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    9245 Calumet Ave Munster, IN 46321

    For Lease
    $16 SF/Yr

    Traditional Office Space Available in Munster, IN

    Lot size:
    39,263 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional traditional office building, located at 9245 Calumet Ave in Munster, Indiana, presents a fantastic leasing opportunity. The property, built in 1978, boasts a total of 39,263 square feet situated on a generous 2.18 acres of land in Lake County. The building is currently configured for multiple tenants, offering flexible space options to suit various business needs. Currently, there are four available office spaces ranging in size from 986 square feet to 2,700 square feet, providing ample room for expansion or downsizing. The building's prime location in Munster offers easy access to major transportation routes, ensuring convenient commutes for employees and clients. This is an ideal opportunity for businesses seeking established office space in a thriving community. The property's substantial size and flexible layout make it suitable for a wide range of businesses, from small startups to established corporations. The ample land provides potential for future expansion or additional development. This well-maintained building offers a comfortable and productive work environment, making it an attractive option for businesses seeking a long-term lease. Interested parties are encouraged to inquire about available space and lease terms. The property's address is 9245 Calumet Ave, Munster, IN 46321.

    Property Features for 9245 Calumet Ave

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    39,263 SF
    Total Rate
    52350.67

    Building Details

    Year Built
    1978

    Unit(s) available at that property

    Space
    101
    Size
    2,700 SF
    Rate per SF
    $16
    Space
    102
    Size
    1,054 SF
    Rate per SF
    $16
    Space
    105
    Size
    986 SF
    Rate per SF
    $16
    Space
    205
    Size
    1,666 SF
    Rate per SF
    $19

    HighLights

    • Modern, renovated high‑tech office space.
    • Conveniently located two miles south of I‑80/94 on Calumet Avenue, between Franklin Parkway and 45th Street.
    • Offers easy access to major highways: I‑80, I‑94, US‑30, and US‑41.
    • Ideal for businesses seeking to upgrade or relocate to Indiana's favorable business environment.
    • Prime Munster location, walking distance to Community Hospital, Munster High School, parks, and restaurants.
    • Calumet Avenue signage rights available, with an average daily traffic count exceeding 31,000 vehicles.
    Property Profile Location Intelligence

    Current Use by Public Records

    Thriveworks Counseling & Psychiatry ... Counselor Enertronics Engineering Corporation Engineer Big City Trucking ... Trucking Company Herederos Del Reino Church Dr. Lorri Glass Social Worker

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Munster
    County
    Lake
    State
    Indiana
    Longitude
    -87.5081274
    Latitude
    41.545337

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    FAQs

    What type of property is this?
    Office Property / Space - Traditional Office Space Available in Munster, IN
    Where is this office property / space located?
    The property is located at 9245 Calumet Ave Munster, IN.
    What is the lease rate?
    The lease rate is $16-$19 SF/Yr.
    What are key features of this property?
    This property features: Modern, renovated high-tech office space.; Conveniently located two miles south of I-80/94 on Calumet Avenue, between Franklin Parkway and 45th Street.; Offers easy access to major highways: I-80, I-94, US-30, and US-41.
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    Munster, IN 46321
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    9245 Calumet Ave Munster, IN 46321
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