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    Gary, IN Shopping Centers for Sale

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    Griffith, IN Hammond, IN Highland, IN
    Merrillville Retail Shopping Center
    $4,900,000
    184,721 SF
    Merrillville Retail Shopping Center

    6110 Broadway, Merrillville, IN 46410

    Multi-tenant retail center with value-add repositioning opportunities.
    • Prominent location on Broadway (State Road 53) with excellent visibility and triple‑corner exposure.
    • Significant value‑add repositioning opportunities through re‑tenanting.
    • Substantial redevelopment potential as a retail‑service hub.
    • 184,721 square foot retail center offering significant scale.
    • Quick access to U.S. 30 and I‑65, providing strong regional connectivity.
    Updated: May 17
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    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 1 Active listings in Gary, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 71 Off-Market properties to explore as potential leads, plus 4 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.

    Hammond Retail Center For Sale
    $1,600,000
    11,850 SF
    Hammond Retail Center For Sale

    11,850 SF retail center in Northwest Indiana.

    6823 Grand Ave, Hammond, IN 46323

    View details
    Retail Center Anchored by Family Dollar
    $750,000
    18,000 SF
    Retail Center Anchored by Family Dollar

    Retail shopping center with Family Dollar and vacant space.

    Sheffield Ave 3704, Hammond, IN

    View details
    Retail Property Near River Oaks
    $995,000
    9,500 SF
    Retail Property Near River Oaks

    Move-in ready retail property near River Oaks Mall.

    733 Torrence Ave, Calumet City, IL

    View details
    Calumet City Retail Investment Property
    Contact for pricing
    5,887 SF
    Calumet City Retail Investment Property

    Dual-tenant retail building with NNN leases in Calumet City, IL.

    1330 Torrence Ave, Calumet City, IL

    View details

    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.

    Merrillville Land on US 30
    $749,900
    5.15 Acres
    Merrillville Land on US 30

    5+ acres on US 30 ready for development.

    5103 E Lincoln, Merrillville, IN 46410

    View details
    Vacant Land Ready For Development
    $260,000
    Vacant Land Ready For Development

    Cleared land zoned B-3 with multiple development opportunities.

    21587 Lincoln Highway, Lynwood, IL 60411

    View details
    Prime Commercial Land Opportunity
    $450,000
    2.35 Acres
    Prime Commercial Land Opportunity

    2.34-acre commercial land for development in Cedar Lake, Indiana.

    13500 Morse Street, Cedar Lake, IN 46303

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    Commercial Land in Cedar Lake
    $450,000
    2.35 Acres
    Commercial Land in Cedar Lake

    2.34-acre commercial development opportunity in a growing area.

    13500 Morse Street, Cedar Lake, IN 46303

    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.

    6096 Broadway
    WHOLESALE OUTLET, DISCOUNT STORE
    3,074 SF Lot: 0.37 Acres
    Value Estimation by Request

    6096 Broadway, Merrillville, IN 46410-2620

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    3533 Central Ave
    SHOPPING CENTER, STRIP CENTER
    16,275 SF Lot: 0.39 Acres
    Value Estimation by Request

    3533 Central Ave, Lake Station, IN 46405-2272

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    5027-5165 81st Ave
    SHOPPING CENTER, STRIP CENTER
    41,831 SF Lot: 3.36 Acres
    Estimated value
    $3,400,000

    5027-5165 81st Ave, Merrillville, IN 46410

    View details
    4831 81st Ave, Unit 4941
    SHOPPING CENTER, STRIP CENTER
    18,000 SF Lot: 1.90 Acres
    Estimated value
    $565,000
    Unit 4941

    4831 81st Ave, Merrillville, IN 46410-5841

    View details
    3600 Grant St
    SHOPPING CENTER, STRIP CENTER
    344,991 SF Lot: 37.48 Acres
    Estimated value
    $3,985,000

    3600 Grant St, Gary, IN 46408

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    2500 37th Ave
    SHOPPING CENTER, STRIP CENTER
    4,640 SF Lot: 0.32 Acres
    Value Estimation by Request

    2500 37th Ave, Lake Station, IN 46405-2959

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    92nd Ave
    SHOPPING CENTER, STRIP CENTER
    Lot: 17.07 Acres
    Value Estimation by Request

