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Mixed-Use Courtyard Property
For Lease
$1,038/Mo

435 Ridge Road, Munster, IN 46321

Commercial Lease, Munster, IN

Space Size1,500 SF
Lot Size0.91 Acres
Days on Market171

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 Central, Forced Air
Water source Public

Building Details

Year built 1973
Listing Agency: McColly Real Estate
Listed By: Anthony Christopher · License #RB22001074
Added: Apr 18 Changed: Sep 12 Last Checked: Oct 5 at 6:06PM
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.

This mixed-use commercial property at 435 Ridge Road provides multiple leasing options within a 29,998-square-foot building on 0.905 acres. Available units begin at 1,500 SF and include walkable retail space, a fully built-out salon, and private office suites. The property was constructed in 1973 and is served by public water, public sewer, forced-air heat, and central heating.

The site is positioned steps from the South Shore train station in Munster, with Ridge Road access and a high-traffic setting. Existing occupants include Mark O's Bar & Grill, Bombers BBQ, Wadas Dental, and Greenway Bikehouse, creating a varied commercial environment within the courtyard property.

The range of existing layouts supports businesses seeking retail, salon, or office space in a shared commercial setting. Suite availability and configurations should be evaluated by unit.

Key Highlights

  • Multiple units available starting at 1,500 SF
  • 29,998‑square‑foot mixed‑use building on 0.905 acres
  • Steps from the South Shore train station

Property Analytics

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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 Furniture & Home Goods (Bike/Boat/Book/etc) Store Daycare Center

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

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Flexible commercial suites near the South Shore train station with retail, salon, and office configurations.
Where is this mixed-use property 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 units available starting at 1,500 SF; 29,998‑square‑foot mixed‑use building on 0.905 acres; Steps from the South Shore train station
More about this property
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