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Freestanding Restaurant on Ridge Road

745 Ridge Rd, Munster, IN

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For Sale

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

Type:RETAIL

Property size:

3,880 SF

Lot size:

0.80 Acres

HighLights

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.
Ample parking with 77 spaces.
Proximity to new developments, including a South Shore Line extension (0.5 miles) and a 500,000 SF mixed‑use development.
Close proximity to retailers, schools (St. Thomas More School & Munster High School) and Community Hospital.

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Listing Contact

A. Rick Scardino

For Sale

Contact for pricing

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

Type:RETAIL

Property size:

3,880 SF

Lot size:

0.80 Acres

Added:: Aug 7, 2023
Days on Market:: 1043
Last Refresh:: May 19 at 9:55 pm

Property Features for 745 Ridge Rd

General Information

Standard status: Active
Size: 3,880 SF
Lot size: 0.80 Acres
Property subtype: RETAIL

We can help!

Listing Contact

A. Rick Scardino

Listing agent A. Rick Scardino

Listing office Lee & Associates | Chicago

Listing date Aug 7, 2023

Source Moodyscre

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

All listing content including descriptions, pricing, images are the copyrighted material of Lee & Associates | Chicago

HighLights

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.
Ample parking with 77 spaces.
Proximity to new developments, including a South Shore Line extension (0.5 miles) and a 500,000 SF mixed‑use development.
Close proximity to retailers, schools (St. Thomas More School & Munster High School) and Community Hospital.

Overview

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.

Property Profile Location Intelligence

Current Use by Public Records

Commander Restaurant Restaurant

Suggested Use

Location Insight

Map
Local Demand

City: Munster
County: Lake
State: Indiana
Longitude: -87.5098
Latitude: 41.5617

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For sale
Restaurants
IN
Munster
745 Ridge Rd

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.

745 Ridge Rd, Munster, IN

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

Property Features for 745 Ridge Rd

General Information

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Turn-Key Office and Warehouse Facility

Turnkey Medical Office Condo

Munster Office Building Investment Opportunity

Munster Investment Property For Sale

Indoor Business Park Flex Space

Calumet Avenue Commercial Condominium Unit

New Class A Office Space

Munster Apartment Building For Sale

Superior Avenue Specialty Property Available

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