506-510 Ridge Rd - Office FOR SALE


Munster, IN 46321
$1,000,000 USD
219-795-1100
506-510 Ridge Rd, Munster, IN for Sale
$1,000,000 USD
Office - FOR SALE
1/51
null | Request Cap Rate

506-510 Ridge Rd
Munster, IN 46321


OVERVIEW

This is a 2-building assemblage with 2 additional vacant lots totaling 4 parcels: 506 Ridge Road is a corner residential house turned commercial office with interior features of 1,955 SF main level with 5 offices, reception, bathroom, and 2 staff rooms. Lower level is finished, 1,419 SF with office, break room, closet, mechanical room and finished storage area. 2nd floor is 710 SF with 4 offices, attic space, bathroom and closets. 510 Ridge Road is an 820 SF single story office with interior features of reception area, conference room, office, bathroom, mechanical room and break room. 104.81' of frontage on Ridge Road. 8315 and 8321 Harrison Street are 2 commercial lots each 0.17 acre. 100' of frontage x 225' depth on Harrison Street with combined lots. Located 1/2 a mile west of Calumet Avenue between Harrison and Jackson Avenue. Less than a half mile east of the IL/IN State line. Less than 1 mile away from the brand new Westlake South Shore train station, heading North through Chicago and East to South Bend. One mile north of Munster High School, Wilber Wright Middle School and Munster Community Hospital. 1 mile south of I-80/94 interchange. 4 1/2 miles north of U.S. Highway 30. Close to Jewel-Osco, Old National Bank, Howard Meats, Target, Staples, Five Guys, Panera, Dunkin' Donuts, Chipotle, Arby's, Johnny's Tap, The Commander, Wendy's, Dairy Queen, Munster Donuts, Strack and Van Til, Grocery, Bombers BBQ, Applebee's, McDonald's, Munster Town Hall, and more! INDOT traffic counts for Ridge Road are 18,737 cars/day.

FOR SALE DETAILS

PRICE

$1,000,000 USD

PRICE/SF

$175 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

C

YEAR BUILT

1953

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.65 AC

LAND SF

28,314 SF

ZONING

CD-4.A

APN/PARCEL ID

45-06-24-254-001.000-027,45-06-24-254-002.000-027,45-06-24-254-009.000-027,45-06-24-254-010.000-027

ASK ABOUT THIS PROPERTY

David LasserCommercial In-Sites LLCMore Info
219-795-1100

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David LasserCommercial In-Sites LLCMore Info
219-795-1100

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.