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    Munster, IN
    Retail

    Munster, IN Retail Space for Sale

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    Calumet City, IL East Chicago, IN Lansing, IL Burnham, IL South Holland, IL Whiting, IN Dolton, IL Highland, IN
    12 properties
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    Versatile Commercial Building on Double Lot
    Updated: Aug 8, 2025
    Versatile Commercial Building on Double Lot

    917 Conkey St, Hammond, IN 46320

    $339,900
    3,200 sqft 0.12 AC lot
    Versatile 3,200 sq. ft. commercial building on a double lot in the heart of Hammond.
    Flexible open floor plan with high ceilings and overhead garage doors suitable for various business types.
    Excellent street visibility, dedicated entrance, and client waiting room.
    Recent major updates including a new bathroom (2024), water heater (2025), HVAC system, and roof.
    Ample on‑street parking and a location that complements the surrounding residential area.
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    This listing looks promising.

    Here's a quick look at some key insights for

    917 Conkey St, Hammond, IN, 46320-2531

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    • Est. Cap Rate

      9.1%
      Above avg (5.9%)

    • Est. NOI

      $31K
      Annual

    • Price @ 7% Cap

      $441K
      Above asking

    • Property Type

      Auto Repair, Garage
      Built 1946
    View Property Analytics
    Hammond Commercial Property on 165th
    Updated: Mar 25
    Hammond Commercial Property on 165th

    2620 E 165th Street, Hammond, IN 46323

    $915,000
    8,656 sqft 0.43 AC lot
    High‑visibility location on 165th Street with strong daily traffic counts.
    Versatile property suitable for retail, office, medical, or service‑based businesses.
    Ample on‑site parking for customers and employees.
    Conveniently located near major roadways, restaurants, and established businesses.
    Functional layout easily adaptable to meet business needs.
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    First-Floor Office/Retail Condominium Unit
    First-Floor Office/Retail Condominium Unit

    9410 Calumet Ave, Munster, IN 46321

    $850,000
    3,300 sqft

    First-floor unit combines a finished leased suite and an unfinished shell within a mixed-use campus.

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    Retail-Office Building with Ample Parking
    Retail-Office Building with Ample Parking

    2620 165th St, Hammond, IN 46323

    $915,000
    8,656 sqft

    Versatile space on 165th Street with on-site parking and adaptable layout for retail, office, medical, or services.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Corner-Lot Retail Building
    Corner-Lot Retail Building

    5621-25 Hohman Ave, Hammond, IN 46320

    Contact for pricing
    4,000 sqft

    Multi-front retail building on a corner lot with three entry doors and rear private parking.

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    First-Floor Office/Retail Condominium
    First-Floor Office/Retail Condominium

    9410 Calumet Ave, Munster, IN 46321

    Contact for pricing
    3,300 sqft

    First-floor condominium with an in-place lease plus an unfinished unit within a mixed-use campus on Calumet Avenue.

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    Four-Unit Retail/Industrial Building
    Four-Unit Retail/Industrial Building

    7235-7241 Calumet Ave, Hammond, IN 46324

    Contact for pricing
    8,906 sqft

    Four-unit property with two leased retail spaces and two light industrial units plus four garages and onsite parking.

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    Industrial
    Industrial

    741 Hoffman St, Hammond, IN 46327

    Contact for pricing
    8,833 sqft 0.34 AC lot

    Warehouses · 8,833 SF

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    Indoor Business Park Flex Space
    Indoor Business Park Flex Space

    1650 W 45th Street, Munster, IN 46321

    Contact for pricing

    Single-level flex setup with abundant parking and accessible rear entry for office and specialized retail use.

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    Mixed-Use Property with Off-Street Parking
    Mixed-Use Property with Off-Street Parking

    532-34 Conkey Street, Hammond, IN 46324

    Contact for pricing

    Mixed-use building with vacant retail/office space, two rented residential studios, on-site laundry, and off-street parking.

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    Hospitality, Mixed Use, Office, Retail
    Hospitality, Mixed Use, Office, Retail

    407 Ridge Rd, Munster, IN 46321

    Contact for pricing
    2,735 sqft

    Mixed-use properties · 2,735 SF

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    Corner Lot Commercial Building
    Corner Lot Commercial Building

    931 Chicago St, Hammond, IN 46327

    Contact for pricing

    Commercial building on a corner lot with main-floor office and retail-ready space, plus residential-style living areas on upper levels.

    View details
    Based on your search, we've compiled 58 Potential Opportunities for your consideration. Besides 12 Active listings in Munster, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 41 Off-Market properties to explore as potential leads, plus 1 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Former Bar and Restaurant Space
    Former Bar and Restaurant Space

    604 W 151st Street, East Chicago, IN 46312

    $95,000
    1,875 sqft 0.09 AC lot

    Previously operated bar with unique architectural features, currently vacant and without an active liquor license.

    View details
    Mixed-Use Property on Indianapolis Boulevard
    Mixed-Use Property on Indianapolis Boulevard

    4802 Indianapolis Blvd, East Chicago, IN 46312

    Contact for pricing
    4,680 sqft

    East Chicago mixed-use property with high visibility and traffic.

