Granger, IN
Commercial Real Estate Market Trends & Data

$319 Avg asking sale price
$20 Avg asking lease rate
13,705 SF Avg unit lease size
190,401 SF Avg building size for sale
6.00% Average cap rate

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Granger, IN

↻ Updated Monthly

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Mishawaka $106 12,393 SF 9.55%
South Bend $109 13,352 SF 9.55%
Nearby Industrial Markets Avg Cost/SF Typical Size Cap Max
Mishawaka $67 37,584 SF 11.26%
Elkhart $45 84,740 SF 7.82%
South Bend $73 30,663 SF 11.26%
Nearby Retail Markets Avg Cost/SF Typical Size
Granger $102 353,151 SF
Mishawaka $194 52,920 SF
Roseland $101 1,938 SF
Elkhart $143 16,189 SF
South Bend $187 54,862 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Mishawaka $98 20,823 SF 8.70%
Elkhart $108 365,412 SF 6.63%
South Bend $98 20,823 SF 8.70%
Plymouth $108 50,510 SF 7.08%

Commercial Properties For Sale in Granger

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

Legacy Village Student Housing at Notre Dame

South Bend, IN 46637

  • 44,800 SF Multifamily
  • $19,750,000
For Sale

51529-51541 Bittersweet Rd

Granger, IN 46530

  • 9,828 SF Office Building
  • $999,000
For Sale

15065 Cleveland Rd

Granger, IN 46530

  • 6.31 AC Lot
  • 1 Commercial Lot
  • $2,524,000
For Sale

Development Opportunity in Granger, IN

Granger, IN 46530

  • 5.31 AC Lot
  • 1 Commercial Lot
  • $1,050,000
For Sale

15669 IN-23

Granger, IN 46530

  • 2.87 AC Lot
  • 1 Commercial Lot
  • $1,865,500
For Sale

Restaurant and Real Estate for Sale

Granger, IN 46530

  • 10,500 SF Retail Building
  • 6.00% Cap Rate
  • $3,500,000

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

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Nearby Commercial Markets

Comparing nearby markets helps investors see whether Granger pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Granger $319 190,401 SF
Osceola $121 6,516 SF
Mishawaka $117 39,839 SF
Roseland $101 1,938 SF
Edwardsburg $81 6,556 SF

Regional Demographic Comparison

This comparison places Granger alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Granger or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Osceola 2,527 996 40 $61,802 3 226 -2%
Roseland 1,613 706 33 $45,694 2 401 12%
Edwardsburg 1,263 488 39 $52,500 3 131 -3%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Granger, IN and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Granger

View All Commercial Real Estate For Sale in Granger
Is Granger a good market for a first-time commercial real estate investor?

Granger offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Granger?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Granger. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Granger?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Granger. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Granger compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Granger. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Granger acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Granger, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.

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