Merrillville, IN Commercial Real Estate for Lease and Sale

Explore 69 listings of Merrillville commercial real estate to find the best space for your business.

3803 East Lincoln Highway

3803 East Lincoln Highway, Merrillville, Hobart, IN
Property

Industrial

41,622 SF
For Sale

$4,200,000
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Executive Plaza

5401 - 5443 Broadway , Merrillville, IN
Property

Office

15,120 SF
Availability

1 Space

1,080 SF
For Lease

$8.00/SF/YR
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Environ Professional Center - MOB

8691 Connecticut St, Merrillville, IN
Property

Office

7,066 SF
For Sale

Subject to Offer
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1201 E 86th Pl

1201 E 86th Pl, Merrillville, IN
Property

Industrial

29,420 SF
Availability

5 Spaces

41,840 SF
Year Built

1989
For Lease

$8.25/SF/YR
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Office Coworking Retail Industrial

Office Retail Industrial Land
270 East 90th Drive

270 East 90th Drive, Merrillville, IN
Property

Office

10,100 SF
For Sale

$1,595,000
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311 East 89th Avenue

311 East 89th Avenue, Merrillville, IN
Property

Office

29,275 SF
Availability

1 Space

1,732 SF
For Lease

$19.00/SF/YR
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1401 E 82nd Ave

1441 e 82nd Ave, Merrillville, IN
Property

Office

3,298 SF
Availability

1 Space

3,298 SF
Year Built

1986
For Lease

$4,000.00/MO
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1563-1573 E. 86th Place

1563-1573 E. 86th Place, Merrillville, IN
Property

Industrial

8,250 SF
Availability

2 Spaces

8,250 SF
Year Built

2023
For Lease

$14.00/SF/YR
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Lender Owned Fairfield Inn & Suites Merrillville IN

8275 Georgia Street, Merrillville, IN
Property

Other

51,629 SF
Year Built

1990
For Sale

Auction Sale
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Ross Commons

500 W 81st Ave, Merrillville, IN
Property

Office

23,296 SF
Availability

3 Spaces

6,725 SF
Year Built

1973
For Lease

$12.50/SF/YR
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8236 Wright Street

8236 Wright Street, Merrillville, IN
Property

Industrial

11,800 SF
Availability

1 Space

11,800 SF
For Lease

$13.00/SF/YR
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8510-8514 Broadway

8510-8514 Broadway, Merrillville, IN
Property

Office

14,680 SF
For Sale

$1,800,000
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Greentree Plaza

1519-1523 US Highway 30, Merrillville, IN
Property

Retail

28,672 SF
Availability

3 Spaces

4,650 SF
Year Built

1988
For Lease

$15.00/SF/YR
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8101 Polo Club Dr

8101 Polo Club Dr, Merrillville, IN
Property

Retail

5,100 SF
Availability

3 Spaces

3,208 SF
Year Built

1993
For Lease

$18.00/SF/YR
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Madalyn Plaza

5160-5210 E. 81st Avenue, Merrillville, Hobart, IN
Property

Retail

11,704 SF
Availability

1 Space

3,200 SF
Year Built

2006
For Lease

$15.00/SF/YR
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Executive Place

7725 Broadway , Merrillville, IN
Property

Office

16,000 SF
Availability

2 Spaces

3,630 SF
Year Built

1979
For Lease

$18.00/SF/YR
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280 W 80th Pl

280 W 80th Pl, Merrillville, IN
Property

Office

3,600 SF
Availability

1 Space

900 SF
Year Built

1986
For Lease

$1,400.00/MO
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Broadfield Center Office Park

9111 Broadway, Merrillville, IN
Property

Office

41,033 SF
Availability

2 Spaces

2,344 SF
For Lease

$12.00/SF/YR
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8528 Broadway

8528 Broadway, Merrillville, IN
Property

Office

8,000 SF
Availability

1 Space

4,800 SF
For Lease

$13.50/SF/YR
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8000 Broadway

8000 Broadway, Merrillville, IN
Property

Office

31,287 SF
Availability

1 Space

31,287 SF
For Lease

$10.00/SF/YR
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8858-8898 Louisiana Street

