Shopping Center

Merrillville, IN Shopping Centers for Sale

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Griffith, IN Hammond, IN Hobart, IN Highland, IN East Chicago, IN Schererville, IN Crown Point, IN Portage, IN
Corner Shopping Center with Restaurant Space
Updated: Aug 3
Corner Shopping Center with Restaurant Space

2101 Carolina St, Gary, IN 46407

$350,000
7,125 sqft
7,125‑square‑foot shopping center divided among 6 store units
4 of the 6 units are occupied by a grocery store
Restaurant area includes fryers, freezers, refrigerators, walk‑in refrigeration, and an extra‑large hood
Brand‑new roof with newer electrical and AC units
Corner‑lot property spanning over 0.7 acres
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Merrillville Retail Shopping Center
Updated: May 17
Merrillville Retail Shopping Center

6110 Broadway, Merrillville, IN 46410

Contact for pricing
184,721 sqft
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.
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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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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.

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Based on your search, we've compiled 69 Potential Opportunities for your consideration. Besides 3 Active listings in Merrillville, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 58 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.

Multi-Tenant Shopping Center
Multi-Tenant Shopping Center

10800 S Doty Ave, Chicago, IL 60628

Contact for pricing
72,533 sqft 18.90 AC lot

Large retail property in Chicago’s Pullman Park with established commercial surroundings and a substantial consumer and employment base.

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Development Opportunity Near I-94
Development Opportunity Near I-94

NWC 111th Street & I-94 |, Chicago, IL 60628

Contact for pricing
10 sqft

Land available near I-94 with high visibility and traffic.

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Fully Occupied Retail Center
Fully Occupied Retail Center

Dixmoor, IL

Contact for pricing
8,000 sqft 0.50 AC lot

Retail center on high-traffic Halsted St, near I-80/294.

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Retail Center on Halsted Street
Retail Center on Halsted Street

Dixmoor, IL

Contact for pricing
7,800 sqft 0.44 AC lot

Retail center with high visibility and ample parking.

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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.

Commercial Land with Highway Frontage
Commercial Land with Highway Frontage

5103 E Lincoln, Merrillville, IN 46410

$749,900
5.15 AC lot

Planned B3 zoning permits office, retail, recreation, and automotive-oriented uses with utilities already serving the site.

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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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B-2 Commercial Development Land
B-2 Commercial Development Land

13500 Morse Street, Cedar Lake, IN 46303

$450,000
2.35 AC lot

B-2-zoned commercial land with public water and sewer service.

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B-2 Commercial Development Land
B-2 Commercial Development Land

13500 Morse Street, Cedar Lake, IN 46303

$450,000
2.35 AC lot

B-2-zoned commercial land with public water and public sewer access.

View details

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.

6096 Broadway
WHOLESALE OUTLET, DISCOUNT STORE

6096 Broadway, Merrillville, IN 46410-2620

Estimated value:
$285,000
3,074 sqft 0.37 AC lot
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5027-5165 81st Ave
SHOPPING CENTER, STRIP CENTER

5027-5165 81st Ave, Merrillville, IN 46410

Estimated value:
$3,400,000
41,831 sqft 3.36 AC lot
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4831 81st Ave, Unit 4941
SHOPPING CENTER, STRIP CENTER

4831 81st Ave, Merrillville, IN 46410-5841

Unit 4941
Estimated value:
$565,000
18,000 sqft 1.90 AC lot
View details
92nd Ave
SHOPPING CENTER, STRIP CENTER

92nd Ave, Merrillville, IN 46410

Estimated value:
$260,000
17.07 AC lot
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303 81st Ave
SHOPPING CENTER, STRIP CENTER

303 81st Ave, Merrillville, IN 46410-5572

Estimated value:
$5,240,000
18,930 sqft 1.64 AC lot
View details
5160 81st Ave, Unit 80
SHOPPING CENTER, STRIP CENTER

