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745 Ridge Rd Munster, IN 46321

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For Sale
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Established Restaurant, High Traffic Area

Property size:
3,880 SF

Property Features for 745 Ridge Rd

General Information

Property type
Restaurants
Square Feet
3,880 SF
Lot Size
16,117 SF

Building Details

Buildings
1
Stories
1

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Listing Contact
Dennis Larson
Dennis Larson

Listing Agency: Diversified Commercial Real Estate Listing Agent: Dennis Larson

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

This exceptional restaurant opportunity in Munster, Indiana, presents a unique chance for ownership or lease. The 3,880-square-foot, single-story building sits on a 0.37-acre lot with 77 parking spaces and boasts 190 feet of frontage on heavily trafficked Ridge Road, near its intersection with Calumet Avenue. The property includes a half basement and is zoned CD-5 Urban Center Character District. The location offers significant advantages, including proximity to the South Shore Line extension (half a mile away) and a new 500,000-square-foot mixed-use development in South Munster. Munster itself is a thriving community with high household incomes and property values, making it an attractive location for businesses. The property benefits from excellent visibility and accessibility, with high daily traffic volume on both Ridge Road (18,422 vehicles per day) and Calumet Avenue (34,411 vehicles per day). The low Indiana real estate taxes ($11,446.84) further enhance the investment potential. The property's location offers easy access to downtown Chicago (30-minute drive) and Midway Airport (40-minute drive). Nearby amenities include St. Thomas More School, Munster High School, and Community Hospital. A monument sign is available. This established restaurant, operating for over 30 years, offers the opportunity to acquire the business, fixtures, furniture, and equipment (FF&E), and naming rights. The property is offered for both sale and lease. The APN is 45-06-24-276-016.000-027.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Commander Restaurant Restaurant

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

Location Insight

  • Map
  • Local Demand
City
Munster
County
Lake
State
Indiana
Longitude
-87.50992355
Latitude
41.56135368

FAQs

What type of property is this?
Restaurant - Established Restaurant, High Traffic Area
Where is this restaurant located?
The property is located at 745 Ridge Rd Munster, IN.
What are key features of this property?
This property features: 3,880 SF free-standing restaurant building with a half basement on a 0.37-acre lot.; 77 parking spaces.; 190 feet of frontage on Ridge Road, near its intersection with Calumet Avenue.
(219) 836-2400 Call to check price and availability
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