This exceptional retail opportunity is located at 8130-38 Calumet Avenue in Munster, Indiana, within Lake County (zip code 46321). The property boasts a prime location in Munster's bustling retail district, less than half a mile from the heavily trafficked I-80/94 interchange. This newly constructed (2023) building offers a total of 3,630 square feet, situated on a 0.36-acre lot. Currently, a portion of the building is occupied by Smoothie King and Parlor Doughnuts, creating a strong synergy for potential tenants. A single vacant retail space of 674 square feet is available, representing a south endcap unit. The building features multiple tenancies, providing flexibility and potential for growth. With over 43,000 vehicles passing daily on Calumet Avenue, this location offers unparalleled visibility and access to a large customer base. This is an excellent opportunity to establish a business in a highly desirable and competitive market with established co-tenants. The property's strategic location and modern construction make it an ideal investment for businesses seeking high visibility and strong foot traffic. The available space presents a unique chance to join a thriving retail center in a prime location.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
Alternative Use
Use
Valuation
Residential
$5,736,202
Hospitality
$5,254,330
Educational
$4,371,542
Medical
$4,521,886
Retail
$6,800,176
Location Insight
City
Munster
County
Lake
State
Indiana
Latitude
41.5653
Longitude
-87.5093
CBSA code
16980
CBSA name
CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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