Shopping Center

Griffith, IN Shopping Centers for Sale

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Griffith Retail Center on 45th
Updated: Apr 8
Griffith Retail Center on 45th

1815-1955 W Glen Park Ave, Griffith, IN 46319

Contact for pricing
High visibility location on 45th (Glen Park Ave) with signage opportunities and high daily traffic counts.
Strong mix of national and local tenants, including Midwest Express, State Farm, Heights Finance, and Edward Jones.
Quick access to Chicago via 80/94.
3 miles east of US 41.
Tenant Improvement Allowance Available.
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Based on your search, we've compiled 22 Potential Opportunities for your consideration. Besides 1 Active listings in Griffith, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 13 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.

Fully Occupied Retail Center
Fully Occupied Retail Center

3300-3332 Chicago Road, South Chicago Heights, IL 60411

$5,950,000
63,148 sqft

Multi-tenant retail center in South Chicago Heights, Illinois.

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Merrillville Retail Shopping Center
Merrillville Retail Shopping Center

6110 Broadway, Merrillville, IN 46410

Contact for pricing
184,721 sqft

Multi-tenant retail center with value-add repositioning opportunities.

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Multi-Tenant Retail Shopping Center
Multi-Tenant Retail Shopping Center

7880-7896 Broadway, Merrillville, IN 46410

Contact for pricing
48,327 sqft

Liberty Square is a multi-tenant retail center on Broadway with recent roof and rooftop HVAC improvements.

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Shadow-Anchored Retail Strip Center
Shadow-Anchored Retail Strip Center

3300 Chicago Rd, South Chicago Heights, IL 60411

Contact for pricing
63,148 sqft

Strip center with Chicago Road frontage and a Jewel-Osco shadow anchor, currently 94% occupied by a tenant mix.

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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.

Vacant Land Ready For Development
Vacant Land Ready For Development

21587 Lincoln Highway, Lynwood, IL 60411

$260,000

Cleared land zoned B-3 with multiple development opportunities.

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Commercial Land in Crete, Illinois
Commercial Land in Crete, Illinois

S Country Lane lot: 14, Crete, IL 60417

$55,000
1.01 AC lot

1.01 acre commercial lot with B4 zoning near I-394.

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Merrillville Land on US 30
Merrillville Land on US 30

5103 E Lincoln, Merrillville, IN 46410

$749,900
5.15 AC lot

5+ acres on US 30 ready for development.

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Prime Commercial Land Opportunity
Prime Commercial Land Opportunity

13500 Morse Street, Cedar Lake, IN 46303

$450,000
2.35 AC lot

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

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Off-Market Properties in Griffith, IN

Consider similar Off-Market properties in Griffith, 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.

112 Rdg Rd
SHOPPING CENTER, STRIP CENTER

112 Rdg Rd, Griffith, IN 46319-1166

Value Estimation by Request
15,126 sqft 1.69 AC lot
View details
430 Rdg Rd
WHOLESALE OUTLET, DISCOUNT STORE

430 Rdg Rd, Griffith, IN 46319-1018

$3,315,000
Estimated value
118,385 sqft 10.97 AC lot
View details
202 Rdg Rd
SHOPPING CENTER, STRIP CENTER

202 Rdg Rd, Griffith, IN 46319-1041

$895,000
Estimated value
43,155 sqft 17.10 AC lot
View details
611 Rdg Rd
WHOLESALE OUTLET, DISCOUNT STORE

611 Rdg Rd, Griffith, IN 46319-1147

$5,410,000
Estimated value
44,960 sqft 4.80 AC lot
View details
507 Gln Park Ave, Unit 519
SHOPPING CENTER, STRIP CENTER

507 Gln Park Ave, Griffith, IN 46319-2321

Unit 519
Value Estimation by Request
12,500 sqft 0.65 AC lot
View details
809 Rdg Rd, Unit 819
SHOPPING CENTER, STRIP CENTER

809 Rdg Rd, Griffith, IN 46319-1151

Unit 819
Value Estimation by Request
12,250 sqft 1.05 AC lot
View details
900 Main St
WHOLESALE OUTLET, DISCOUNT STORE

900 Main St, Griffith, IN 46319

$1,105,000
Estimated value
9,100 sqft 1.95 AC lot
View details
1601-13 45th Ave
WHOLESALE OUTLET, DISCOUNT STORE

1601-13 45th Ave, Griffith, IN 46319

$1,760,000
Estimated value
19,760 sqft 0.60 AC lot
View details
110 Rdg Rd
SHOPPING CENTER, STRIP CENTER

110 Rdg Rd, Griffith, IN 46319-1012

$715,000
Estimated value
29,862 sqft 2.36 AC lot
View details
1105 Rdg Rd
SHOPPING CENTER, STRIP CENTER

1105 Rdg Rd, Griffith, IN 46319-1367

$695,000
Estimated value
31,666 sqft 1.69 AC lot
View details
1815-1955 Glen Park Ave
Neighborhood centers

1815-1955 Glen Park Ave, Griffith, IN 46319

Value Estimation by Request
40,390 sqft
View details
2023 Gln Park Ave, Unit 59
SHOPPING CENTER, STRIP CENTER

2023 Gln Park Ave, Griffith, IN 46319-3704

Unit 59
Value Estimation by Request
9,600 sqft 0.96 AC lot
View details
1817-33 45th Ave
SHOPPING CENTER, STRIP CENTER

1817-33 45th Ave, Griffith, IN 46319

$955,000
Estimated value
40,930 sqft 4.82 AC lot
View details

Griffith, IN Shopping Centers Market Trends and Statistics

Explore 14 shopping centers for sale in Griffith, IN on our real estate platform.

Sale prices for plazas in Griffith, IN average $18 — 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 2
Storefront properties 1

Demographics Overview

Population 18K
Population Growth (5Y) -0.6%
Median Household Income $75,976
College Educated 32.1%

Taxes & Financing

Tax Rate (average for all types) 2.69%
Property Tax per SF $34.73 per SF
Tax Rate vs County Average 0.37 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

Retail

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