Former Department Store Building for Auction in Merrillville, IN

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Financial Details

Asking Price:
$1,000,000
Profit Metric:
Not Applicable
Location:
Merrillville, IN, US
Source:
Date:
September 25, 2025

Key Highlights

Prime 144,123 SF big-box retail building in a high-demand Merrillville, IN corridor.
Strategically located near major highway interchange with excellent visibility and access.
Offered via online auction with a starting bid of $1,000,000, ideal for redevelopment or new retail ventures.

Description

This listing presents a significant investment opportunity: a 144,123 square foot former Carson's department store building located within the bustling Southlake Mall in Merrillville, Indiana. Situated on a prime parcel with excellent visibility and access, the property benefits from its location along a major thoroughfare (US Highway 30) and proximity to the Interstate 65 interchange. The building features a desirable two-story open floor plan, suitable for a wide range of retail or commercial redevelopments. The surrounding area is a robust retail node, drawing significant customer traffic from nearby national retailers, restaurants, and hospitality businesses. With an annual spending power of $4.1 billion within a 10-mile radius and a strong average household income, this location offers substantial market potential. The property is being offered via online auction, with bidding starting at $1,000,000.

Industry Information

Industry Description:
Retail
Classification:
Retail

Operational Snapshot

Year Established:
1976

Real Estate & Lease

Status:
Auction Sale
Real Estate Price:
$1,000,000 USD

Broker Contact

Name:
Jessica Chen
Phone:
(909) 991-6669

Listing Details

Listing ID:
8d9df4b3-dd59-4baf-b2b0-5c64e3222a38
Deal Status:
For Sale
Last Updated:
September 25, 2025
Currency:
USD