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745 Ridge Rd Munster, IN 46321

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For Sale
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3,880 SF restaurant on 0.37 acres with 77 parking spaces.

Property size:
3,880 SF
Lot size:
0.80 Acres

Property Features for 745 Ridge Rd

General Information

Size
3,880 SF
Lot size
0.80 Acres

Source: Lee & Associates | Chicago Agent A. Rick Scardino

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Freestanding Restaurant on Ridge Road

This 3,880 square foot freestanding restaurant, which includes a half basement, is situated on 0.37 acres. The property features 190 feet of frontage on Ridge Road and includes 77 parking spaces. The site is located in Munster, Indiana, near the Illinois/Indiana border, an upper middle-class suburb within the Chicago metropolitan area. Munster is recognized for high home ownership, convenient access to the Chicago metropolitan area, and low taxes. The property is located within close distance to retailers, schools such as St. Thomas More School and Munster High School, and Community Hospital. The location is in the CD-5 Urban Center Character District, and signage is available. Ridge Road sees 18,422 vehicles per day, while Calumet Avenue sees 34,411 vehicles per day. A South Shore train station extension is located approximately 0.5 miles from the site, and a new 500,000 square foot mixed-use development is planned in South Munster. The property is approximately a 30-minute drive to downtown Chicago and a 40-minute drive to Midway Airport. The property is suitable for restaurant or redevelopment. The property previously operated as a restaurant for over 30 years.
Insight Report Location Intelligence

Current Use by Public Records

Commander Restaurant Family Restaurant

Suggested Use

Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Munster
County
Lake
State
Indiana
Longitude
-87.5097523
Latitude
41.5616602

FAQs

What type of property is this?
Restaurant - 3,880 SF restaurant on 0.37 acres with 77 parking spaces.
Where is this restaurant located?
The property is located at 745 Ridge Rd Munster, IN.
What are key features of this property?
This property features: - High-traffic location with 190' frontage on Ridge Road (18,422 VPD) near Calumet Avenue (34,411 VPD) and a signalized intersection.; - Existing 3,880 SF restaurant with half basement on 0.37 acres, including FF&E and naming rights available for sale or lease.; - Located in Munster, IN, a highly-rated (A+) and growing suburb of Chicago with low taxes and high home ownership.
More about this property
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