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    Merrillville, 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
    View details
    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 Merrillville, 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

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    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)
    6,100 SF Lot: 3.85 Acres
    Estimated value
    $525,000

    1140 81st Ave, Merrillville, IN 46410-5312

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    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

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    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

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    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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    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

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    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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    1117 Lincoln Hwy
    RETAIL STORES (PERSONAL SERVICES)
    15,910 SF Lot: 0.94 Acres
    Estimated value
    $730,000

    1117 Lincoln Hwy, Merrillville, IN 46410-5324

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    8102 Georgia St
    RETAIL STORES (PERSONAL SERVICES)
    6,654 SF Lot: 0.57 Acres
    Estimated value
    $620,000

    8102 Georgia St, Merrillville, IN 46410-6225

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    6190 Broadway
    RETAIL STORES (PERSONAL SERVICES)
    5,924 SF Lot: 0.50 Acres
    Value Estimation by Request

    6190 Broadway, Merrillville, IN 46410-3002

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    2891 81st Ave
    RETAIL STORES (PERSONAL SERVICES)
    22,289 SF Lot: 2.32 Acres
    Estimated value
    $755,000

    2891 81st Ave, Merrillville, IN 46410-5807

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    2871 81st Ave
    RETAIL STORES (PERSONAL SERVICES)
    7,499 SF Lot: 0.76 Acres
    Estimated value
    $755,000

    2871 81st Ave, Merrillville, IN 46410-5807

    View details
    251 80th Pl
    RETAIL STORES (PERSONAL SERVICES)
    7,200 SF Lot: 2.75 Acres
    Value Estimation by Request

    251 80th Pl, Merrillville, IN 46410-5431

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    4343 Lincoln Hwy
    RETAIL STORES (PERSONAL SERVICES)
    2,560 SF Lot: 1.01 Acres
    Value Estimation by Request

    4343 Lincoln Hwy, Merrillville, IN 46410-5816

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    7375 Broadway
    RETAIL STORES (PERSONAL SERVICES)
    3,750 SF Lot: 0.45 Acres
    Value Estimation by Request

    7375 Broadway, Merrillville, IN 46410-4716

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    6521 Broadway
    RETAIL STORES (PERSONAL SERVICES)
    2,000 SF Lot: 0.11 Acres
    Value Estimation by Request

    6521 Broadway, Merrillville, IN 46410-3009

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    7303 Broadway
    RETAIL STORES (PERSONAL SERVICES)
    2,400 SF Lot: 0.32 Acres
    Value Estimation by Request

    7303 Broadway, Merrillville, IN 46410-4716

    View details
    5516 Broadway
    RETAIL STORES (PERSONAL SERVICES)
    975 SF Lot: 0.07 Acres
    Value Estimation by Request

    5516 Broadway, Merrillville, IN 46410-2633

    View details

    Merrillville, IN Retail Space Investment Opportunities Market Analysis

    Explore 72 retail space for sale in Merrillville, IN, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 23,112 square feet of properties for sale, with an estimated market value of $3,428,900.

    Sale prices for retail space in Merrillville, IN start at $50,000, averaging $1,142,966, 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
    Auto shops 1
    Automotive properties 1
    Banks 1
    Storefront properties 1

    Property Size Breakdown

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

    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 median listing prices of real estate assets

    Neighborhood Average Price
    46410 $2.3M

    Taxes & Financing

    Tax Rate (average for all types) 2.32%
    Property Tax per SF $33.26 per sq ft
    Tax Rate vs County Average 0.75 pp below county avg
    Average Loan-to-Value 65.0%

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