Retail

Gary, IN Retail Space for Sale

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Leased Storefront Property
Updated: Apr 20
Leased Storefront Property

4007 Broadway, Gary, IN 46409

$175,000
2,160 sqft 0.17 AC lot
2,160‑square‑foot storefront building on a 0.169‑acre parcel
1927 construction with entrance foyer and high ceilings
Tenant‑occupied by Ace Cleaners and Tailors
Located at 4007 Broadway in Gary’s Glen Park neighborhood
Off‑street parking with public water and public sewer
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Storefront Retail Property
Updated: Jul 23
Storefront Retail Property

731 E 41st Avenue, Gary, IN 46409

$54,900
3,822 sqft 0.15 AC lot
3,822‑square‑foot storefront retail property
0.147‑acre parcel
Building constructed in 1947
Public water source
Public sewer service
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Walgreens Absolute NNN Property
Walgreens Absolute NNN Property

2500 Grant Street, Gary, IN 46404

$2,818,740
14,820 sqft

Walgreens property with tenant-funded taxes, insurance, maintenance, and structural repairs.

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See hot listings in Gary

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
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Local Demand available after sign in
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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Leased Mixed-Use Property
Leased Mixed-Use Property

2800 Dekalb St, Lake Station, IN 46405

$550,000
1,005 sqft

Two-level property combines leased commercial occupancy with residential units in Lake Station.

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Corner Car Wash Facility
Corner Car Wash Facility

4921-31 W 5th Avenue, Gary, IN 46406

Contact for pricing
5,376 sqft

Former car wash with auto-detailing improvements, overhead doors, and supplemental retail or service space.

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Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
Mixed-Entry Retail Building
Mixed-Entry Retail Building

1600 Broadway, Gary, IN 46407

$42,900
6,094 sqft

Building includes three retail spaces with two storefront units on Broadway and an additional unit with entry on 16th Ave.

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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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Mixed-Use Property
Mixed-Use Property

5425 Melton Rd, Gary, IN 46403

$50,000
936 sqft

Combines commercial space with residential opportunities at 5425 Melton Road.

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Retail Space in Merrillville
Retail Space in Merrillville

700 East 81st Avenue, Merrillville, IN 46410

$1,290,000

Retail space available for sale in Merrillville, Indiana.

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Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 10 Active listings in Gary, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 62 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.

Storefront Property with Basement
Storefront Property with Basement

6635-37 Kennedy Avenue, Hammond, IN 46323

$295,000
6,700 sqft 0.14 AC lot

The building offers basement space and forced-air heating fueled by natural gas.

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Updated Storefront with Office Areas
Updated Storefront with Office Areas

804 E 3rd St, Hobart, IN 46342

$155,000
1,220 sqft

B-2 zoning supports professional, retail, medical, salon, service, and other permitted business uses.

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Storefront Building with Basement
Storefront Building with Basement

6625 Kennedy Avenue, Hammond, IN 46323

$175,000
1,250 sqft 0.07 AC lot

The property includes public water and sewer service, central and forced-air heating, and on-street parking.

View details
13-Unit Mixed-Use Property
13-Unit Mixed-Use Property

602-610 E THIRD ST, Hobart, IN 46342

Contact for pricing

Three connected buildings combine apartments and storefronts, with one retail suite available for occupancy.

View details

Off-Market Properties in Gary, IN

Consider similar Off-Market properties in Gary, 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.

1140 81st Ave
RETAIL STORES (PERSONAL SERVICES)

1140 81st Ave, Merrillville, IN 46410-5312

Estimated value:
$330,000
6,100 sqft 3.85 AC lot
View details
257 80th Pl
RETAIL STORES (PERSONAL SERVICES)

257 80th Pl, Merrillville, IN 46410-5431

Estimated value:
$285,000
7,200 sqft 2.75 AC lot
View details
265 80th Pl
RETAIL STORES (PERSONAL SERVICES)

265 80th Pl, Merrillville, IN 46410-5431

Estimated value:
$280,000
7,200 sqft 2.75 AC lot
View details
7530 Broadway
RETAIL STORES (PERSONAL SERVICES)

7530 Broadway, Merrillville, IN 46410-4720

Estimated value:
$275,000
2,364 sqft 0.19 AC lot
View details
1022 21st Ave
RETAIL STORES (PERSONAL SERVICES)

1022 21st Ave, Gary, IN 46407-2815

Estimated value:
$275,000
1,421 sqft 0.39 AC lot
View details
3500 Ripley St
RETAIL STORES (PERSONAL SERVICES)

3500 Ripley St, Lake Station, IN 46405

Estimated value:
$365,000
0.08 AC lot
View details
2400 Blvd Ripley St
RETAIL STORES (PERSONAL SERVICES)

2400 Blvd Ripley St, Lake Station, IN 46405

Estimated value:
$300,000
0.07 AC lot
View details
2400 Blvd Ripley St
RETAIL STORES (PERSONAL SERVICES)

2400 Blvd Ripley St, Lake Station, IN 46405

Estimated value:
$355,000
0.07 AC lot
View details
3550 Lincoln Hwy
RETAIL STORES (PERSONAL SERVICES)

3550 Lincoln Hwy, Merrillville, IN 46410-5830

Estimated value:
$2,340,000
29,930 sqft 4.75 AC lot
View details
5105 5th Ave
RETAIL STORES (PERSONAL SERVICES)

5105 5th Ave, Gary, IN 46406

Estimated value:
$270,000
5,940 sqft 0.23 AC lot
View details
4913 Broadway, Unit 15
RETAIL STORES (PERSONAL SERVICES)

4913 Broadway, Gary, IN 46409-2706

Unit 15
Estimated value:
$505,000
5,350 sqft 0.13 AC lot
View details
801 Central Ave
RETAIL STORES (PERSONAL SERVICES)

801 Central Ave, Lake Station, IN 46405-1500

Estimated value:
$250,000
0.08 AC lot
View details
801 Central Ave
RETAIL STORES (PERSONAL SERVICES)

801 Central Ave, Lake Station, IN 46405-1500

Estimated value:
$305,000
9,988 sqft 0.10 AC lot
View details
71 Lincoln Hwy
RETAIL STORES (PERSONAL SERVICES)

71 Lincoln Hwy, Merrillville, IN 46410

Estimated value:
$305,000
2,866 sqft 1.17 AC lot
View details

Gary, IN Retail Space Market Trends and Statistics

Explore 72 retail space for sale in Gary, IN, showcased through 10 active listings on our real estate platform. These investment opportunities span a total of 56,762 square feet of properties for sale, with an estimated market value of $5,156,540.

Sale prices for retail space in Gary, IN start at $42,900, averaging $644,567, and reaching up to $2,818,740 — 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

Storefront properties 19
Automotive properties 17
Auto shops 12
Shopping centers 6
Grocery and convenience stores 3

Demographics Overview

Population 124K
Population Growth (5Y) -7.7%
Median Household Income $47,747
College Educated 15.8%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
46407 $42.9K
46403 $50K
46409 $135K
46404 $2.8M

Taxes & Financing

Tax Rate (average for all types) 7.93%
Property Tax per SF $79.79 per SF
Tax Rate vs County Average 6.93 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)

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