Former Department Store Building for Auction in Merrillville, IN
Financial Details
- Asking Price:
- $1,000,000
- Profit Metric:
- Not Applicable
- Location:
- Merrillville, IN, US
- Source:
- Date:
- September 25, 2025
Key Highlights
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