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Multi-Tenant Retail Center
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1844 45th Street, Munster, IN 46321

Retail and office suites with shared parking, pylon signage, and a drive-in warehouse component.

Space Size1,000 SF - 12,156 SF
Property Size105,000 SF
Days on Market193

Property Features for 1844 45th Street

General Information

Standard status Active
Size 1,000 SF - 12,156 SF
Net Rentable 1,000 SF
Class B
Property subtype Multi Tenant Office

Site & Location

Pylon Signage Yes
Anchor Co-Tenants Ace Hardware, Wonder Years Learning Center, Danny Z's Bar & Grill
Public Transit Yes

Additional Details

Available Space 1,000-12,156 SF

Amenities

pylon signage

Building Details

Building Size 105,000 SF
Tenancy Multi

Spaces For Lease

at 1844 45th Street Contact us

9735 Fran-Lin Pkwy.

Size
1,000 SF
Lease Type
Gross
Contact us

1844 45th St.

Size
12,156 SF
Lease Type
Modified Gross
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1842 45th Street

Size
4,238 SF
Lease Type
Modified Net
Contact us
Listing Agency: Diversified Commercial Real Estate
Listed By: Mike Larson · License ##RB14030764
Source: Thebrokerlist
Added: Feb 18 Changed: Aug 30 Last Checked: Aug 30 at 12:31PM

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 Diversified Commercial Real Estate

Investment Insights

Based on property information with market context.

The Pavilion on 45th is a multi-tenant retail and office center offering spaces from 1,000 to 12,156 square feet. The property includes approximately 2,500 square feet of warehouse area with a drive-in door, common-area parking, and pylon signage available for new tenants.

The center occupies the signalized intersection of 45th Street and Fran-Lin Parkway in Munster, between Calumet Avenue and Indianapolis Boulevard. Existing occupants include Ace Hardware, Wonder Years Learning Center, and Danny Z’s Bar & Grill. The Indiana–Illinois border is approximately 3 miles away, while the South Shore Train Station is approximately 2 miles from the property and is estimated to be in operation in 2025.

Key Highlights

  • 1,000 - 12,156 sq.ft. of retail and office space available
  • Approximately 2,500sf of warehouse space with a drive‑in door
  • Signalized intersection of 45th Street and Fran‑Lin Parkway

Property Analytics

Current Use

O'Hara's Sports Inc (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Building Supply Restaurant Big Box & Wholesale Store Law Firm Kitchen & Bath Showroom Hair Salon

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
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

651
Businesses Nearby
Balanced
Demand for This Use

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

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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Quick-Tag Meijer, 10138 Indianapolis Blvd, Highland, IN 46322
  • Eastwood Mall 1900 45th St, Munster, IN 46321
  • The Pavilion on 45th 1800-1864 45th St, Munster, IN 46321
  • PorteDeleau plaza 2100 45th St, Highland, IN 46322

Frequently Asked Questions

What type of property is this?
Shopping center - Retail and office suites with shared parking, pylon signage, and a drive-in warehouse component.
Where is this shopping center located?
The property is located at 1844 45th Street Munster, IN.
What are key features of this property?
This property features: 1,000 - 12,156 sq.ft. of retail and office space available; Approximately 2,500sf of warehouse space with a drive‑in door; Signalized intersection of 45th Street and Fran‑Lin Parkway
More about this property
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