    View details
    Well-Maintained Retail Building For Sale
    Well-Maintained Retail Building For Sale

    665 River Oaks Dr, Calumet City, IL

    Contact for pricing
    12,855 sqft 0.19 AC lot

    12,855 SF retail building near River Oaks Mall.

    View details
    Multi-Tenant Retail Center
    Multi-Tenant Retail Center

    668-702 River Oaks Dr, Calumet City, IL 60409

    Contact for pricing
    22,197 sqft 1.13 AC lot

    Multi-tenant retail center totaling 22,197 square feet on about 1.13 acres in a transit-oriented River Oaks corridor.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    PUD-Zoned Commercial Land with Frontage
    PUD-Zoned Commercial Land with Frontage

    3229 State Road 207, Elkton, FL 32033

    $1,599,000
    2.07 AC lot

    2.07-acre PUD-zoned parcel on State Hwy 207 with 360 feet of frontage and an on-site renovated 2012 home.

    View details

    Off-Market Properties in Munster, IN

    Consider similar Off-Market properties in Munster, IN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    27 Rdg Rd
    RETAIL STORES (PERSONAL SERVICES)

    27 Rdg Rd, Munster, IN 46321-1568

    Value Estimation by Request
    4,722 sqft 0.18 AC lot
    View details
    8050 Calumet Ave
    RETAIL STORES (PERSONAL SERVICES)

    8050 Calumet Ave, Munster, IN 46321-1218

    Value Estimation by Request
    2,275 sqft 0.22 AC lot
    View details
    745 Rdg Rd
    RETAIL STORES (PERSONAL SERVICES)

    745 Rdg Rd, Munster, IN 46321-1611

    Value Estimation by Request
    3,880 sqft 0.37 AC lot
    View details
    8044 Calumet Ave
    RETAIL STORES (PERSONAL SERVICES)

    8044 Calumet Ave, Munster, IN 46321-1218

    Value Estimation by Request
    2,064 sqft 0.15 AC lot
    View details
    225 Rdg Rd
    RETAIL STORES (PERSONAL SERVICES)

    225 Rdg Rd, Munster, IN 46321-1525

    Value Estimation by Request
    2,600 sqft 0.23 AC lot
    View details
    8231 Hohman Ave
    RETAIL STORES (PERSONAL SERVICES)

    8231 Hohman Ave, Munster, IN 46321-1573

    $545,000
    Estimated value
    13,524 sqft 0.75 AC lot
    View details
    8146 Calumet Ave
    RETAIL STORES (PERSONAL SERVICES)

    8146 Calumet Ave, Munster, IN 46321-1702

    Value Estimation by Request
    3,567 sqft 0.21 AC lot
    View details
    213 Rdg Rd, Unit 19
    RETAIL STORES (PERSONAL SERVICES)

    213 Rdg Rd, Munster, IN 46321-1525

    Unit 19
    Value Estimation by Request
    5,500 sqft 0.38 AC lot
    View details
    8930 Calumet Ave
    RETAIL STORES (PERSONAL SERVICES)

    8930 Calumet Ave, Munster, IN 46321-2802

    $1,820,000
    Estimated value
    14,610 sqft 1.42 AC lot
    View details
    8307 Calumet Ave
    RETAIL STORES (PERSONAL SERVICES)

    8307 Calumet Ave, Munster, IN 46321-1723

    Value Estimation by Request
    1,526 sqft 0.21 AC lot
    View details
    8314 Calumet Ave
    RETAIL STORES (PERSONAL SERVICES)

    8314 Calumet Ave, Munster, IN 46321-1724

    Value Estimation by Request
    1,344 sqft 0.31 AC lot
    View details
    9140 Calumet Ave
    RETAIL STORES (PERSONAL SERVICES)

    9140 Calumet Ave, Munster, IN 46321-2806

    $600,000
    Estimated value
    5,107 sqft 1.18 AC lot
    View details

    Munster, IN Retail Space Market Trends and Statistics

    Explore 53 retail space for sale in Munster, IN, showcased through 12 active listings on our real estate platform. These investment opportunities span a total of 51,586 square feet of properties for sale, with an estimated market value of $3,019,900.

    Sale prices for retail space in Munster, IN start at $339,900, averaging $754,975, and reaching up to $915,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Shopping centers 3
    Storefront properties 2

    Demographics Overview

    Population 24K
    Population Growth (5Y) +3.9%
    Median Household Income $105,764
    College Educated 65.4%

    High-Yield Neighborhoods for Investment

    Identify Munster submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    46321 $1.7M

    Taxes & Financing

    Tax Rate (average for all types) 2.54%
    Property Tax per SF $27.67 per SF
    Tax Rate vs County Average 0.52 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Lake County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Lake County

    Retail

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    Most Searched ZIP Codes in Munster, IN

    • 46321
    • 46320
    • 46323
    • 46324
    • 46327

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