8858-98 Louisiana, Merrillville, IN
Property

Industrial

18,175 SF
Availability

2 Spaces

1,520 SF
For Lease

$12.00 - $40.00/SF/YR
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Merrillville Medical Building

8683 Connecticut St, Merrillville, IN
Property

Office

10,750 SF
Year Built

1987
For Sale

$699,000
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Environ Professional Center - MOB

8691 Connecticut St, Merrillville, IN
Property

Office

7,066 SF
Availability

1 Space

4,692 SF
For Lease

$16.00/SF/YR
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CoWorking Mall by Cubework

1995 Southlake Mall, Merrillville, IN
Property

Retail

144,122 SF
Availability

3 Spaces

50,000 SF
Year Built

1976
For Lease Contact for pricing
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One Cambridge Square

120 E. 90th Drive, Merrillville, IN
Property

Office

14,176 SF
Availability

1 Space

1,700 SF
Year Built

1984
For Lease

$17.00/SF/YR
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Merrillville Corporate Lakes

707 E. 80th Place, Merrillville, IN
Property

Office

48,723 SF
Availability

3 Spaces

29,941 SF
For Lease

$15.00/SF/YR
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Broadway Plaza

5364-5480 Broadway Merrillville, Merrillville, IN
Property

Mixed Use

149,800 SF
Availability Contact for availability
Year Built

1965
For Lease Contact for pricing
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8585 Broadway

8585 Broadway, Merrillville, IN
Property

Office

165,000 SF
Availability

1 Space

62,000 SF
Year Built

1977
For Lease

$20.00/SF/YR
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8650 Mississippi St

8650 Mississippi St, Merrillville, IN
Property

Industrial

10,290 SF
Availability

1 Space

10,290 SF
Year Built

2022
For Lease

$13.00/SF/YR
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270 East 90th Drive

270 East 90th Drive, Merrillville, IN
Property

Office

10,100 SF
Availability

3 Spaces

17,700 SF
For Lease

$15.00 - $17.00/SF/YR
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8679-8695 Connecticut Street

8679-8695 Connecticut Street, Merrillville, IN
Property

Office

17,220 SF
For Sale

$2,350,000
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Lender Owned Hampton Inn Merrillville IN

8353 Georgia Street, Merrillville, IN
Property

Other

31,602 SF
Year Built

1995
For Sale

Auction Sale
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8679-8695 Connecticut Street

8679-8695 Connecticut Street, Merrillville, IN
Property

Office

17,220 SF
Availability

2 Spaces

3,741 SF
For Lease

$16.00/SF/YR
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101 E 90th Dr

101 E 90th Dr, Merrillville, IN
Property

Office

12,429 SF
Year Built

1993
For Sale

$1,485,000
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8528 Broadway

8528 Broadway, Merrillville, IN
Property

Office

8,300 SF
For Sale

$1,400,000
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608 West Lincoln Highway

608 West Lincoln Highway, Merrillville, IN
Property

Office

16,160 SF
Availability

1 Space

1,882 SF
For Lease

$16.00/SF/YR
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Merrillville Corporate Center

8001 Broadway, Merrillville, IN
Property

Office

47,148 SF
Availability

2 Spaces

5,518 SF
Year Built

1992
For Lease

$15.00/SF/YR
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6161 Cleveland

6161 Cleveland St, Merrillville, IN
Property

Office

34,326 SF
Availability

1 Space

10,000 SF
Year Built

1967
For Lease

$6.00/SF/YR
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CITY MALL

5340-64 Broadway, Merrillville, IN
Property

Retail

43,688 SF
For Sale

$1,850,000
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1401 E 82nd Ave

1441 e 82nd Ave, Merrillville, IN
Property

Office

3,298 SF
Year Built

1986
For Sale

Subject To Offer
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realSPACE Merrillville
realSPACE
5164 East 81st Avenue, Merrillville, IN
Services

Virtual Office

Open Workspace

Event Space

Meeting Room

Dedicated Desk
Amenities

Art gallery/Exhibition space

Complimentary coffee & tea

Ergonomic furniture

Free water

Heating & A/C

High-speed wifi

Kitchen

Office furniture

Parking

Pet friendly
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The Colony's Professional Building

521 E. 86th Avenue, Merrillville, IN
Property

Office

32,792 SF
Availability

5 Spaces

19,154 SF
Year Built

1979
For Lease

$12.00/SF/YR
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Broadfield Square North

