8146 Calumet Ave - Office FOR SALE


Munster, IN 46321
$649,000 USD
317-658-5005
8146 Calumet Ave, Munster, IN for Sale
$649,000 USD
Office - FOR SALE
1/4
null | Request Cap Rate

8146 Calumet Ave
Munster, IN 46321


HIGHLIGHTS

  • Three-unit retail/office building for sale
  • Corner lot on Calumet Avenue
  • Two units (2,367sf) occupied, one unit (1,200sf) available for lease
  • Ample parking in rear of the building
  • Located within 5 minutes of the expressway

OVERVIEW

Introducing an exceptional investment opportunity in Munster, Indiana. This 3,567 SF office building, constructed in 1958, comprises three units designed for flexible use. Two units (totaling 2,367 SF) are currently occupied, providing immediate income generation, while one 1,200 SF unit is available, offering additional leasing potential for buyers. Positioned on a prominent corner lot along Calumet Avenue, the property benefits from significant street visibility and strong local traffic. Ample parking at the rear ensures convenience for tenants and visitors, enhancing operational efficiency. Situated just minutes from the expressway and approximately 30 miles southeast of downtown Chicago, this asset provides seamless connectivity throughout the Chicago metropolitan area. Its location also offers proximity to neighboring communities such as Hammond, Dyer, and Lansing, making it a strategic addition to any portfolio. This property represents a rare opportunity for investors seeking a stabilized asset with upside potential in one of Northwest Indiana’s most desirable submarkets.

FOR SALE DETAILS

PRICE

$649,000 USD

PRICE/SF

$182 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1958

SPRINKLERS

-

PARKING SPACES

7

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

9,148 SF

ZONING

-

APN/PARCEL ID

45-06-24-229-016.000-027

ASK ABOUT THIS PROPERTY

Antony MiocicLatitude CommercialMore Info
317-658-5005

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Antony MiocicLatitude CommercialMore Info
317-658-5005

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