Retail

Gary, IN Retail Space for Sale

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21 properties
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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 Property
Updated: Jul 23
Storefront Property

731 E 41st Avenue, Gary, IN 46409

$54,900
3,822 sqft 0.15 AC lot
3,822‑square‑foot storefront property
0.147‑acre parcel
Built in 1947
Public water source
Public sewer service
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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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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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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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Zoned B2 Retail Building with Parking
Zoned B2 Retail Building with Parking

5001 Central Avenue, Lake Station, IN 46405

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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.

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Mixed-Use Property
Mixed-Use Property

5425 Melton Rd, Gary, IN 46403

$60,000
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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Retail Building with Drive-In Access
Retail Building with Drive-In Access

7590 Broadway, Merrillville, IN 46410

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10,000 sqft 1.50 AC lot

Brick and frame retail building includes a large open showroom plus a 1,500 sf warehouse with a drive-in door.

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Commercial Space with Customer Deck
Commercial Space with Customer Deck

2251 Ripley St, Lake Station, IN 46405

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798 sqft

Nearly 100 feet of frontage near Greenfields, with a reception area, deck, and full basement.

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Brick Salon and Retail Units
Brick Salon and Retail Units

4481 Broadway, Gary, IN 46408

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Two brick commercial units, including a move-in-ready upper salon with private suites and shampoo stations.

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Two-Story Retail Storefront
Two-Story Retail Storefront

8102 Georgia St, Merrillville, IN 46410

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Two-level retail property with upstairs currently fully rented and downstairs available for occupancy starting February 1, 2022.

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Two-Tenant Retail Property
Two-Tenant Retail Property

1435-1437 W 25th Avenue, Gary, IN 46407

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Two retail tenants, including Family Dollar and Super Value Beauty, with recent renovations and Family Dollar corporate guarantee.

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Mixed-Use Building with Apartment
Mixed-Use Building with Apartment

7145 Broadway, Merrillville, IN 46410

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Mixed-use building with an updated upstairs apartment and full dry basement storage.

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Mixed-Use Retail and Apartment Building
Mixed-Use Retail and Apartment Building

4400 Liverpool Road, Lake Station, IN 46405

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Mixed-use building previously used as a retail store and pizza restaurant, with an attached 3-bedroom apartment.

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Mixed-Entry Retail Building
Mixed-Entry Retail Building

1600 Broadway, Gary, IN 46407

$42,900

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

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Leased Retail Property
Leased Retail Property

801 Central Ave, Lake Station, IN 46405

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Fully leased retail property offered for sale, suitable for an investor or owner-user.

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Brick Retail Building on Central Ave
Brick Retail Building on Central Ave

3709 Central Avenue, Lake Station, IN 46405

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Brick retail building offers strong visibility and frontage along Central Ave, with partial work completed and more needed.

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Retail Building for Your Concept
Retail Building for Your Concept

1033-39 W 25th Ave, Gary, IN 46407

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For-sale retail building at 1033-39 W 25th Ave in Gary, Indiana, offered for occupancy or redevelopment.

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Storefront Property with Open Canvas
Storefront Property with Open Canvas

3812 Broadway, Gary, IN 46408

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Partially demolished and framed commercial building offered with a second Broadway property.

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Three-Entrance Retail Space
Three-Entrance Retail Space

3706 Hayes St, Gary, IN 46408

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Corner-lot property with multiple addresses, on-site parking, and perimeter lighting.

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Based on your search, we've compiled Potential Opportunities for your consideration. Besides 21 Active Listings in Gary, IN, we suggest to view alternatives - similar 51 Off-Market properties to explore as potential leads.

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

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

257 80th Pl, Merrillville, IN 46410-5431

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

265 80th Pl, Merrillville, IN 46410-5431

$280,000
Estimated value
7,200 sqft 2.75 AC lot
View details

Gary, IN Retail Space Market Trends and Statistics

Explore 72 retail space for sale in Gary, IN, showcased through 21 active listings on our real estate platform. These investment opportunities span a total of 45,190 square feet of properties for sale, with an estimated market value of $2,347,800.

Sale prices for retail space in Gary, IN start at $42,900, averaging $335,400, and reaching up to $1,290,000 — 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 21
Storefront properties 14
Auto shops 13
Shopping centers 9
Grocery and convenience stores 4

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 $85.2K
46409 $175K

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)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Lake County

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