Merrillville, IN Warehouses for Sale

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Updated: Jul 30

Two-Building Industrial Warehouse

3777 Vermont St, Gary, IN 46409

$350,000

4,226 sqft

4,226 SF across two freestanding warehouse buildings
Four separate parcels included
M1‑2 Light Industrial zoning
Open‑span layouts with high ceilings and concrete floors
Existing warehouse racking, overhead lighting, and additional storage space

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This listing looks promising.

Here's a quick look at some key insights for

3777 Vermont St, Gary, IN

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Est. Cap Rate

8.5%
Above avg (5.9%)
Est. NOI

$30K
Annual
Price @ 7% Cap

$425K
Above asking

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Updated: Apr 11

Light Industrial Warehouse with Office

8300 Clay St, Merrillville, IN 46410

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10,000 sqft 1.00 AC lot

Light industrial warehouse buildings near Clay Street and US 30 in Hobart, IN
Approximately 10,000 SF each building with approximately 1,200 SF of office space
Fully lined and insulated interior with three 14‑foot overhead doors per building
Each building on a majority paved acre with fenced security and potential for additional outdoor storage
Delivery estimated for Q1 2023; each unit can be custom built to tenant specifications with an allowance available

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Limited Manufacturing Industrial Building

2596 W 9th Ave, Gary, IN 46404

$35,000

3,106 sqft

M1-1 zoned masonry industrial property sold AS-IS, requiring extensive rehabilitation or redevelopment.

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M1-Zoned Flex Industrial Building

8474 South Colorado Street, Merrillville, IN 46410

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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 2 Cranes

2100 E 5th Ave, Gary, IN 46402

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30,000 sqft

Warehouse building includes small office with heat and A/C, three drive-in doors, and two overhead cranes.

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Multi-Building Industrial Campus

6012 W. Industrial Highway, Gary, IN 46406

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26,120 sqft 19.74 AC lot

Industrial campus with a standalone office building and warehouse/industrial spaces on a divisible site.

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Leased Warehouse Investment

4027 W Ridge Rd, Gary, IN 46408

$1,500,000

Single-tenant warehouse currently 100% leased with 24 months remaining and two additional two-year renewal options.

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Flex Building with Warehouse Overhead Door

5445-49 Broadway, Merrillville, IN 46410

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9,000 sqft

Brick flex building includes heated warehouse space, air-conditioned retail and office areas, and ample on-site parking.

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Retail Building with Drive-In Access

7590 Broadway, Merrillville, IN 46410

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10,000 sqft 1.50 AC lot

Brick and frame retail building includes a large open showroom plus a 1,500 sf warehouse with a drive-in door.

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Land with Approved Development Plans

3800 W 87th Ave, Merrillville, IN 46410

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Land with approvals for residential, storage, and flex warehouse units.

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Warehouse Outlot and Build-to-Suit Opportunity

7905-7975 Broadway, Merrillville, IN 46410

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1.50 AC lot

Outlots are available for sale or ground lease, with build-to-suit options at a stoplight-controlled corner intersection.

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Warehouse Outlot and Build-to-Suit Opportunity

7905-7975 Broadway, Merrillville, IN 46410

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0.60 AC lot

Warehousing-focused outlots are available for sale, ground lease, or build-to-suit at a stoplight-controlled intersection corner.

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Gary, Indiana Self-Storage Facility

3721 N Colfax St, Gary, IN 46408

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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 13 Active listings in Merrillville, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 59 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 and Warehouse Facility

596 E Ridge Rd, Griffith, IN 46319

Contact for pricing

14,300 sqft 0.54 AC lot

Flex space with 16’ clear height, two drive-in doors, and half warehouse area on 0.54 acres, subject to a new NNN lease.

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Flex Office Warehouse Building

2716 Condit St, Hammond, IN 46322

Contact for pricing

2,616 sqft

2,616 SF flex building with private offices, reception, full bath, and rear drive-in door for warehouse access.

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Dock-High Warehouse Portfolio

7940 New Jersey Ave, Hammond, IN 46323

Contact for pricing

74,674 sqft 3.43 AC lot

Four-building warehouse portfolio with dock-high doors, drive-ins, and clear heights from 10’ to 18’ on 3.43 acres.

