8420 Indiana Street, Merrillville, IN 46410

$1,420,000
Property Type: Commercial Sale Square Footage: 9,240 Lot Size (sq. ft.): 36,198 Status: Active
Current Price: $1,420,000 List Date: 9/03/2025 Last Modified: 2/26/2026

Overview

Description

Prime Updated Office Building - Investment Opportunity 8420-38 Indiana St, Merrillville, IN Fully updated 9,240 SF two-story office building in Merrillville's C3 Commercial & Office District. Long term tenant occupied, ideal for investors. Near I-65, 32 on-site spaces + street parking, and high-speed internet. Recent upgrades include: new HVAC (2019 & 2023, another install Aug 2025), remodeled kitchens & bathrooms (2022-23), new carpet/paint, fire alarm & pull stations (2021), advanced security with cameras in every room (2023), smart thermostats building-wide, and parking lot resurfacing/restriping (2020).

Listing Details MLS# 827116

General Property Information

Number Of Units Total
Yes
Living Area
9240
Building Area Source
Estimated
Year Built
2000
Parking Total
32
Lot Size Acres
0.831
Lot Size Square Feet
36198.36
Lot Size Source
Estimated
Waterfront YN
No
Basement YN
No

Property Features

Building Features: Inside Corridor(s); Private Restrooms Business Type: Professional/Office Construction Materials: Wood Siding Cooling: Central Air Current Use: Office Electric: 200+ Amp Service Exterior Features: Lighting; Private Yard; Rain Gutters Heating: Forced Air; Hot Water; Natural Gas Listing Terms: Cash; Conventional Lock Box Information: Call Listing Office Owner Pays: Exterior Maintenance; Grounds Care; HVAC Maintenance; Roof Maintenance; Snow Removal Parking Features: Driveway; On Street; Paved Possession: Subject To Tenant Rights Rail Availability: None Roof: Shingle Sewer: Public Sewer Special Listing Conditions: None Tenant Pays: Electricity; Gas; Janitorial Service; Sewer; Telephone; Trash Collection; Water Utilities: Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected Water Source: Public

Contract Information

Auction YN
No
Original List Price
1700000
Property Sub Type
Office
Listing Agreement
Exclusive Agency
Owner Name
Efi Indiana LLC
Occupant Type
Tenant

Location Tax and Legal

Street Number
8420
Street Name
Indiana
Street Suffix
Street
County
Lake
State
IN
Postal Code
46410
Subdivision Name
Grand Park

Remarks and Miscellaneous

Public Remarks
Prime Updated Office Building - Investment Opportunity 8420-38 Indiana St, Merrillville, IN Fully updated 9,240 SF two-story office building in Merrillville's C3 Commercial & Office District. Long term tenant occupied, ideal for investors. Near I-65, 32 on-site spaces + street parking, and high-speed internet. Recent upgrades include: new HVAC (2019 & 2023, another install Aug 2025), remodeled kitchens & bathrooms (2022-23), new carpet/paint, fire alarm & pull stations (2021), advanced security with cameras in every room (2023), smart thermostats building-wide, and parking lot resurfacing/restriping (2020).

Status Change Information

Major Change Timestamp
2026-02-26T22:29:15Z
Major Change Type
Price Reduced
Price Change Timestamp
2026-02-26T22:29:15Z
Status Change Timestamp
2025-09-03

More Information

Exemption Information

Exemption YN
Yes

Location, Tax, and Legal

Tax Annual Amount
21902.82
Tax Year
2023
Tax Legal Description
AMENDED PLAT OF SUBDIVISION GRAND PARK LOT 2 & Grand Park Amended Plat S.10.0ft of Lot 1
Parcel Number
451222476009000030
Additional Parcels YN
Yes
Additional Parcels Description
45-12-22-476-011.000-030 Grand Park Amended Plat S.10.0ft of Lot 1
Township
Ross
Directions
From I65 head east on US-30 (Lincoln Highway). Turn south on Mississippi Street. Then west on 85th Avenue. The property is located at the corner of 85th (Indiana St.) and Mississippi St.

Construction Materials

Wood Siding
Yes

Cooling

Central Air
Yes

Electric

200+ Amp Service
Yes

Exterior Features

Lighting
Yes
Private Yard
Yes
Rain Gutters
Yes

Heating

Forced Air
Yes
Hot Water
Yes
Natural Gas
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Lock Box Information

Call Listing Office
Yes

Parking Features

Driveway
Yes
On Street
Yes
Paved
Yes

Possession

Subject To Tenant Rights
Yes

Roof

Shingle
Yes

Sewer

Public Sewer
Yes

Special Listing Conditions

None
Yes

Utilities

Electricity Connected
Yes
Natural Gas Connected
Yes
Sewer Connected
Yes
Water Connected
Yes

Water Source

Public
Yes

Owner Pays

Exterior Maintenance
Yes
Grounds Care
Yes
HVAC Maintenance
Yes
Roof Maintenance
Yes
Snow Removal
Yes

Tenant Pays

Electricity
Yes
Gas
Yes
Janitorial Service
Yes
Sewer
Yes
Telephone
Yes
Trash Collection
Yes
Water
Yes

Current Use

Office
Yes

Building Features

Inside Corridor(s)
Yes
Private Restrooms
Yes

Business Type

Professional/Office
Yes

Rail Availability

None
Yes
Listing Office: Haven Realty
Last Updated: February - 26 - 2026
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