Munster, IN Commercial Real Estate for Sale

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Versatile Industrial/Flex Space Building
Updated: Apr 8
Versatile Industrial/Flex Space Building

6547 Kennedy Avenue, Hammond, IN 46323

$625,000
10,370 sqft
10,370 SF industrial/flex space
Zoned C4 for versatile usage
Minutes from expressway (I‑80/94)
Adaptable space for a wide variety of uses
One 12‑foot door on the east side (rear)
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6547 Kennedy Avenue, Hammond, IN 46323

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Office and Warehouse Flex Building
Updated: Jan 12
Office and Warehouse Flex Building

9404 Margo Lane, Munster, IN 46321

$3,200,000
14,534 sqft 2.33 AC lot
2017‑built office building with 13,382 SF plus a 48' x 24' (4‑car) garage/extra 1,152 SF storage; total 14,534 SF
Includes 11 private executive offices and 50 additional workspaces; open work area with 50+ workstations and a copy room
Conference room seating for 16 people and a modern break area; building also features multiple restrooms and an employee break room with full kitchen
On‑site parking includes 63 parking spaces plus 4 garage spaces; accessible approach with ramp
Furnished with desks, chairs, cabinetry, and workstations (including reception and waiting area furnishings)
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Office Building with Private Offices
Office Building with Private Offices

3680 179th Street, Hammond, IN 46323

$495,000
5,000 sqft 0.63 AC lot

Well-maintained office building with private offices, meeting rooms, storage, four restrooms, and a kitchen in Hammond Industrial Park.

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Corner Commercial Bar Building
Corner Commercial Bar Building

1403 Michigan Street, Hammond, IN 46320

$225,000
2,012 sqft 0.22 AC lot

Commercial building with parking, commercial appliances, and additional back storage, offered for sale.

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Turnkey Restaurant and Bar on Double Lot
Turnkey Restaurant and Bar on Double Lot

6247 Kennedy Avenue, Hammond, IN 46323

$1,000,000
4,366 sqft 0.62 AC lot

Two-tenant turnkey restaurant and bar on a double lot, offering an operating and leased income component.

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Hammond Commercial Property on 165th
Hammond Commercial Property on 165th

2620 E 165th Street, Hammond, IN 46323

$915,000
8,656 sqft 0.43 AC lot

High-visibility commercial property suitable for retail, office, or medical use.

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Automotive Dealership with Parking Lot
Automotive Dealership with Parking Lot

7340 Calumet Avenue, Hammond, IN 46324

$310,000
870 sqft 0.14 AC lot

Currently operating as a used car dealership with redecorated customer areas and on-site parking on Calumet Avenue.

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Calumet Avenue Commercial Condominium Unit
Calumet Avenue Commercial Condominium Unit

9410 Calumet Ave, Suite 103A/B, Munster, IN 46321

$799,000
3,300 sqft

First-floor condominium unit in a rapidly developing commercial corridor.

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Flex Warehouse with Office Area
Flex Warehouse with Office Area

917 Conkey Street, Hammond, IN 46320

$339,900
3,240 sqft 0.12 AC lot

Flexible open-layout warehouse with overhead garage doors and a client waiting room, supported by multiple recent building updates.

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Hammond Industrial Warehouse For Sale
Hammond Industrial Warehouse For Sale

4723 Baltimore Avenue, Hammond, IN 46327

$400,000
10,528 sqft 0.64 AC lot

10,528 SF industrial warehouse in Hammond, Indiana for sale.

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Former Church Building For Sale
Former Church Building For Sale

6635 Hohman Ave, Hammond, IN 46324

$999,000
35,632 sqft 2.93 AC lot

35,632 SF former church on 2.93 acres with parking.

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Office and Warehouse Flex Building
Office and Warehouse Flex Building

9404 Margo Lane, Munster, IN 46321

$3,200,000
2.33 AC lot

Turn-key office/warehouse property with executive offices, more than 50 workspaces, and additional garage storage.

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Hammond Office Unit For Sale
Hammond Office Unit For Sale

6604 Kennedy Avenue, Hammond, IN 46323

$72,100
920 sqft 0.14 AC lot

Office unit in walkable Hammond location, close to amenities.

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Renovated Mixed-Use Building Near Train
Renovated Mixed-Use Building Near Train

474 Fayette St, Hammond, IN 46320

$775,000
6,161 sqft

Renovated mixed-use building suitable for event center or microbrewery.

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Hammond, IN Land Opportunity
Hammond, IN Land Opportunity

4514 Calumet Avenue, Hammond, IN 46327

$700,000
0.14 AC lot

Vacant lots in high-traffic area, ideal for redevelopment.

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Hammond, IN Land Parcel
Hammond, IN Land Parcel

931 Summer Street, Hammond, IN 46320

Contact for pricing
0.14 AC lot

Well-located Hammond lot near shopping, dining, and commuter routes.

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Hammond Medical Office Investment
Hammond Medical Office Investment

5529 Hohman Ave, Hammond, IN 46320

$425,000
3,892 sqft

NNN single tenant medical office space for sale.

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Turnkey Medical Office Condo
Turnkey Medical Office Condo

1646 45th Street, Munster, IN 46321

$425,000
2,400 sqft

2,400 SF medical office condo for sale in Munster.

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Corner Bar and Restaurant Building
Corner Bar and Restaurant Building

1403 Michigan Street, Hammond, IN 46320

$225,000
2,000 sqft

Standalone bar/restaurant building with on-site parking, commercial appliances, and rear storage to support a quick start-up buildout.

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Free-Standing Building on Corner Lot
Free-Standing Building on Corner Lot

5646 Hohman Ave, Hammond, IN

$369,000
4,977 sqft 0.34 AC lot

4,977 SF building suitable for retail, service, or flex uses.

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Fenced Industrial Yard Site
Fenced Industrial Yard Site

3400 Sheffield Ave, Hammond, IN 46327

$1,125,000
2.39 AC lot

Graveled, fenced yard with water, sewer, and electricity available to support light industrial or outdoor operations.

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Industrial/Flex Space Building For Sale
Industrial/Flex Space Building For Sale

6541 Kennedy Ave, Hammond, IN

$625,000
10,370 sqft 0.35 AC lot

10,370 SF industrial/flex space building, versatile C4 zoning.

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Retail Center Anchored by Family Dollar
Retail Center Anchored by Family Dollar

Sheffield Ave 3704, Hammond, IN

$750,000
18,000 sqft 1.15 AC lot

Retail shopping center with Family Dollar and vacant space.

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Hammond Industrial Park Office Space
Hammond Industrial Park Office Space

3680 179th Street, Hammond, IN 46323

$495,000
5,000 sqft

Well-maintained 5,000 SF office building in Hammond Industrial Park.

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Munster, IN Commercial Real Estate Market Trends and Statistics

Explore 72 commercial real estate for sale in Munster, IN, showcased through 39 active listings on our real estate platform. These investment opportunities span a total of 181,572 square feet of properties for sale, with an estimated market value of $17,208,900.

Sale prices for business properties in Munster, IN start at $72,100, averaging $688,356, and reaching up to $3,200,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 24K
Population Growth (5Y) +3.9%
Median Household Income $105,764
College Educated 65.4%

High-Yield Neighborhoods for Investment

Identify Munster submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
46321 $1.5M

Taxes & Financing

Tax Rate (average for all types) 2.54%
Property Tax per SF $27.67 per SF
Tax Rate vs County Average 0.52 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Lake County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Lake County

Retail

Property Size Breakdown

The majority of commercial real estate listings in Munster fall within the 50,000 to 100,000 square foot range.

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