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745 Ridge Rd
Munster, IN 46321
EXCELLENT BUILDING FOR MEDICAL OFFICE USE! · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Low Indiana Taxes!

PROPERTY FACTS

Property Type
Retail
Property Subtype
Restaurant
Building Size
3,880 SF
Building Class
C
Year Built/Renovated
1969/1985
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
0.79 AC
Zoning
CD-5 - Urban Center Character District
Parking
77 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
190’ on Ridge Rd

AMENITIES

  • Pylon Sign
  • Restaurant
  • Signage
  • Wheelchair Accessible

ABOUT 745 RIDGE RD , MUNSTER, IN 46321

Opportunity to own real estate in one of NW Indiana's best areas! 3,880 sq.ft. (plus full basement) restaurant/free-standing building with 65 parking spaces and 190' frontage on Ridge Road. Purchase as a development or buy the existing business (30+ years old) and lease. Call broker for business price and lease rate. Located in NW Indiana's premiere Town of Munster. High Household Incomes and Property Values! This site is 1 building away from the signalized intersection of Ridge Road and Calumet Avenue. Munster has experienced an influx of Illinois residents due to a lower-cost to do business, a 30-minute drive to downtown Chicago and the other projects projected in Munster (Extension of the South Shore Train Station 1/2 mile from this site & a new 500,000 sq.ft. mixed -use development in south Munster). Community Hospital (458 beds) with 600 physicians & Munster High School is 3/4- mile south.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
45-06-24-276-016.000-027
Land Assessment
$245,000
Improvements Assessment
$225,900
Total Assessment
$470,900
  • Listing ID: 15209024

  • Date on Market: 2/18/2019

  • Last Updated:

  • Address: 745 Ridge Rd, Munster, IN 46321

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