Retail•Free Standing Building•For Sale or Lease

745 Ridge Rd., Munster, Indiana 46321

Sale Price $1,800,000
Lease Rate $11,000.00 /SqFt NNN
Sale Type Owner User
Zoning C-1
Year Built 1969
Year Renovated 1975
Annual Taxes $12,846.00
Gross Bldg 3,880 SqFt
Total Avail 3,880 SqFt
Avail 3,880 to 0 SqFt
Land Area .79 Acres
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 77 parking spaces and frontage on Ridge Road. Purchase as a development or buy the existing business (30+ years old) and lease. Opportunity to lease and/or purchase the existing business and FF&E in one of NW Indiana's best areas! 3,880 sq.ft. (plus full basement) restaurant/free-standing building with 65 parking spaces and 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. Asking $11,000 per month NN. Taxes are $13,100 per year. 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.
  • Low Indiana Taxes!
  • 77 Parking Spaces!
  • High Income & Home Values!

1 Spaces

Restaurant
3,880 SqFt
$11000.00 NNN
1/20/2020 4:48:40 PM 2/14/2020 2:28:20 PM
Mike Larson
Managing Broker
Diversified Commercial Real Estate
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