway gas station with a small freestanding car wash and B-2 community commercial zoning.

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    Lake Station Redevelopment Opportunity
    Lake Station Redevelopment Opportunity

    4301 Central Ave, Lake Station, IN 46405

    Contact for pricing
    9,000 sqft

    Former gas station with convenience store and car wash.

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    Storefront Retail Building
    Storefront Retail Building

    2553 W 11th Ave, Gary, IN 46402

    $59,000
    800 sqft

    Commercial storefront positioned along W 11th Ave for a new or established business.

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    Merrillville Retail Space For Sale
    Merrillville Retail Space For Sale

    8205 Broadway, Merrillville, IN 46410

    Contact for pricing
    20,389 sqft

    20,389 SqFt retail space in Merrillville, Indiana. 7.50% CAP.

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    Merrillville Retail Shopping Center
    Merrillville Retail Shopping Center

    6110 Broadway, Merrillville, IN 46410

    Contact for pricing
    184,721 sqft

    Multi-tenant retail center with value-add repositioning opportunities.

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    Multi-Tenant Retail Shopping Center
    Multi-Tenant Retail Shopping Center

    7880-7896 Broadway, Merrillville, IN 46410

    Contact for pricing
    48,327 sqft

    Liberty Square is a multi-tenant retail center on Broadway with recent roof and rooftop HVAC improvements.

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    Zoned B2 Retail Building with Parking
    Zoned B2 Retail Building with Parking

    5001 Central Avenue, Lake Station, IN 46405

    Contact for pricing
    3,920 sqft 0.35 AC lot

    Two retail units total 3,920 sq. ft. on a 122' x 125' lot with a large parking lot and newer HVAC air units.

    View details

    Lake Station, IN Retail Properties & Spaces Market Trends and Statistics

    Explore 72 retail properties & spaces for sale in Lake Station, IN, showcased through 43 active listings on our real estate platform. These investment opportunities span a total of 371,180 square feet of properties for sale, with an estimated market value of $11,311,700.

    Sale prices for stores in Lake Station, IN start at $42,900, averaging $565,585, and reaching up to $6,270,000 — 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

    Automotive properties 4
    Car washes 2
    Gas stations 2
    Drug stores 1

    Demographics Overview

    Population 12K
    Population Growth (5Y) +0.5%
    Median Household Income $57,005
    College Educated 13.0%

    Taxes & Financing

    Tax Rate (average for all types) 4.46%
    Property Tax per SF $72.47 per SF
    Tax Rate vs County Average 1.39 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

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    Most Searched ZIP Codes in Lake Station, IN

    • 46410
    • 46405
    • 46408
    • 46407
    • 46409
    • 46403
    • 46402
    • 46404
    • 46406

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