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Single-Level Retail Space
For Lease
$2,900/Mo

1650 W 45th Street, Munster, IN 46321

Commercial Lease, Munster, IN

Space Size2,000 SF
Lot Size2.10 Acres
Days on Market101

Property Features for 1650 W 45th Street

General Information

Property type Commercial Lease
Property subtype Other
Exterior features Lighting
Accessibility Accessible Approach with Ramp
Subdivision Shopping Center 45 Ave Add
Elementary school district Munster
Middle school district Munster
High school district Munster
Directions 45th Ave West of US 41 , East of White Oak. South side of street.
Standard status Active
Size 22,125 SF
Lot size 2.10 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description 45TH AVENUE SHOPPING CENTER ADDITION LOT 1
Tax Annual Amount 42184
Legal Description 45TH AVENUE SHOPPING CENTER ADDITION LOT 1

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Forced Air, Natural Gas
Water source Public

Amenities

brick paver walkway
old fashioned lighting
ADA access

Building Details

Year built 1975
Listing Agency: Realty Executives Premier · Realty Executives International
Listed By: John Consier · License #INDIANARB14038699
Added: May 20 Changed: Aug 19 Last Checked: Aug 28 at 5:06AM
MLS# 839232

Copyright © 2026 Greater Northwest Indiana Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 2,000-square-foot double retail unit is arranged on one level within a 22,125-square-foot commercial property. The space can be modified for occupant requirements and may support office, business, or small-format retail use. Existing features include storefront-style presentation, decorative lighting, a brick-paver pedestrian approach, and accessible ramp entry. The property was built in 1975 and is served by forced-air, natural-gas heating.

Located at 1650 W 45th Street in Munster, the property provides public water and public sewer service, with cable available. Customer parking is positioned near the entry, and taxes, water, and sewer for the unit are included in rent. The tenant is responsible for NIPSCO, cable or internet service, insurance, and a pro rata share of seasonal snow removal.

Key Highlights

  • 2,000‑square‑foot double retail unit
  • Located within a 22,125‑square‑foot commercial property
  • Single‑level layout with accessible ramp approach

Property Analytics

Current Use

Heydemann Peter T ... Physician Associated Dentists of Northwest ... Dental Office Kmak Daniel DDS Dental Office Kirk James DDS Dental Office Associated Dentists of NW ... Dental Office

Suggested Use

Top Pick Building Supply Restaurant Law Firm Big Box & Wholesale Store Hair Salon HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy
Yes
Utilities to site
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

651
Businesses Nearby

Demographics for 46321, IN

23,894
Population
9,786
Households
2.4
Avg Household Size
45
Median Age
48%
College-Educated
96%
High-School Grad
7.6 sq mi
ZIP Area
3,144
Density / Sq Mi
$105,764
Median Household Income
$57,796
Median Earnings
$1,480
Median Rent
$312,000
Median Home Value

Market

Lease Benchmarks for Munster, IN

$17.15 /SF/Yr
Avg Asking Price
$1.57–$42 /SF/Yr
Price Range
7,931 SF
Avg Space Size

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Adaptable commercial unit within an indoor retail setting, with ramp access and customer parking near the entrance.
Where is this retail space located?
The property is located at 1650 W 45th Street Munster, IN.
What is the lease rate?
The lease rate is $2,900/Mo.
What are key features of this property?
This property features: 2,000‑square‑foot double retail unit; Located within a 22,125‑square‑foot commercial property; Single‑level layout with accessible ramp approach
More about this property
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