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Office Units with Interior Hall
For Lease
$1,580/Mo

1650 W 45th Street, Munster, IN 46321

Commercial Lease, Munster, IN

Space SizeContact for details
Lot Size2.10 Acres
Days on Market102

Property Features for 1650 W 45th Street

General Information

Property type Commercial Lease
Property subtype Other
Zoning description Business
Accessibility Accessible Approach with Ramp
Subdivision Shopping Center 45 Ave Add
Lot features Paved
Directions South side of 45th Ave , Just east of White Oak. Next door to First Merchants Bank.
Standard status Active
APN 450732103001000027
Size 7,125 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

Sewer type Public Sewer
Heating system Central, Natural Gas
Water source Public

Amenities

free parking
ADA ramp
side parking lots

Building Details

Year built 1975
Listing Agency: Realty Executives Premier · Realty Executives International
Listed By: John Consier · License #INDIANARB14038699
Added: May 19 Changed: Aug 19 Last Checked: Aug 28 at 4:06PM
MLS# 839152

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 7,125-square-foot commercial property contains three available units within a multi-tenant building that has served office, medical, and retail occupants. An interior hall finished with brick pavers connects the businesses and provides a distinctive shared setting. The building dates to 1975 and uses central heating with natural gas service.

Access is available from both the front and rear, with an ADA ramp at the rear entrance. Each unit also has an exit toward the side parking areas, and on-site parking is provided. The property occupies 2.1 acres in Munster, Indiana, with public water and public sewer. Lease terms include a prorated share of property taxes, while tenants pay their own utilities and a portion of seasonal snow-plowing costs.

Key Highlights

  • Three units available for office, medical, or retail occupancy
  • 7,125 square feet within a multi‑tenant commercial building
  • Interior brick‑paver hall serving multiple businesses

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
$0.40 /SF/Yr
CAM

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

$14.6 /SF/Yr
Avg Asking Price
$1.57–$25 /SF/Yr
Price Range
9,256 SF
Avg Space Size

This space is priced 82% below the average of $14.6 /SF/Yr.

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?
Office units - Three available units accommodate office, medical, or retail uses within a multi-tenant commercial property.
Where is this office units located?
The property is located at 1650 W 45th Street Munster, IN.
What is the lease rate?
The lease rate is $1,580/Mo.
What are key features of this property?
This property features: Three units available for office, medical, or retail occupancy; 7,125 square feet within a multi‑tenant commercial building; Interior brick‑paver hall serving multiple businesses
More about this property
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