Gary, IN Warehouses for Sale

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Griffith, IN Hammond, IN Highland, IN

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Updated: Apr 8

Industrial Building with Showroom

5200 Cleveland Street, Gary, IN 46410

$1,400,000

12,400 sqft · 2.15 AC lot

Excellent location near I‑80/94, US‑20, and I‑65 providing easy access throughout Northwest Indiana and the greater Chicagoland area.
12,400 SF industrial building on a fully fenced 2.15‑acre lot, offering secure outdoor space.
Includes a front showroom and office area with strong street visibility.
Warehouse space with three 14’ drive‑in doors and 28’ peak ceiling height.
Newer roof (approximately 5 years old) and brand‑new electronic sign.

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This listing looks promising.

Here's a quick look at some key insights for

5200 Cleveland Street, Gary, IN 46410

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Est. Cap Rate

6.2%
Above avg (5.9%)
Est. NOI

$87K
Annual
Price @ 7% Cap

$1.25M
Suggested
Property Type

Auto Repair, Garage
Built 1969

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Updated: Jun 18

Versatile Commercial Building with Open Layout

2535 Garfield Street, Gary, IN 46404

$650,000

9,360 sqft · 1.13 AC lot

Approximately 9,360 SF of versatile commercial space for office, retail, warehouse, or service uses
Open and adaptable layout with high ceilings and an open floorplan
Natural gas forced‑air heating with a gas water heater
Public water and public sewer services
Private yard and exterior lighting included

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Flex Office and Heated Garage

8213 Clay Street, Merrillville, IN 46410

$239,900

1,550 sqft · 0.46 AC lot

Two-building setup with a renovated office and fully heated garage for storage, shipping, or fleet parking.

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Commercial Garage Near I-80/94

2241 Hamlin Street, Gary, IN 46406

$560,000

5,262 sqft · 3.41 AC lot

3.41 acre site with 5,262 SF building near I-80/94.

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M1-Zoned Flex Industrial Building

8474 South Colorado Street, Merrillville, IN 46410

$4,000,000

37,000 sqft · 1.82 AC lot

Vacant 37,000 SF flex industrial building on 1.82 acres, suited for owner-users or light industrial conversions.

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Industrial Warehouse with Ample Acreage

6602 West 9th Avenue, Gary, IN 46406

Contact for pricing

10,800 sqft

10,800 SF warehouse on 3 acres with expansion potential.

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Gary Industrial Property for Sale

5700 West 23rd Avenue, Gary, IN 46406

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Industrial property available for sale in Gary, Indiana.

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Gary, Indiana Self-Storage Facility

3721 N Colfax St, Gary, IN 46408

$2,000,000

Self-storage facility for sale in Gary, Indiana.

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Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 8 Active listings in Gary, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 64 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.

Flex Warehouse with Office Area

917 Conkey Street, Hammond, IN 46320

$339,900

3,240 sqft · 0.12 AC lot

Flexible open-layout warehouse with overhead garage doors and a client waiting room, supported by multiple recent building updates.

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Crown Point Industrial Warehouse Space

1019 E Summit Street, Crown Point, IN 46307

$3,900,000

45,966 sqft · 2.50 AC lot

46,000 SF industrial warehouse on 2.5 acres near I-65.

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Versatile Industrial/Flex Space Building

6547 Kennedy Avenue, Hammond, IN 46323

$625,000

10,370 sqft

10,370 SF industrial/flex space, minutes from the expressway.

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Industrial Warehouse with Bridge Cranes

1019 E Summit St, Crown Point, IN 46307

$3,900,000

45,966 sqft

Industrial warehouse on 2.5 acres with heated space, multiple overhead doors, and cranes up to 10 tons.

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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.

East Chicago Land Opportunity

1300 W 145th Street, East Chicago, IN 46312

$329,900

4.08 AC lot

Acreage near 80/94, ideal for manufacturing or storage.

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Cedar Lake Industrial Land Available

13801 Alexander Street, Cedar Lake, IN 46303

$382,500

1.30 AC lot

1.3 acre lot in Railside Business Park, Cedar Lake.

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Cedar Lake Land For Sale

13831 Alexander Street, Cedar Lake, IN 46303

$382,500

1.35 AC lot

1.35 acre lot in Railside Business Park, Cedar Lake.

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Valparaiso Vacant Land For Sale

Silhavy Road, Valparaiso, IN 46383

$350,000

16.04 AC lot

16.04 acres of vacant land, excellent for warehouse.

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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.

