7131-7139 Indianapolis Blvd - Office FOR SALE


Hammond, IN 46324
$649,000 USD
219-218-8200
7131-7139 Indianapolis Blvd, Hammond, IN for Sale
$649,000 USD
Office - FOR SALE
1/10
null | Request Cap Rate

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7131-7139 Indianapolis Blvd
Hammond, IN 46324


HIGHLIGHTS

  • Well maintained office building for sale on Indianapolis Boulevard
  • Located within 5 minutes of the expressway
  • Two unit building, with one one unit leased by a national tenant until June of 2028
  • Several improvements within the last 5 years, including new roof, rooftop HVAC, updated facade and lighting, completed within the last 4 years
  • Vacant 2800sf unit with 1830sf basement available for owner user

OVERVIEW

Multi-tenant office building for sale in Hammond. Zoned C4, this property is strategically located on Indianapolis Boulevard, offering quick access to the expressway, a key advantage for business owners and investors. This property has undergone significant improvements within the last 4 years, including a new roof, rooftop HVAC, and updated facade and lighting. The north unit (2,170sf) is leased until June of 2028 to a national medical user who has been at this location for over a decade. The south unit (2,800sf with an 1,830sf basement) will be available upon sale to a new user. Taxes are approximately $11,000 annually.

FOR SALE DETAILS

PRICE

$649,000 USD

PRICE/SF

$95 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1955

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.32 AC

LAND SF

13,939 SF

ZONING

C4

APN/PARCEL ID

45-07-08-451-004.000-023

ASK ABOUT THIS PROPERTY

Chandler KimmelLatitude CommercialMore Info
219-218-8200

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Chandler KimmelLatitude CommercialMore Info
219-218-8200

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