Merrillville, IN Commercial Real Estate for Lease and Sale

Explore 63 listing(s) of commercial real estate in Merrillville, IN to find the best space for your business.

CRE Market FAQs

Residential Land on Grand Blvd

8595 Grand Blvd, Merrillville, IN
Property Type

VacantLand
For Sale Contact for pricing
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93RD & CONNECTICUT

93RD & CONNECTICUT, Merrillville, MERRILLVILLE, IN
Space Type

Land
For Lease Contact for pricing

1 space available / 521,413.2 SF
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9205 Georgia Street

9205 Georgia Street, Merrillville, IN
Property Type

VacantLand
For Sale

Subject to Offer
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Hobart Innovation Park

7728 Colorado Street, Merrillville, IN
Space Type

Industrial
For Lease Contact for pricing

1 space available / 1,272,240 SF
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90-100 West 86th Avenue

90-100 West 86th Avenue, Merrillville, IN
Property Type

Office
For Sale

$2,200,000
Built in 2008 / Property size 11,366 SF
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#4530 - Merrillville, IN

254 W 81st Ave.,, Merrillville, IN
Space Type

Retail
For Lease

$18.00/SF/YR
1 space available / 4,800 SF
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Deep River Business Center

6106 East 83rd Avenue, Merrillville, IN
Space Type

Industrial
For Lease Contact for pricing

1 space available / 149,500 SF
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8719 Mississippi Street

8719 Mississippi Street, Merrillville, IN
Space Type

Industrial
For Lease Contact for pricing

1 space available / 213,650 SF
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Development Opportunity

1911 W 73rd, Merrillville, IN
Property Type

VacantLand
For Sale Contact for pricing
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93RD & CONNECTICUT

93RD & CONNECTICUT, Merrillville, MERRILLVILLE, IN
Property Type

Land
For Sale Contact for pricing

Property size 11.97 Acre
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Frequently Asked Questions

Here is a rundown of the primary commercial real estate property types currently available in Merrillville:
- Office Space: The market includes 571,780 square feet of office spaces in addition to 54 coworking locations.
- Retail Space: Between malls, restaurants and stores, Merrillville is home to 1,002,847 square feet of available retail space.
- Industrial Space: Warehouses, distribution centers, manufacturing facilities and other industrial types total 2,088,650 square feet of available space in Merrillville.
The average rent for commercial real estate in Merrillville is $16.51 per square foot. However, specific rates may vary widely by property type, class and quality. The cheapest commercial space in Merrillville costs $8, while the city’s premium locations ask up to $22.
Here is a breakdown of the average size of different property classes (also known as asset class or property type):
- Class A/A+ properties have an average size of 73,040 square feet.
- Class B properties are sized 14,139 square feet, on average.
- Class C properties span an average of 15,076 square feet.
CommercialCafe’s CRE offering in Merrillville is enabled by a network of 38 active brokers from 24 different firms, ensuring a wide variety of listings. Working with an experienced professional can make a real difference. Learn more about the benefits of working with a broker.

To get in touch with a broker, use the "Contact Property" button on this search page or fill in the contact form provided on each individual property’s listing page.
The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself, local market conditions, the state of the local economy and the demand for that particular type of commercial property, to name a few.

Asking rents in the city can be as high as $22 per square foot. In particular, the property type commanding the highest lease rates in Merrillville is Office space.
The average size of a commercial property here stands at 2,009,663. However, different asset classes and zoning laws will result in vastly different property sizes. Here is a breakdown of the average size of different commercial asset classes in Merrillville:
Office properties:
- Average size: 23,825 square feet.
- Largest property: 230 (19,277 square feet).
Retail properties:
- Average size: 71,632 square feet.
- Largest property: Land Available (50,000 square feet).
Industrial properties:
- Average size: 232,073 square feet.

Merrillville, IN Commercial Space Listings

Commercial Space for Lease - Breakdown

The 45 listings for commercial real estate currently available for rent in Merrillville add up to 2,822,743 square feet across various property types. Here's a breakdown of the available space by category:

Property Type	Count of Listings	Total Sq. Ft.
Office	22	163,717
Retail	11	248,560
Industrial	8	400,804
Other	4	2,009,662

Office properties:

The market has 22 active office listings, encompassing 163,717 square feet.
Merrillville office spaces currently listed on CommercialCafe represent 48% of the total commercial real estate market in Merrillville, compared to an average of 39% across all markets tracked by CommercialCafe.

Retail Space:

There are 11 retail listings available, adding up to a total of 248,560 square feet.
Retail spaces account for approximately 24% of the local commercial market, while the average share taken up by retail in all U.S. markets is 35%.

Industrial Space:

The industrial market in Merrillville offers 8 listings, amounting to 400,804 available square feet.
Industrial spaces, including warehouses and manufacturing sites, make up about 17% of the total commercial space available in the market, compared to a nationwide average of 25%.

Commercial Space for Sale - Breakdown

There are currently 17 properties listed for sale in the Merrillville market, adding up to 372,507 square feet of space available for purchase. Here is a breakdown of the commercial space for sale listed locally:

4 office properties
3 retail properties
1 industrial property

Property Type	Count of Listings	Total Sq. Ft.
Office	4	46,894
Retail	3	36,488
Industrial	1	289,080
Other	9	45

Merrillville, IN Commercial Real Estate for Lease and Sale

Residential Land on Grand Blvd

93RD & CONNECTICUT

9205 Georgia Street

Hobart Innovation Park

90-100 West 86th Avenue

#4530 - Merrillville, IN

Deep River Business Center

8719 Mississippi Street

Development Opportunity

93RD & CONNECTICUT

Frequently Asked Questions

Merrillville, IN Commercial Space Listings

Commercial Space for Lease - Breakdown

Commercial Space for Sale - Breakdown

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