8903-8939 Broadway, Merrillville, IN
Property

Office

17,058 SF
Availability

4 Spaces

6,369 SF
Year Built

1987
For Lease

$10.00 - $14.00/SF/YR
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Region Industrial Park

8300 Clay St, Merrillville, Hobart, IN
Property

Industrial

11,232 SF
Availability

2 Spaces

51,232 SF
Year Built

2024
For Lease

$8.00 - $14.00/SF/YR
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The Colony's Professional Building

521 E. 86th Avenue, Merrillville, IN
Property

Office

32,792 SF
Year Built

1979
For Sale

$2,399,000
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8200-8400 Grant Street

8200-8400 Grant Street, Merrillville, IN
Property

VacantLand
For Sale

$1,235,900
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Former Auto Dealer

1777 W 81st Ave, Merrillville, IN
Property

Retail

14,412 SF
Availability

1 Space

14,412 SF
Year Built

1992
For Lease Contact for pricing
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Former Auto Dealer

1777 W 81st Ave, Merrillville, IN
Property

Retail

14,412 SF
Year Built

1992
For Sale

$3,650,000
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CP Coworking Annex - Suite RR

9111 Broadway, Merrillville, IN
Property

Office

41,000 SF
Availability

1 Space

1,768 SF
For Lease

$500.00 - $800.00/MO
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Merrillville Residential Facility

300 W 89th Ave, Merrillville, IN
Property

Office

21,615 SF
Availability

1 Space

21,615 SF
Year Built

2011
For Lease

$10.00/SF/YR
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101 E 90th Dr

101 E 90th Dr, Merrillville, IN
Property

Office

12,429 SF
Availability

2 Spaces

10,051 SF
Year Built

1993
For Lease

$12.50 - $13.50/SF/YR
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Crossings at Hobart

1825 East 80th Avenue, Merrillville, IN
Property

Retail

136,450 SF
Availability

6 Spaces

136,450 SF
For Lease Contact for pricing
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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 Merrillville commercial real estate market incorporates 819,318 square feet of office space across 36 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 Merrillville commercial real estate market includes 493,440 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 Merrillville market, there is a total of 711,779 square feet of industrial property.

The listing inventory in Merrillville 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 Merrillville is represented by Industrial space, which accounts for 546,330 square feet of available listings. Office space available in Merrillville adds up to 269,406 square feet.

Meanwhile, most of the listings of commercial property for sale in Merrillville 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.

The average rent for commercial real estate space listed for lease in Merrillville is $13.28 per square foot. However, this value does not offer enough perspective on its own, as you will find significant variation in prices across property types, property classes, and location, as well as other impacting factors. For instance, rent per square foot of office space in Merrillville can vary greatly depending on the rating of the property from Class A to Class C, as well as across the city depending on the location of the asset. What’s more, each commercial property type makes its own rent market: while the average rent for office space rested at $19.89 per square foot, industrial space in Merrillville saw average rents of $10.8 per square foot.

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 Merrillville, depending on the property type you are interested in.

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 $20 per square foot. In particular, the property type commanding the highest lease rates in Merrillville was Retail space.

The average size of a commercial property in Merrillville 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 Merrillville, the average size of an office property is 23,410 square feet.
Retail properties here incorporate an average of 41,120 square feet.
Industrial space in Merrillville is in buildings that are, on average 64,708 square feet in size.

Merrillville, IN Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in Merrillville currently add up to 1,049,899 square feet. The market offers 27 active office listing(s), which amount to 266,886 square feet and account for 56% of commercial spaces on the market. Local retail availability includes 232,876 square feet across 10 retail space(s). Industrial space for rent opportunities in Merrillville amount to 546,330 square feet across a total of 9 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	27	266,886
Retail	10	232,876
Industrial	9	546,330
Other	2	3,807

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 Merrillville, IN. Currently, there is 365,857 square feet of commercial property for sale here , which includes 9 office building(s) for sale , 2 retail investment opportunity listing(s) , and 2 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Office	9	116,635
Retail	2	58,100
Industrial	2	191,122

Merrillville, 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 Merrillville, IN?

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

What is the average rent for commercial space in Merrillville, IN?

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

Merrillville, IN Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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