Advertise
    Merrillville, IN
    Strip Mall

    Merrillville, IN Strip Malls for Sale

    Notify Me
    List
    Map
    Griffith, IN Hammond, IN Highland, IN
    Retail Strip Center with Drive-Thru
    Updated: Jul 3
    Retail Strip Center with Drive-Thru

    399 E 81st Ave, Merrillville, IN 46410

    $6,270,000
    18,215 sqft · 1.64 AC lot
    Century Plaza is a 100% fee simple interest retail strip center in Merrillville, IN, built in 2003.
    18,215 SF retail center on approximately 1.64 acres, currently 100% occupied.
    Anchored by Panera Bread with a dedicated drive‑thru.
    Tenant roster includes nationally recognized brands such as Qdoba and Plato's Closet.
    Located at the intersection of East Lincoln Highway and Broadway with combined traffic count over 87,000 vehicles per day.
    View details
    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 48 Potential Opportunities for your consideration. Besides 1 Active listings in Merrillville, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 39 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.

    Corner Lot Strip Mall Opportunity
    Corner Lot Strip Mall Opportunity

    237 W 79th Street, Chicago, IL 60620

    $130,000
    0.16 AC lot

    Ideal corner location for a small strip mall or franchise.

    View details
    Auburn Gresham Strip Center
    Auburn Gresham Strip Center

    1640 W 79th Street, Chicago, IL 60620

    $800,000
    8,194 sqft

    Value-add 8,194 SF strip center in Auburn Gresham community.

    View details
    Homewood Strip Mall Investment Opportunity
    Homewood Strip Mall Investment Opportunity

    18660 Dixie Highway, Homewood, IL 60430

    $1,690,000
    24,634 sqft

    Established strip mall near Metra with income upside potential.

    View details
    Retail
    Retail

    17860 Halsted St, Homewood, IL 60430

    $4,392,000
    7,019 sqft

    Strip malls · 7,019 SF

    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.

    2.91 Acres Corner Location
    2.91 Acres Corner Location

    Lot 1 West Stuenkel Road, University Park, IL 60484

    Contact for pricing
    2.91 AC lot

    2.91 acres in Will County, corner location, industrial park.

    View details
    Commercial Development Land Parcel
    Commercial Development Land Parcel

    19611 Crawford Avenue, Flossmoor, IL 60422

    $399,800
    2.53 AC lot

    A 2.53-acre commercial-zoned parcel suitable for neighborhood-oriented retail or service development.

    View details
    Prime Corner Commercial Land Available
    Prime Corner Commercial Land Available

    8450 Willow Springs Road, Willow Springs, IL 60480

    $800,000
    1.90 AC lot

    Corner lot suitable for retail development, drive-thru, or subdivision.

    View details
    Elgin Land Development Opportunity
    Elgin Land Development Opportunity

    40 Acres Randall Road, Elgin, IL 60123

    $10,000,000
    40.40 AC lot

    40.4 acres on Randall Road, ideal for mixed-use development.

    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.

    5027-5165 81st Ave
    SHOPPING CENTER, STRIP CENTER

    5027-5165 81st Ave, Merrillville, IN 46410

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

    4831 81st Ave, Merrillville, IN 46410-5841

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

    92nd Ave, Merrillville, IN 46410

    Value Estimation by Request
    17.07 AC lot
    View details
    303 81st Ave
    SHOPPING CENTER, STRIP CENTER

    303 81st Ave, Merrillville, IN 46410-5572

    $5,275,000
    Estimated value
    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
    Value Estimation by Request
    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
    Value Estimation by Request
    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
    Value Estimation by Request
    3,567 sqft · 0.35 AC lot
    View details
    5550 Broadway
    SHOPPING CENTER, STRIP CENTER

    5550 Broadway, Merrillville, IN 46410-2792

    Value Estimation by Request
    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
    Value Estimation by Request
    6,035 sqft · 0.58 AC lot
    View details
    6063 Broadway
    SHOPPING CENTER, STRIP CENTER

    6063 Broadway, Merrillville, IN 46410-2619

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

    7890 Broadway, Merrillville, IN 46410-5539

    $640,000
    Estimated value
    24,396 sqft · 2.30 AC lot
    View details
    3698 80th Ln
    SHOPPING CENTER, STRIP CENTER

    3698 80th Ln, Merrillville, IN 46410

    Value Estimation by Request
    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
    Value Estimation by Request
    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
    $560,000
    Estimated value
    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
    Value Estimation by Request
    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
    Value Estimation by Request
    10,468 sqft · 0.24 AC lot
    View details
    5480 Broadway
    SHOPPING CENTER, STRIP CENTER

    5480 Broadway, Merrillville, IN 46410-1648

    Value Estimation by Request
    9,532 sqft · 0.25 AC lot
    View details
    5400 Broadway
    SHOPPING CENTER, STRIP CENTER

    5400 Broadway, Merrillville, IN 46410-1648

    $980,000
    Estimated value
    52,814 sqft · 4.10 AC lot
    View details
    5466 Broadway
    SHOPPING CENTER, STRIP CENTER

    5466 Broadway, Merrillville, IN 46410-1648

    Value Estimation by Request
    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
    Value Estimation by Request
    6,043 sqft · 0.42 AC lot
    View details
    5840 Broadway
    SHOPPING CENTER, STRIP CENTER

    5840 Broadway, Merrillville, IN 46410-2616

    Value Estimation by Request
    13,166 sqft · 1.16 AC lot
    View details
    205 Lincoln Hwy
    SHOPPING CENTER, STRIP CENTER

    205 Lincoln Hwy, Merrillville, IN 46410

    $1,190,000
    Estimated value
    62,174 sqft · 6.43 AC lot
    View details
    7970 Broadway
    SHOPPING CENTER, STRIP CENTER

    7970 Broadway, Merrillville, IN 46410-5540

    $775,000
    Estimated value
    30,276 sqft · 2.49 AC lot
    View details

    Merrillville, IN Strip Malls Market Trends and Statistics

    Explore 40 strip malls for sale in Merrillville, IN on our real estate platform. These investment opportunities span a total of 18,215 square feet of properties for sale, with an estimated market value of $6,270,000.

    Sale prices for retail strips in Merrillville, IN start at $6,270,000, averaging $6,270,000, and reaching up to $6,270,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    List
    Map

    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Shopping centers 10
    Storefront properties 2
    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.

    Need Help?

    Reach out if you need assistance with Realmo tools or have questions about your listings

    Contact Us

    Popular Searches in Merrillville, IN

    Popular Categories

    Most Searched ZIP Codes in Merrillville, IN

    • 46410

    Select Neighborhood

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!