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    Merrillville, 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
    View details
    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 what stands out in Lake County

    We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

    We check every listing here. A few are worth a second look.

    Cap Rate available after sign in
    NOI available after sign in
    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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    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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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    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
    Retail Space

    1995 Southlake Mall, Merrillville, IN 46410

    Contact for pricing
    144,000 sqft

    Substantial retail footprint positioned within Southlake Mall for commercial occupancy.

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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

    Contact for pricing
    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

    Contact for pricing
    798 sqft

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

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    Occupied Self Storage Facility
    Occupied Self Storage Facility

    6149 Cleveland St, Merrillville, IN 46410

    Contact for pricing
    15,859 sqft

    Commercial building with an established on-site occupant and a large underlying parcel.

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

    4400 Liverpool Road, Lake Station, IN 46405

    Contact for pricing

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

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    Storefront Property with Open Canvas
    Storefront Property with Open Canvas

    3812 Broadway, Gary, IN 46408

    Contact for pricing

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

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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

    Contact for pricing

    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

    Contact for pricing

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

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    Three-Entrance Retail Space
    Three-Entrance Retail Space

    3706 Hayes St, Gary, IN 46408

    Contact for pricing

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

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    Retail Space with Separate Entry
    Retail Space with Separate Entry

    7020 Broadway, Merrillville, IN 46410

    Contact for pricing

    C-2-zoned property offers flexible retail or office configuration across multiple levels with parking and nearly one acre of land.

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    Retail Building for Your Concept
    Retail Building for Your Concept

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

    Contact for pricing

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

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    Based on your search, we've compiled Potential Opportunities for your consideration. Besides 20 Active Listings in Merrillville, IN, we suggest to view alternatives - similar 52 Off-Market properties to explore as potential leads.

    Off-Market Properties in Merrillville, IN

    Consider similar Off-Market properties in Merrillville, 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
    7530 Broadway
    RETAIL STORES (PERSONAL SERVICES)

    7530 Broadway, Merrillville, IN 46410-4720

    $275,000
    Estimated value
    2,364 sqft 0.19 AC lot
    View details

    Merrillville, IN Retail Space Market Trends and Statistics

    Explore 72 retail space for sale in Merrillville, IN, showcased through 20 active listings on our real estate platform. These investment opportunities span a total of 215,949 square feet of properties for sale, with an estimated market value of $5,166,540.

    Sale prices for retail space in Merrillville, IN start at $42,900, averaging $645,817, 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

    Shopping centers 8
    Storefront properties 7
    Automotive properties 2
    Grocery and convenience stores 2
    Auto shops 1

    Demographics Overview

    Population 39K
    Population Growth (5Y) +2.0%
    Median Household Income $61,735
    College Educated 16.4%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    46410 $1.3M

    Taxes & Financing

    Tax Rate (average for all types) 2.32%
    Property Tax per SF $33.26 per SF
    Tax Rate vs County Average 0.75 pp below 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

    Office

    Property Size Breakdown

    The majority of commercial real estate listings in Merrillville fall within the 10,000 to 25,000 square foot range.

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    Most Searched ZIP Codes in Merrillville, IN

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

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