Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search

    407 Ridge Rd Munster, IN 46321

    Sponsored
    For Lease
    $28 SF/Yr ($6,766 /Mo)

    New 2,900 SF Office, Retail, or Restaurant Space

    Lot size:
    2,900 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional Class A commercial property, located at 407 Ridge Rd, Munster, IN 46321, offers up to 2,900 square feet of newly constructed space, completed in December 2023. Situated at a prominent corner location on Ridge Road, near the new Munster Train Station, this property boasts high visibility and accessibility. The building features a single story with 20-foot ceilings and ample parking (40 spaces). The space is divisible, with a minimum leasable area of 1,340 square feet and a maximum contiguous space of 2,900 square feet. Multiple suites are available, making it suitable for a variety of uses, including traditional office, medical office, creative office, executive office, retail, and restaurant establishments. The property is zoned commercial and offers 3-phase power if required. This is an unparalleled opportunity to establish a presence in a thriving Northwest Indiana community within a main commercial corridor. The building's modern design and prime location make it an ideal choice for businesses seeking a high-profile address. Don't miss this chance to secure your space in this exceptional new development.

    Property Features for 407 Ridge Rd

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2,900 SF
    Class
    A
    Total Rate
    6766.67

    Building Details

    Year Built
    2023
    Stories
    1

    Unit(s) available at that property

    Space
    Available Space 1
    Size
    2,900 SF
    Rate per SF
    $28

    HighLights

    • Up to 2,900 SF of new construction available for lease.
    • High‑visibility location at the Ridge Road stoplight in Munster, Indiana, adjacent to the new Munster train station.
    • Delivered as a white box space with a finished restroom.
    • Tenant improvements allowed for build‑out to suit.
    • High ceilings (20'+).
    • Ample off‑street parking (40 spaces).
    Property Profile Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop 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
    -87.518285220716
    Latitude
    41.562489824974

    Nearby Similar for Lease

    • $10 SF/Yr
      7,555 SF

      Premier Munster Office Space Available

      Remodeled office space in a meticulously maintained professional center.
      1630 45Th St, Munster, IN 46321
      View Details
    • $1,800 /Mo
      3,600 SF

      Munster Office Space For Rent

      Second floor office space with open floor plan available.
      8224 Calumet Ave, Munster, IN 46321
      View Details
    • $11 SF/Yr
      9,000 SF

      Warehouse Space in Munster, Indiana

      9,000 SF warehouse for lease in Munster, Indiana.
      648 Progress Ave, Munster, IN 46321
      View Details
    • $1,650 /Mo
      945 SF

      Clean Apartment with Eat-in Kitchen

      Two-bedroom apartment with appliances, storage, and on-site laundry.
      1112 Camellia Dr, Munster, IN 46321
      View Details
    • $17 SF/Yr
      6,700 SF

      Executive Office Space for Lease

      Prime Medical District Location, 3,350-6,700 SF
      9301 Calumet Ave, Munster, IN 46321
      View Details
    • $12 SF/Yr
      18,098 SF

      Harrison Ridge Executive Suites

      Munster, IN Office & Retail Space Available
      417-435 Ridge Rd, Munster, IN 46321
      View Details
    • $16 SF/Yr
      39,263 SF

      Munster Office Building for Lease

      Traditional Office Space Available in Munster, IN
      9245 Calumet Ave, Munster, IN 46321
      View Details
    • Contact for pricing
      451,240 SF

      Munster, IN Industrial/Office Space

      Large Single-Tenant Industrial/Office Building in Munster, IN
      475 Superior Ave, Munster, IN 46321
      View Details
    • $7,200 /Mo
      13,491 SF

      Munster Office Suites For Lease

      Five Suites, Prime Munster Location
      1544 45Th St, Munster, IN 46321
      View Details
    • $16 SF/Yr
      3,567 SF

      Munster Office Space for Lease

      Prime Munster location, 1,200 sq ft available
      8146 Calumet Ave, Munster, IN 46321
      View Details
    • $14 SF/Yr
      3,031 SF

      Functional Warehouse Space Available

      Warehouse space with drive-in doors, office, and restroom.
      620 Progress Ave, Munster, IN 46321
      View Details
    • $14 SF/Yr
      450 SF

      Ridge Road Retail/Office Space

      Corner location with retail and office space available for rent.
      417-419 Ridge Rd, Munster, IN 46321
      View Details

    FAQs

    What type of property is this?
    Restaurant - New 2,900 SF Office, Retail, or Restaurant Space
    Where is this restaurant located?
    The property is located at 407 Ridge Rd Munster, IN.
    What is the lease rate?
    The lease rate is $28 SF/Yr.
    What are key features of this property?
    This property features: Up to 2,900 SF of new construction available for lease.; High-visibility location at the Ridge Road stoplight in Munster, Indiana, adjacent to the new Munster train station.; Delivered as a white box space with a finished restroom.
    Request Owner's contact information
    407 Ridge Rd Munster, IN 46321
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    407 Ridge Rd
    Munster, IN 46321
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    407 Ridge Rd Munster, IN 46321
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.