Gary, IN
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    Gary, IN Retail Space for Sale

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    Griffith, IN Hammond, IN Hobart, IN
    6 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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    Commercial Space Near Miller Beach
    $50,000
    2,003 SF

    Commercial Space Near Miller Beach

    912-18 Aetna Street, Gary, IN 46403

    Affordable commercial space near Miller Beach and South Shore station.

    • Affordable commercial space
    • Located near Miller Beach area
    • Proximity to South Shore train station
    • Over 2000 square feet of building size
    • Located just off US 12 & 20 (Dunes Highway)
    Updated: May 29
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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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    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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    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 77 Potential Opportunities for your consideration. Besides 6 Active listings in Gary, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 66 Off-Market properties to explore as potential leads, plus 1 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.

    Highland Retail Opportunity on Kennedy
    $475,000
    1,664 SF

    Highland Retail Opportunity on Kennedy

    Two-unit retail building on Kennedy Avenue with high visibility.

    8327 Kennedy Avenue, Highland, IN 46322
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    Highland Mixed-Use Investment Opportunity
    $339,000
    2,893 SF

    Highland Mixed-Use Investment Opportunity

    Mixed-use property in Highland's Business District with income potential.

    2923 Jewett Avenue, Highland, IN 46322
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    Entertainment Venue in Downtown Hobart
    $2,000,000

    Entertainment Venue in Downtown Hobart

    Income-producing entertainment venue with multiple revenue streams in downtown Hobart.

    230 Main Street, Hobart, IN 46342
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    Retail Space in Hobart Center
    Contact for pricing
    2,880 SF

    Retail Space in Hobart Center

    Retail space for lease in Pavilions of Hobart.

    1403-1413 Lake Park Ave, Hobart, IN
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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.

    Prime PUD-Zoned Land Opportunity
    $1,599,000
    900 SF

    Prime PUD-Zoned Land Opportunity

    2.07 acres of PUD-zoned land in a growing corridor.

    3229 State Road 207, Elkton, FL 32033
    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)
    6,100 SF Lot: 3.85 Acres
    Estimated value
    $525,000

    1140 81st Ave, Merrillville, IN 46410-5312

    View details
    257 80th Pl
    RETAIL STORES (PERSONAL SERVICES)
    7,200 SF Lot: 2.75 Acres
    Value Estimation by Request

    257 80th Pl, Merrillville, IN 46410-5431

    View details
    265 80th Pl
    RETAIL STORES (PERSONAL SERVICES)
    7,200 SF Lot: 2.75 Acres
    Value Estimation by Request

    265 80th Pl, Merrillville, IN 46410-5431

    View details
    7530 Broadway
    RETAIL STORES (PERSONAL SERVICES)
    2,364 SF Lot: 0.19 Acres
    Value Estimation by Request

    7530 Broadway, Merrillville, IN 46410-4720

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    1022 21st Ave
    RETAIL STORES (PERSONAL SERVICES)
    1,421 SF Lot: 0.39 Acres

    1022 21st Ave, Gary, IN 46407-2815

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    3500 Ripley St
    RETAIL STORES (PERSONAL SERVICES)
    Lot: 0.08 Acres
    Value Estimation by Request

    3500 Ripley St, Lake Station, IN 46405

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    2400 Blvd Ripley St
    RETAIL STORES (PERSONAL SERVICES)
    Lot: 0.07 Acres
    Value Estimation by Request

    2400 Blvd Ripley St, Lake Station, IN 46405

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    2400 Blvd Ripley St
    RETAIL STORES (PERSONAL SERVICES)
    Lot: 0.07 Acres
    Value Estimation by Request

    2400 Blvd Ripley St, Lake Station, IN 46405

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    3550 Lincoln Hwy
    RETAIL STORES (PERSONAL SERVICES)
    29,930 SF Lot: 4.75 Acres
    Estimated value
    $2,340,000

    3550 Lincoln Hwy, Merrillville, IN 46410-5830

    View details
    5105 5th Ave
    RETAIL STORES (PERSONAL SERVICES)
    5,940 SF Lot: 0.23 Acres
    Value Estimation by Request

    5105 5th Ave, Gary, IN 46406

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    4913 Broadway, Unit 15
    RETAIL STORES (PERSONAL SERVICES)
    5,350 SF Lot: 0.13 Acres
    Estimated value
    $505,000
    Unit 15

    4913 Broadway, Gary, IN 46409-2706

    View details
    801 Central Ave
    RETAIL STORES (PERSONAL SERVICES)
    Lot: 0.08 Acres
    Value Estimation by Request

    801 Central Ave, Lake Station, IN 46405-1500

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    801 Central Ave
    RETAIL STORES (PERSONAL SERVICES)
    9,988 SF Lot: 0.10 Acres
    Value Estimation by Request

    801 Central Ave, Lake Station, IN 46405-1500

    View details
    71 Lincoln Hwy
    RETAIL STORES (PERSONAL SERVICES)
    2,866 SF Lot: 1.17 Acres
    Value Estimation by Request

    71 Lincoln Hwy, Merrillville, IN 46410

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    8180 Mississippi St
    RETAIL STORES (PERSONAL SERVICES)
    5,224 SF Lot: 1.13 Acres
    Estimated value
    $540,000

    8180 Mississippi St, Merrillville, IN 46410-6326

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    3988 Broadway, Unit 90
    RETAIL STORES (PERSONAL SERVICES)
    4,900 SF Lot: 0.06 Acres
    Value Estimation by Request
    Unit 90

    3988 Broadway, Gary, IN 46408-2705

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    4020 Georgia St
    RETAIL STORES (PERSONAL SERVICES)
    5,600 SF Lot: 0.21 Acres
    Value Estimation by Request

    4020 Georgia St, Gary, IN 46409-1836

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    2510 Rdg Rd
    RETAIL STORES (PERSONAL SERVICES)
    1,325 SF Lot: 0.07 Acres
    Value Estimation by Request

    2510 Rdg Rd, Gary, IN 46408-2064

    View details

    Gary, IN Retail Space Investment Opportunities Market Analysis

    Explore 72 retail space for sale in Gary, IN, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 21,109 square feet of properties for sale, with an estimated market value of $3,378,900.

    Sale prices for retail space in Gary, IN start at $89,900, averaging $1,689,450, and reaching up to $3,289,000 — 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

    Shopping centers 11
    Automotive properties 10
    Auto shops 5
    Grocery and convenience stores 2
    Storefront properties 2

    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 median listing prices of real estate assets

    Neighborhood Average Price
    46408 $125K

    Taxes & Financing

    Tax Rate (average for all types) 7.93%
    Property Tax per SF $79.79 per sq ft
    Tax Rate vs County Average 6.93 pp above county avg
    Average Loan-to-Value 65.0%

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