Warehouse - Flex Space - Merrillville
Colorado st Large Industrial With Multiple Docks 37,000 SQFT
Marketing description
37,000 square feet of M1-zoned flex industrial on 1.82 acres in Merrillville's established industrial corridor. Built in 1967 and currently vacant, the building is positioned for an owner-user or operator who wants to take occupancy and configure the space to their own specs without working around an existing tenancy.
The M1 zoning supports a range of light industrial uses — warehousing, distribution, contractor operations, light manufacturing, or a multi-tenant flex conversion depending on the layout. At 37,000 SF on under two acres, the building-to-land ratio leaves room to evaluate outdoor storage, yard space, or additional parking depending on the end use.
The property sits within the Merrillville industrial market in Lake County, with access to the broader I-65 and US-30 corridors that connect northwest Indiana to Chicago and regional distribution networks.
Tours are available by appointment — contact the listing broker to schedule.
Investment highlights
- Owner-user play — build equity instead of paying rent
- Vacant delivery — buyer controls timing and configuration
- M1 zoning
- 1031-exchange eligible
Property highlights · 5
- 37,000 SF flex industrial, M1 zoning
- 1.82-acre site — functional outdoor storage potential
- Vacant — immediate owner-user occupancy available
- Built 1967 — established Merrillville industrial corridor
- Lake County location, northwest Indiana industrial market
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