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    Merrillville, IN Storefront Properties for Sale

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    Historic Retail and Service Building
    Updated: Apr 20
    Historic Retail and Service Building

    4007 Broadway, Gary, IN 46409

    $175,000
    2,160 sqft 0.17 AC lot
    1927‑era commercial building at 4007 Broadway in Gary’s Glen Park neighborhood
    Zoned commercial; suited for continued service use, retail, or office conversions
    Public utilities: public water and public sewer
    Interior features include an entrance foyer and high ceilings
    Heating system: natural gas, central, forced air
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    Retail Parcel in TOD Zone
    Updated: Jan 18
    Retail Parcel in TOD Zone

    614 S Lake Street, Gary, IN 46403

    $263,000
    5,600 sqft 0.07 AC lot
    614 S Lake Street in Miller Beach, Indiana (East Lakefront District area)
    Transit‑Oriented Development (TOD) zone, supporting mixed‑use, retail, dining, entertainment, or cultural development
    Just steps from the brand‑new South Shore Line Train Station
    Public utilities: public water available and public sewer
    Year built: 1953
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    Retail/Office Storefront with Updates
    Retail/Office Storefront with Updates

    508 S Lake Street, Gary, IN 46403

    $89,900
    720 sqft 0.06 AC lot

    Approximately 720 sq ft retail/office space in Gary, Indiana, offered with updates needed for customization.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    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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    Flexible Retail/Office Storefront
    Flexible Retail/Office Storefront

    3906 W 11th Ave, Gary, IN 46402

    $55,000
    1,200 sqft

    Versatile storefront property formerly used as a barbershop with a flexible interior layout for multiple business concepts.

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    Corner Lot Storefront
    Corner Lot Storefront

    288 S Lake St, Gary, IN 46403

    $145,900
    2,607 sqft

    Fixer-upper storefront on a corner lot with off-street parking, offered for sale as-is with no repairs.

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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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    Laundromat Storefront For Sale
    Laundromat Storefront For Sale

    1437 E Ridge Rd, Gary, IN 46409

    Contact for pricing

    For sale laundromat storefront includes equipment and is one of two available locations.

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    Based on your search, we've compiled 16 Potential Opportunities for your consideration. Besides 8 Active listings in Merrillville, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, 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.

    Street Retail Building with Parking
    Street Retail Building with Parking

    1500 West 37th Avenue, Hobart, IN 46342

    $495,000
    2,400 sqft

    Retail building with a drive-in door, adjacent gravel lot option, and 18 paved parking spaces.

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    Retail Building with Drive-Through
    Retail Building with Drive-Through

    33 Main St, Hobart, IN 46342

    Contact for pricing
    3,400 sqft 0.25 AC lot

    Retail building with drive-through available, currently operating as a laundromat in Downtown Hobart on a triangular lot.

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    Retail Space with Adjacent Vacant Lot
    Retail Space with Adjacent Vacant Lot

    1607 Broadway St, East Chicago, IN 46312

    $54,500
    2,520 sqft

    Former bar space with recent roof and tuckpointing updates, plus a vacant lot next door included.

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    Two-Unit Corner Retail Building
    Two-Unit Corner Retail Building

    2105 Broadway St, East Chicago, IN 46312

    Contact for pricing

    Two large retail units on a corner lot, with significant 2019 exterior and interior system updates.

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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.

    Land Near Hammond Landmarks
    Land Near Hammond Landmarks

    6850 Indianapolis Blvd, Hammond, IN 46324

    $450,000
    0.45 AC lot

    0.45 acre land near YMCA, sports complex, Purdue campus.

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    Prime Dyer Location Land
    Prime Dyer Location Land

    1451 Joliet Street, Dyer, IN 46311

    $385,000
    2.00 AC lot

    High-visibility land in Dyer, suitable for various commercial uses.

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    Zoned Commercial Land Parcel
    Zoned Commercial Land Parcel

    6889 E 109th Avenue, Crown Point, IN 46307

    $285,000
    1.32 AC lot

    Vacant commercial-zoned land with access to I-65 for a range of retail, office, and service uses.

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    Valparaiso Land For Sale
    Valparaiso Land For Sale

    1000 Vale Park Road, Valparaiso, IN 46383

    $783,675
    1.70 AC lot

    Commercial land with high traffic location near amenities.

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    Merrillville, IN Storefront Properties Market Trends and Statistics

    Explore 8 storefront properties for sale in Merrillville, IN, showcased through 8 active listings on our real estate platform. These investment opportunities span a total of 14,447 square feet of properties for sale, with an estimated market value of $903,800.

    Sale prices for retail units in Merrillville, IN start at $55,000, averaging $150,633, and reaching up to $263,000 — 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 4
    Storefront properties 3
    Auto shops 1
    Automotive properties 1
    Banks 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

    Retail

    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

    • 46403
    • 46409
    • 46402
    • 46407

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