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Multi-Tenant Office Building
For Sale
$2,499,000

9245 Calumet Avenue, Munster, IN 46321

Renovated commercial property with on-site parking, accessibility features, and proximity to healthcare, retail, and residential areas.

Property Size40,398 SF
Days on Market28

Property Features for 9245 Calumet Avenue

General Information

Standard status Active
Size 40,398 SF
Class B
Total Parking Spaces 118
Property subtype Office - General Office
Occupancy 65%

Amenities

freestanding digital directory
handicap-accessible lift

Building Details

Building Size 40,398 SF
Year Built 1978
Year Renovated 2024
Tenancy Multi
Listing Agency: Commercial In-Sites
Listed By: David A. Lasser
Source: Commercialcafe
Added: Aug 2 Changed: Aug 29 Last Checked: Aug 25 at 4:31AM

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 Commercial In-Sites

Investment Insights

Based on property information with market context.

The Fairmont Building is a 38,208-square-foot multi-tenant office property with 22 occupants and 65% current leasing. Originally constructed in 1978 as a health and racquetball club, the building received renovations in 1988 and 2024. Interior improvements include a freestanding digital directory and a handicap-accessible lift, while 118 on-site parking spaces support daily operations.

Located at 9245 Calumet Avenue in Munster, the property sits near major healthcare providers, retail businesses, and residential neighborhoods. Short-term leases provide flexibility for a potential change of use. The configuration accommodates both investor and owner-user considerations, with an established tenant base and varied commercial space within the building.

Key Highlights

  • 38,208‑square‑foot office building with 22 tenants and 65% current leasing
  • Renovated in 1988 and 2024; originally built in 1978
  • 118 on‑site parking spaces

Property Analytics

Current Use

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

Suggested Use

Top Pick Real Estate Agency Restaurant Building Supply Auto Repair Shop Big Box & Wholesale Store 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

65%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,848
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

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
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Frequently Asked Questions

What type of property is this?
Office building - Renovated commercial property with on-site parking, accessibility features, and proximity to healthcare, retail, and residential areas.
Where is this office building located?
The property is located at 9245 Calumet Avenue Munster, IN.
What is the asking price?
The asking price for this property is $2,499,000.
What are key features of this property?
This property features: 38,208‑square‑foot office building with 22 tenants and 65% current leasing; Renovated in 1988 and 2024; originally built in 1978; 118 on‑site parking spaces
More about this property
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