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Courtyard Retail and Office Building
For Lease
$1,038/Mo

435 Ridge Road, Munster, IN 46321

Commercial Lease, Munster, IN

Space SizeContact for details
Lot Size0.91 Acres
Days on Market125

Property Features for 435 Ridge Road

General Information

Property type Commercial Lease
Property subtype Retail
Subdivision Harrison Ridge Sub
View City
Directions Heading East on Ridge Road complex is on your right hand side off of Harrison ave.
Standard status Active
APN 450624204004000027
Size 29,998 SF
Lot size 0.91 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description HARRISON RIDGE SUB. E.108 FT.LOT 1
Tax Annual Amount 17279
Legal Description HARRISON RIDGE SUB. E.108 FT.LOT 1

Utilities

Sewer type Public Sewer
Heating system Forced Air, Central
Water source Public

Building Details

Year built 1973
Listing Agency: McColly Real Estate
Listed By: Anthony Christopher · License #RB22001074
Added: Apr 18 Changed: Aug 19 Last Checked: Aug 20 at 2:06PM
MLS# 837370

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.

A courtyard-style commercial property offering a dynamic mix of spaces, including walkable retail, a fully built-out salon space, and private office suites. Multiple units are available, with sizes starting at 1,500 square feet, making the layout well-suited for different day-to-day business needs.

The building is located on Ridge Road in Munster, and is described as being just steps from the new South Shore train station. Current tenant activity includes Mark O's Bar & Grill, Bombers BBQ, Wadas Dental, Greenway Bikehouse, and other businesses, creating a built-in mix of neighborhood services.

As a multi-unit courtyard asset, the property supports both street-facing retail-style operations and office or appointment-based uses within the same coordinated setting.

Key Highlights

  • Multiple commercial units available, starting at 1,500 SF
  • Just steps from the new South Shore train station
  • Courtyard commercial property on Ridge Road offering walkable retail, a fully built‑out salon space, and private office suites

Property Analytics

Current Use

Shimmery Gallery Art Gallery Bombers BBQ Take-out & Catering Mark O’s Bar ... Bar & Pub Salon On Ridge Hair Salon

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Auto Parts Store Auto Repair Shop (Bike/Boat/Book/etc) Store Furniture & Home Goods

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,069
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

$20.04 /SF/Yr
Avg Asking Price
$1.57–$42 /SF/Yr
Price Range
8,004 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
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Frequently Asked Questions

What type of property is this?
Retail space - Courtyard commercial building with multiple available units, including built-out salon space and private office suites.
Where is this retail space located?
The property is located at 435 Ridge Road Munster, IN.
What is the lease rate?
The lease rate is $1,038/Mo.
What are key features of this property?
This property features: Multiple commercial units available, starting at 1,500 SF; Just steps from the new South Shore train station; Courtyard commercial property on Ridge Road offering walkable retail, a fully built‑out salon space, and private office suites
More about this property
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