WAREHOUSE, STORAGE

1503 91st Dr, Merrillville, IN 46410-7177

Value Estimation by Request

8,400 sqft · 0.67 AC lot

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WAREHOUSE, STORAGE

1434 11th Ave, Gary, IN 46402-2822

$2,070,000

Estimated value

151,550 sqft · 12.89 AC lot

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STORAGE YARD, OPEN STORAGE

669 Grand Blvd, Gary, IN 46403-2901

Value Estimation by Request

4,980 sqft · 1.33 AC lot

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WAREHOUSE, STORAGE

6800 9th Ave, Gary, IN 46406-1918

Unit 70

$990,000

Estimated value

12,069 sqft · 17.34 AC lot

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WAREHOUSE, STORAGE

2520 Broadway, Gary, IN 46407-3606

Unit 34

Value Estimation by Request

8,875 sqft · 0.53 AC lot

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WAREHOUSE, STORAGE

620 10th Pl, Gary, IN 46402-2731

$2,040,000

Estimated value

41,645 sqft · 28.00 AC lot

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WAREHOUSE, STORAGE

8000 Broadway, Merrillville, IN 46410-5525

$1,755,000

Estimated value

31,410 sqft · 0.94 AC lot

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WAREHOUSE, STORAGE

3990 Garfield St, Gary, IN 46408-2470

Value Estimation by Request

9,600 sqft · 1.10 AC lot

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MINI-WAREHOUSE, STORAGE

8250 Colorado St, Merrillville, IN 46410-6509

$905,000

Estimated value

11,600 sqft · 3.96 AC lot

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WAREHOUSE, STORAGE

9100 Louisiana St Bldg B, Merrillville, IN 46410-7279

$530,000

Estimated value

9,600 sqft · 0.81 AC lot

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STORAGE YARD, OPEN STORAGE

1661 71st W 11th Ave, Gary, IN 46404

Value Estimation by Request

13,070 sqft · 0.16 AC lot

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STORAGE YARD, OPEN STORAGE

1301 Rdg Rd, Gary, IN 46408-2125

$510,000

Estimated value

20,873 sqft · 1.12 AC lot

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STORAGE YARD, OPEN STORAGE

1700 41st Ave, Gary, IN 46408

$625,000

Estimated value

21,334 sqft · 4.04 AC lot

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WAREHOUSE, STORAGE

8987 Louisiana St, Merrillville, IN 46410-7114

Value Estimation by Request

3,840 sqft · 1.97 AC lot

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WAREHOUSE, STORAGE

1600-40 Northwind Pkwy, Merrillville, IN 46410

$3,190,000

Estimated value

50,400 sqft · 3.71 AC lot

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WAREHOUSE, STORAGE

6799 Us Hwy 12, Gary, IN 46403-2511

Value Estimation by Request

13,775 sqft · 3.86 AC lot

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Gary, IN Warehouses Market Trends and Statistics

Explore 72 warehouses for sale in Gary, IN, showcased through 8 active listings on our real estate platform. These investment opportunities span a total of 65,572 square feet of properties for sale, with an estimated market value of $6,849,900.

Sale prices for warehouse buildings in Gary, IN start at $239,900, averaging $1,369,980, and reaching up to $4,000,000 — 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

Demographics Overview

Population 124K

Population Growth (5Y) -7.7%

Median Household Income $47,747

College Educated 15.8%

High-Yield Neighborhoods for Investment

Identify Gary submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
Gary	$1.1M
Merrillville	$1.4M

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)

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 Gary fall within the 50,000 to 100,000 square foot range.

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Gary, IN Warehouses for Sale

5200 Cleveland Street, Gary, IN 46410

2535 Garfield Street, Gary, IN 46404

8213 Clay Street, Merrillville, IN 46410

2241 Hamlin Street, Gary, IN 46406

8474 South Colorado Street, Merrillville, IN 46410

6602 West 9th Avenue, Gary, IN 46406

5700 West 23rd Avenue, Gary, IN 46406

3721 N Colfax St, Gary, IN 46408

Opportunities in Nearby Cities

917 Conkey Street, Hammond, IN 46320

1019 E Summit Street, Crown Point, IN 46307

6547 Kennedy Avenue, Hammond, IN 46323

1019 E Summit St, Crown Point, IN 46307

Potential Development Sites for Consideration

1300 W 145th Street, East Chicago, IN 46312

13801 Alexander Street, Cedar Lake, IN 46303

13831 Alexander Street, Cedar Lake, IN 46303

Silhavy Road, Valparaiso, IN 46383

Off-Market Properties in Gary, IN

1503 91st Dr, Merrillville, IN 46410-7177

1434 11th Ave, Gary, IN 46402-2822

669 Grand Blvd, Gary, IN 46403-2901

6800 9th Ave, Gary, IN 46406-1918

2520 Broadway, Gary, IN 46407-3606

620 10th Pl, Gary, IN 46402-2731

8000 Broadway, Merrillville, IN 46410-5525

3990 Garfield St, Gary, IN 46408-2470

8250 Colorado St, Merrillville, IN 46410-6509

9100 Louisiana St Bldg B, Merrillville, IN 46410-7279

1661 71st W 11th Ave, Gary, IN 46404

1301 Rdg Rd, Gary, IN 46408-2125

1700 41st Ave, Gary, IN 46408

8987 Louisiana St, Merrillville, IN 46410-7114

1600-40 Northwind Pkwy, Merrillville, IN 46410

6799 Us Hwy 12, Gary, IN 46403-2511

Gary, IN Warehouses Market Trends and Statistics

Top Commercial Asset Segments

Demographics Overview

High-Yield Neighborhoods for Investment

Taxes & Financing

Listings Trend

Total CRE Inventory on Market (SF)

Average Property Price per SF

Retail

Property Size Breakdown

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