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Light Industrial Warehouse with Offices

149 S Colfax St, Griffith, IN 46319

Contact for pricing

Zoned light industrial warehouse with updated office space, 14'–18' ceilings, and multiple drive-in doors.

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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 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.

WAREHOUSE, STORAGE

1503 91st Dr, Merrillville, IN 46410-7177

$295,000

Estimated value

8,400 sqft 0.67 AC lot

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WAREHOUSE, STORAGE

8000 Broadway, Merrillville, IN 46410-5525

$760,000

Estimated value

31,410 sqft 0.94 AC lot

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MINI-WAREHOUSE, STORAGE

8250 Colorado St, Merrillville, IN 46410-6509

$375,000

Estimated value

11,600 sqft 3.96 AC lot

View details

WAREHOUSE, STORAGE

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

$290,000

Estimated value

9,600 sqft 0.81 AC lot

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WAREHOUSE, STORAGE

8987 Louisiana St, Merrillville, IN 46410-7114

$475,000

Estimated value

3,840 sqft 1.97 AC lot

View details

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

8203 Taney Pl, Merrillville, IN 46410-5755

$3,295,000

Estimated value

17,775 sqft 1.26 AC lot

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WAREHOUSE, STORAGE

8858 Louisiana St, Merrillville, IN 46410-7153

$1,685,000

Estimated value

23,111 sqft 3.26 AC lot

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WAREHOUSE, STORAGE

401 82nd Pl, Merrillville, IN 46410-6253

$370,000

Estimated value

13,991 sqft 1.50 AC lot

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STORAGE YARD, OPEN STORAGE

8570 Louisiana Pl, Merrillville, IN 46410-6360

Unit 82

$395,000

Estimated value

5,760 sqft 0.42 AC lot

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WAREHOUSE, STORAGE

1421 91st Dr, Merrillville, IN 46410-7175

$280,000

Estimated value

5,520 sqft 0.40 AC lot

View details

Merrillville, IN Warehouses Market Trends and Statistics

Explore 72 warehouses for sale in Merrillville, IN, showcased through 13 active listings on our real estate platform. These investment opportunities span a total of 129,452 square feet of properties for sale, with an estimated market value of $1,885,000.

Sale prices for warehouse buildings in Merrillville, IN start at $35,000, averaging $628,333, and reaching up to $1,500,000 — 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 39K

Population Growth (5Y) +2.0%

Median Household Income $61,735

College Educated 16.4%

High-Yield Neighborhoods for Investment

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

Neighborhood	Average Price
46410	$239.9K

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 100,000+ square foot range.

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Merrillville, IN Warehouses for Sale

3777 Vermont St, Gary, IN 46409

8300 Clay St, Merrillville, IN 46410

2596 W 9th Ave, Gary, IN 46404

8474 South Colorado Street, Merrillville, IN 46410

2100 E 5th Ave, Gary, IN 46402

6012 W. Industrial Highway, Gary, IN 46406

4027 W Ridge Rd, Gary, IN 46408

5445-49 Broadway, Merrillville, IN 46410

7590 Broadway, Merrillville, IN 46410

3800 W 87th Ave, Merrillville, IN 46410

7905-7975 Broadway, Merrillville, IN 46410

7905-7975 Broadway, Merrillville, IN 46410

3721 N Colfax St, Gary, IN 46408

Opportunities in Nearby Cities

596 E Ridge Rd, Griffith, IN 46319

2716 Condit St, Hammond, IN 46322

7940 New Jersey Ave, Hammond, IN 46323

149 S Colfax St, Griffith, IN 46319

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 Merrillville, IN

1503 91st Dr, Merrillville, IN 46410-7177

8000 Broadway, Merrillville, IN 46410-5525

8250 Colorado St, Merrillville, IN 46410-6509

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

8987 Louisiana St, Merrillville, IN 46410-7114

1600-40 Northwind Pkwy, Merrillville, IN 46410

8203 Taney Pl, Merrillville, IN 46410-5755

8858 Louisiana St, Merrillville, IN 46410-7153

401 82nd Pl, Merrillville, IN 46410-6253

8570 Louisiana Pl, Merrillville, IN 46410-6360

1421 91st Dr, Merrillville, IN 46410-7175

Merrillville, 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

Office

Property Size Breakdown

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