5160 81st Ave, Merrillville, IN 46410-5852

Unit 80
Estimated value:
$445,000
11,704 sqft 2.39 AC lot
View details
5190 81st Ave, Unit 5210
SHOPPING CENTER, STRIP CENTER

5190 81st Ave, Merrillville, IN 46410-5852

Unit 5210
Estimated value:
$430,000
11,704 sqft 2.57 AC lot
View details
851 57th Ave, Unit 57
SHOPPING CENTER, STRIP CENTER

851 57th Ave, Merrillville, IN 46410-2061

Unit 57
Estimated value:
$200,000
3,567 sqft 0.35 AC lot
View details
5550 Broadway
SHOPPING CENTER, STRIP CENTER

5550 Broadway, Merrillville, IN 46410-2792

Estimated value:
$165,000
4,000 sqft 0.40 AC lot
View details
7750 Broadway, Unit 77
SHOPPING CENTER, STRIP CENTER

7750 Broadway, Merrillville, IN 46410-4722

Unit 77
Estimated value:
$275,000
6,035 sqft 0.58 AC lot
View details
6063 Broadway
SHOPPING CENTER, STRIP CENTER

6063 Broadway, Merrillville, IN 46410-2619

Estimated value:
$1,920,000
125,034 sqft 8.22 AC lot
View details
7890 Broadway
SHOPPING CENTER, STRIP CENTER

7890 Broadway, Merrillville, IN 46410-5539

Estimated value:
$730,000
24,396 sqft 2.30 AC lot
View details
3698 80th Ln
SHOPPING CENTER, STRIP CENTER

3698 80th Ln, Merrillville, IN 46410

Estimated value:
$375,000
12,061 sqft 1.17 AC lot
View details
820 61st Ave, Unit 80
SHOPPING CENTER, STRIP CENTER

820 61st Ave, Merrillville, IN 46410-2407

Unit 80
Estimated value:
$350,000
12,800 sqft 1.83 AC lot
View details
5370 Broadway, Unit 98
SHOPPING CENTER, STRIP CENTER

5370 Broadway, Merrillville, IN 46410-1555

Unit 98
Estimated value:
$560,000
24,815 sqft 2.44 AC lot
View details
5468 Broadway, Unit 76
SHOPPING CENTER, STRIP CENTER

5468 Broadway, Merrillville, IN 46410-1648

Unit 76
Estimated value:
$360,000
14,258 sqft 3.48 AC lot
View details
5450 Broadway, Unit 60
SHOPPING CENTER, STRIP CENTER

5450 Broadway, Merrillville, IN 46410-1648

Unit 60
Estimated value:
$310,000
10,468 sqft 0.24 AC lot
View details
5480 Broadway
SHOPPING CENTER, STRIP CENTER

5480 Broadway, Merrillville, IN 46410-1648

Estimated value:
$305,000
9,532 sqft 0.25 AC lot
View details
5400 Broadway
SHOPPING CENTER, STRIP CENTER

5400 Broadway, Merrillville, IN 46410-1648

Estimated value:
$765,000
52,814 sqft 4.10 AC lot
View details
5466 Broadway
SHOPPING CENTER, STRIP CENTER

5466 Broadway, Merrillville, IN 46410-1648

Estimated value:
$270,000
6,386 sqft 0.14 AC lot
View details
5650 Harrison St, Unit 64
SHOPPING CENTER, STRIP CENTER

5650 Harrison St, Merrillville, IN 46410-2087

Unit 64
Estimated value:
$275,000
6,043 sqft 0.42 AC lot
View details

Merrillville, IN Shopping Centers Market Trends and Statistics

Explore 61 shopping centers for sale in Merrillville, IN, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 240,173 square feet of properties for sale, with an estimated market value of $350,000.

Sale prices for plazas in Merrillville, IN average $350,000 — 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 7
Storefront properties 7
Grocery and convenience stores 2
Auto shops 1
Automotive properties 1

Demographics Overview

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

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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