Gary, IN Commercial Real Estate for Lease and Sale

Explore 12 listings of Gary commercial real estate to find the best space for your business.

3701 Grant St

3701 Grant St, University Park, Gary, IN
Property

VacantLand

1,350 SF
Availability

1 Space

1,500 SF
Year Built

1978
For Lease Contact for pricing
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4704 Roosevelt St

4704 Roosevelt St, Black Oak, Gary, IN
Property

Retail

5,700 SF
Availability

1 Space

5,700 SF
Year Built

2008
For Lease

$12.00/SF/YR
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5555 W Ridge Rd (Lot 2)

5555 W Ridge Rd (Lot 2), Black Oak, Gary, IN
Property

VacantLand
For Sale

$150,000
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Ridge Plaza Shopping Center

6050 West Ridge Road, Black Oak, Gary, IN
Property

Retail

95,398 SF
Availability

2 Spaces

72,620 SF
Year Built

1970
For Lease Contact for pricing
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4238 W Ridge Rd

4238 W Ridge Rd, Black Oak, Gary, IN
Property

Office

3,804 SF
Year Built

1958
For Sale

$1,100,000
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1921-1931 West 25th Avenue

1921-1931 West 25th Avenue, Tolleston, Gary, IN
Property

Retail

20,900 SF
Availability

5 Spaces

11,000 SF
Year Built

2022
For Lease

$20.00/SF/YR
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4489 Broadway

4489 Broadway, University Park, Gary, IN
Property

Office

1,526 SF
Year Built

1930
For Sale

$205,000
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86 North Bridge Street

86 North Bridge Street, Gary - Chicago Airport, Gary, IN
Property

Industrial

1,600,000 SF
Availability

2 Spaces

133,500 SF
Year Built

1918
For Lease Contact for pricing
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3450 Grant St

3450 Grant St, Black Oak, Gary, IN
Property

Retail

20,200 SF
Year Built

1961
For Sale

$950,000
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University Park Medical Center

3229 Broadway, University Park, Gary, IN
Property

Office

39,085 SF
Availability

2 Spaces

12,586 SF
Year Built

1989
For Lease Contact for pricing
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SW Corner of 15Th Avenue & Colfax Street

SW Corner of 15Th Avenue & Colfax Street, West Side Gary, Gary, IN
Property

VacantLand
For Sale Contact for pricing
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Airport Rd & Clark Rd

Airport Rd & Clark Rd, Gary - Chicago Airport, Gary, IN
Property

VacantLand

1 Acre
For Sale

$1,300,000
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Frequently Asked Questions

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate. However, there are three main categories that you are most likely to come across: office, retail, and industrial space.
- Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute. The Gary commercial real estate market incorporates 44,415 square feet of office space across 3 buildings.
  
  Office buildings can also accommodate coworking spaces, which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis.
- Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access. The Gary commercial real estate market includes 115,598 square feet of retail space in a variety of settings.
- Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities. Across the Gary market, there is a total of 1,600,000 square feet of industrial property.
The listing inventory in Gary incorporates commercial real estate for lease and for sale of almost all property types and subtypes. However, you’ll find some categories offer more rental or investment opportunities than others.

The largest share of commercial real estate space for lease in Gary is represented by Industrial space, which accounts for 133,500 square feet of available listings. Retail space available in Gary adds up to 72,620 square feet.

Meanwhile, most of the listings of commercial property for sale in Gary are in the Office category.
The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.
Whether you are looking for commercial real estate for lease or commercial property for sale, the best choice of location depends on the factors that are most relevant to your business strategy. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type.

As such, there are several areas that you could consider to be the best location for commercial real estate in Gary, depending on the property type you are interested in. The highest concentration of commercial space listings of any kind in Gary is in the University Park neighborhood. But if we look at each commercial property type, we find that for office space, the best location is the University Park area.

Meanwhile, retail space opportunities are most abundant in the Black Oak submarket. Alternatively, if you are looking for warehouse or other industrial space, consider looking at listings in Gary - Chicago Airport.

Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.
Regardless of whether buying or leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker. In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market, the property type you need representation for, and will handle negotiations on your behalf in your best interest.

To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker. Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests.

CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!
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 — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property. Asking rents in the city went as high as $18 per square foot.
The average size of a commercial property in Gary depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build. While there are outliers that break height or volume records in the city, we can look at some average sizes by property use:
- In Gary, the average size of an office property is 14,805 square feet.
- Retail properties here incorporate an average of 57,799 square feet.
- Industrial space in Gary is in buildings that are, on average 1,600,000 square feet in size.

Gary, IN Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in Gary currently add up to 220,206 square feet. The market offers 1 active office listing(s), which amount to 12,586 square feet and account for 25% of commercial spaces on the market. Local retail availability includes 72,620 square feet across 1 retail space(s). Industrial space for rent opportunities in Gary amount to 133,500 square feet across a total of 1 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	1	12,586
Retail	1	72,620
Industrial	1	133,500
Other	1	1,500

Commercial Space for Sale Breakdown

What’s more, if you are interested in making an investment in the local market, you can also find commercial real estate for sale in Gary, IN. Currently, there is 25,531 square feet of commercial property for sale here , which includes 2 office building(s) for sale , 1 retail investment opportunity listing(s) .

Property Type	Count of Listings	Total SF
Office	2	5,330
Retail	1	20,200
Other	3	1

About us

CommercialCafe is your go-to commercial real estate listing source. We partner with highly respected major brokerages from across the country to ensure high-quality listings that are updated frequently. Our online marketplace lists all commercial property types from office, coworking, retail, and industrial to special purpose properties.

CommercialCafe is a trusted Yardi brand and is an integral part of the CommercialEdge network — the fastest-growing network of online real estate marketplaces, which ranks on the 1st page of Google for all top markets, attracts more than 2 million monthly visits, and generates more than 350,000 broker contacts.

Gary, IN Commercial Real Estate for Lease and Sale

3701 Grant St

4704 Roosevelt St

5555 W Ridge Rd (Lot 2)

Ridge Plaza Shopping Center

4238 W Ridge Rd

1921-1931 West 25th Avenue

4489 Broadway

86 North Bridge Street

3450 Grant St

University Park Medical Center

SW Corner of 15Th Avenue & Colfax Street

Airport Rd & Clark Rd

Frequently Asked Questions

Gary, IN Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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Gary, IN Commercial Real Estate for Lease and Sale

Frequently Asked Questions

What are the different types of commercial real estate?

What types of commercial real estate are available in Gary, IN?

What factors affect the price of commercial real estate in Gary, IN?

What are the best areas for commercial real estate in Gary, IN?

How do I find a good commercial real estate broker?

What is the most profitable commercial real estate?

What is the average size of a commercial property in Gary, IN?

Gary, IN Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

Other Popular Searches

Popular Coworking Searches

Popular Office Searches

Popular Retail Searches

Popular Industrial Searches

About us