5217 Hohman Ave - Loft/Creative Space FOR SALE


Hammond, IN 46320
$499,000 USD
219-864-0200
5217 Hohman Ave, Hammond, IN for Sale
$499,000 USD
Loft/Creative Space - FOR SALE
1/10
null | Request Cap Rate

5217 Hohman Ave
Hammond, IN 46320


HIGHLIGHTS

  • Redevelopment opportunity available in Downtown Hammond on Hohman Avenue
  • Five story office building totaling 41,400sf
  • Minutes from the newly constructed South Short Train Line
  • Located on a corner lot
  • Ground floor can be converted to retail use and upper floors can become office or apartment use
  • Street and public parking available

OVERVIEW

Approximately 41,000sf redevelopment opportunity available at 5217 Hohman Ave in Hammond. Built in 1903 and zoned C-3, this five-story property is strategically positioned in Downtown Hammond. Situated on a corner lot on Hohman and Fayette, the building offers convenient access to the newly constructed South Shore Train Line, making it an ideal location for office or apartment spaces. With the ground floor offering flexible potential for retail conversion, and ample street and public parking available, this property is a compelling choice for discerning investors seeking a value-add property in a rapidly redeveloping neighborhood.

FOR SALE DETAILS

PRICE

$499,000 USD

PRICE/SF

$12 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Hohman Square

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

5

BUILDING CLASS

C

YEAR BUILT

1903

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,500 SF

ZONING

C-3

APN/PARCEL ID

45-02-36-183-005.000-023

ASK ABOUT THIS PROPERTY

Antony MiocicLatitude CommercialMore Info
219-864-0200

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Antony MiocicLatitude CommercialMore Info
219-864-0200

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