    92nd Ave, Merrillville, IN 46410

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    303 81st Ave
    SHOPPING CENTER, STRIP CENTER
    18,930 SF Lot: 1.64 Acres
    Estimated value
    $5,275,000

    303 81st Ave, Merrillville, IN 46410-5572

    View details
    5160 81st Ave, Unit 80
    SHOPPING CENTER, STRIP CENTER
    11,704 SF Lot: 2.39 Acres
    Unit 80

    5160 81st Ave, Merrillville, IN 46410-5852

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    5190 81st Ave, Unit 5210
    SHOPPING CENTER, STRIP CENTER
    11,704 SF Lot: 2.57 Acres
    Value Estimation by Request
    Unit 5210

    5190 81st Ave, Merrillville, IN 46410-5852

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    851 57th Ave, Unit 57
    SHOPPING CENTER, STRIP CENTER
    3,567 SF Lot: 0.35 Acres
    Value Estimation by Request
    Unit 57

    851 57th Ave, Merrillville, IN 46410-2061

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    5550 Broadway
    SHOPPING CENTER, STRIP CENTER
    4,000 SF Lot: 0.40 Acres
    Value Estimation by Request

    5550 Broadway, Merrillville, IN 46410-2792

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    7750 Broadway, Unit 77
    SHOPPING CENTER, STRIP CENTER
    6,035 SF Lot: 0.58 Acres
    Value Estimation by Request
    Unit 77

    7750 Broadway, Merrillville, IN 46410-4722

    View details
    2535 Garfield St, Unit 45
    WHOLESALE OUTLET, DISCOUNT STORE
    9,360 SF Lot: 1.13 Acres
    Estimated value
    $1,215,000
    Unit 45

    2535 Garfield St, Gary, IN 46404-3568

    View details
    6063 Broadway
    SHOPPING CENTER, STRIP CENTER
    125,034 SF Lot: 8.22 Acres
    Estimated value
    $1,920,000

    6063 Broadway, Merrillville, IN 46410-2619

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    1301 Broadway
    WHOLESALE OUTLET, DISCOUNT STORE
    8,772 SF Lot: 2.32 Acres
    Estimated value
    $1,165,000

    1301 Broadway, Gary, IN 46407

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    5021 Central Ave
    SHOPPING CENTER, STRIP CENTER
    6,580 SF Lot: 0.42 Acres
    Value Estimation by Request

    5021 Central Ave, Lake Station, IN 46405-2522

    View details
    7890 Broadway
    SHOPPING CENTER, STRIP CENTER
    24,396 SF Lot: 2.30 Acres
    Estimated value
    $640,000

    7890 Broadway, Merrillville, IN 46410-5539

    View details
    3698 80th Ln
    SHOPPING CENTER, STRIP CENTER
    12,061 SF Lot: 1.17 Acres
    Value Estimation by Request

    3698 80th Ln, Merrillville, IN 46410

    View details
    4401 5th Ave
    SHOPPING CENTER, STRIP CENTER
    71,842 SF Lot: 26.98 Acres
    Estimated value
    $1,000,000

    4401 5th Ave, Gary, IN 46406-1830

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    820 61st Ave, Unit 80
    SHOPPING CENTER, STRIP CENTER
    12,800 SF Lot: 1.83 Acres
    Value Estimation by Request
    Unit 80

    820 61st Ave, Merrillville, IN 46410-2407

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    5370 Broadway, Unit 98
    SHOPPING CENTER, STRIP CENTER
    24,815 SF Lot: 2.44 Acres
    Estimated value
    $560,000
    Unit 98

    5370 Broadway, Merrillville, IN 46410-1555

    View details
    5468 Broadway, Unit 76
    SHOPPING CENTER, STRIP CENTER
    14,258 SF Lot: 3.48 Acres
    Value Estimation by Request
    Unit 76

    5468 Broadway, Merrillville, IN 46410-1648

    View details

    Gary, IN Shopping Centers Investment Opportunities Market Analysis

    Explore 72 shopping centers for sale in Gary, IN on our real estate platform. These investment opportunities span a total of 184,721 square feet of properties for sale, with an estimated market value of $4,900,000.

    Sale prices for plazas in Gary, IN start at $4,900,000, averaging $4,900,000, and reaching up to $4,900,000 — 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

    Shopping centers 11
    Automotive properties 10
    Auto shops 5
    Storefront properties 3
    Grocery and convenience stores 2

    Demographics Overview

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

    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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