8690 Broadway Ave

8690 Broadway Ave Merrillville, IN 46410

8690 Broadway Ave, Merrillville, IN, 46410
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FOR SALE
Property Type:
Commercial Land Development
Amount:
$250,000
Last Verified:
Jul 31, 2025

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Highlights

  • Broadway stoplight corner commercial lot
  • All utilities available to the site
  • 2024 average traffic count on Broadway: 21,379 cars/day
  • Directly across from Methodist Hospital
  • Ideal for all types of medical and professional office uses
  • Near attorneys, physicians, banking, dining, and shopping

Description

This is a Broadway stoplight corner commercial lot directly across from Methodist Hospital! This parcel is zoned C-5 Office and Research making this site ideal for medical or professional office development with all utilities available to the site and frontage road in place. Nearby businesses include Hodges and Davis, P.C., Richter D.D.S, Theodoros and Rooth, P.C., Broadwest Surgical Center and Trilogy Health's Spring Mill Health Campus. 2024 pay 2025 taxes are $5,807.80. 2024 INDOT traffic count: 21,379 cars/day. 266'+/- of frontage on Broadway.

Located on the Northwest corner of Broadway and 87th Avenue less than 1 mile south of U.S. Highway 30 and minutes to the I-65/U.S. Highway 30 interchange. Access is via 87th Avenue from Broadway stoplight or from the frontage road. Shopping, dining, banking, lodging, entertainment and more are in close proximity. Merrillville is the largest town in Indiana, with the third-lowest tax rate in Lake County.


Year Built: 0
Building Size: 0sq ft
Lot Size: 2.07 acres


Documents

8690 Broadway, Merrillville - Sale Brochure
8690_Broadway-1.jpg
Floor_plan.jpg
Site_Plan.jpg
Survey.jpg
8690_Broadway_Drive_Times.pdf
8690_Broadway_Drive_Times_Report.pdf

Map of 8690 Broadway Ave, Merrillville, IN, 46410

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.