Lake Station, IN
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    Lake Station, IN Retail Properties & Spaces for Sale

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    Hammond, IN Hobart, IN Griffith, IN
    22 results
    Retail/Office Space - Blank Canvas
    $89,900
    720 SF

    Retail/Office Space - Blank Canvas

    508 S Lake Street, Gary, IN 46403

    720 sq ft retail/office space for small business owners.

    • Opportunity to own commercial space for less than rent, building equity.
    • Priced below market value, allowing for customized renovations.
    • Versatile 720 sq ft space suitable for various businesses or investment strategies.
    • Ideal for value‑add investors seeking to renovate and lease.
    • Strong income potential after renovations, offering long‑term control and appreciation.
    Updated: May 13
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    Merrillville Development Site For Sale
    $375,000
    2.84 Acres

    Merrillville Development Site For Sale

    555 E 84th Drive, Merrillville, IN 46410

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

    • Prime 2.84‑acre development site near the signalized intersection of U.S. 30 and Broadway (SR‑53).
    • Located within an established business park with restaurants, offices, financial services, retail, and healthcare.
    • High‑traffic location with close proximity to U.S. 30, Broadway (SR‑53), and Interstate 65.
    • Surrounded by dense retail, dining, residential, and commercial development.
    • Utilities available: Public Water and Sewer.
    Updated: Feb 22
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    Turnkey Pub and Grub Business
    $200,000
    3,894 SF

    Turnkey Pub and Grub Business

    Turnkey pub and grub with licenses and apartment for sale.

    2808 Dekalb Street, Lake Station, IN 46405
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    Gary, IN Commercial Property
    $200,000
    4,560 SF

    Gary, IN Commercial Property

    Commercial property operating as mechanic shop, suitable for automotive/industrial uses.

    1134 Virginia Street, Gary, IN 46407
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    Prime Commercial Parcel in Gary
    $263,000
    5,600 SF

    Prime Commercial Parcel in Gary

    Premier commercial parcel in Miller Beach's thriving East Lakefront District.

    614 S Lake Street, Gary, IN 46403
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    Prime Commercial Corner Lot
    $459,900
    2.26 Acres

    Prime Commercial Corner Lot

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

    7900 Grant Street, Merrillville, IN 46410
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    Prime Commercial Land Opportunity
    $480,000
    0.62 Acres

    Prime Commercial Land Opportunity

    0.62 acres B-3 zoned land in high-traffic area.

    3433-39 Grant Street, Gary, IN 46408
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    Commercial Garage Near I-80/94
    $560,000
    5,262 SF

    Commercial Garage Near I-80/94

    3.41 acre site with 5,262 SF building near I-80/94.

    2241 Hamlin Street, Gary, IN 46406
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    Industrial Building with Showroom
    $1,400,000
    12,400 SF

    Industrial Building with Showroom

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

    5200 Cleveland Street, Gary, IN 46410
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    Gary, IN Commercial Opportunity
    $62,000
    800 SF

    Gary, IN Commercial Opportunity

    Commercial building on a busy street, great customer potential.

    2553 W 11th Avenue, Gary, IN 46404
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    High-Traffic U.S. 30 Frontage Flex
    $590,000
    5,581 SF

    High-Traffic U.S. 30 Frontage Flex

    Flex space on U.S. 30 with redevelopment potential.

    W Lincoln Hwy 2215, Merrillville, IN
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    Restaurant with Drive-Thru Window
    Contact for pricing
    3,298 SF

    Restaurant with Drive-Thru Window

    Restaurant with drive-thru, high visibility, repurposing opportunity.

    1441 E 82nd Ave, Merrillville, IN
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    Lake Station Redevelopment Opportunity
    Contact for pricing
    9,000 SF

    Lake Station Redevelopment Opportunity

    Former gas station with convenience store and car wash.

    4301 Central Ave, Lake Station, IN 46405
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    Retail Space in Merrillville
    $1,290,000

    Retail Space in Merrillville

    Retail space available for sale in Merrillville, Indiana.

    700 East 81st Avenue, Merrillville, IN 46410
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    Walgreens Corporate Guaranteed Investment
    $3,670,000
    14,820 SF

    Walgreens Corporate Guaranteed Investment

    Walgreens investment property with robust sales and high visibility.

    1601 W 25th Ave, Gary, IN
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    Single-Tenant Cracker Barrel Investment Opportunity
    Contact for pricing
    8,327 SF

    Single-Tenant Cracker Barrel Investment Opportunity

    NNN leased Cracker Barrel with 15 years remaining near Chicago.

    6200 Opportunity Ln, Merrillville, IN
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    Prime Land Near Hard Rock Casino
    Contact for pricing
    75.21 Acres

    Prime Land Near Hard Rock Casino

    75+ acres near I-80/94 and Hard Rock Casino.

    4297 W 29th Ave, Gary, IN 46404
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    Redevelopment or Reuse Opportunity
    $950,000
    3.22 Acres

    Redevelopment or Reuse Opportunity

    Retail showroom/warehouse on 3.7 acres near I-80/94.

    3450 Grant St, Gary, IN
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    Merrillville Retail Space For Sale
    $3,289,000
    20,389 SF

    Merrillville Retail Space For Sale

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

    8205 Broadway, Merrillville, IN 46410
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    Lake Station Retail Opportunity
    $723,172
    10,920 SF

    Lake Station Retail Opportunity

    Retail property for sale in Lake Station, Indiana.

    2626 Central Ave, Lake Station, IN
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    Former Restaurant Space Available
    Contact for pricing
    3,298 SF

    Former Restaurant Space Available

    Former restaurant space in Northwest Indiana with highway access.

    1441 E 82nd Ave, Merrillville, IN 46410
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    Prime Retail Land Available
    $125,000
    1.00 Acre

    Prime Retail Land Available

    Approximately 1 acre for QSR or retail use.

    5555 W Ridge Rd (Lot 2), Gary, IN 46408
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    Based on your search, we've compiled Potential Opportunities for your consideration. Besides 22 Active Listings in Lake Station, IN, we suggest to view alternatives - similar 125 Off-Market properties to explore as potential leads.

    Off-Market Properties in Lake Station, IN

    Consider similar Off-Market properties in Lake Station, 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.

    3500 Ripley St

    3500 Ripley St

    RETAIL STORES (PERSONAL SERVICES) • 0.08 Acres
    Value Estimation by Request
    3500 Ripley St, Lake Station, IN 46405
    View details
    2400 Blvd Ripley St

    2400 Blvd Ripley St

    RETAIL STORES (PERSONAL SERVICES) • 0.07 Acres
    Value Estimation by Request
    2400 Blvd Ripley St, Lake Station, IN 46405
    View details

    Lake Station, IN Retail Properties & Spaces Investment Opportunities Market Analysis

    Explore 147 retail properties & spaces for sale in Lake Station, IN, showcased through 22 active listings on our real estate platform. These investment opportunities span a total of 84,946 square feet of properties for sale, with an estimated market value of $11,047,072.

    Sale prices for stores in Lake Station, IN start at $62,000, averaging $1,004,279, and reaching up to $3,670,000 — 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

    Automotive properties 3
    Car washes 1
    Gas stations 1
    Grocery and convenience stores 1

    Demographics Overview

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

    High-Yield Neighborhoods for Strategic Investment

    Identify Lake Station submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    46405 $325K

    Taxes & Financing

    Tax Rate (average for all types) 4.46%
    Property Tax per SF $72.47 per sq ft
    Tax Rate vs County Average 1.39 pp above county avg
    Average Loan-to-Value 65.0%

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