7235-7241 Calumet Ave - Freestanding FOR SALE


Hammond, IN 46324
$479,400 USD
216-375-7533
7235-7241 Calumet Ave, Hammond, IN for Sale
$479,400 USD
Freestanding - FOR SALE
1/37
null | Request Cap Rate

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7235-7241 Calumet Ave
Hammond, IN 46324


HIGHLIGHTS

  • Heavy Traffic Area
  • Prime Location
  • Corner Lot

OVERVIEW

Great investment opportunity offered below market value! This established corner-lot commercial property is located in a high-traffic area along Calumet Avenue and offers over 12,000 square feet of versatile space. The building provides potential for up to 7 separate retail/commercial units, making it ideal for investors or owner-users seeking strong income potential once fully occupied. Additional value includes garage space accommodating 9+ vehicles, allowing for mixed-use possibilities, storage, or tenant amenities. Excellent visibility, flexible layout, and upside potential make this a solid value-add opportunity.

FOR SALE DETAILS

PRICE

$479,400 USD

PRICE/SF

$40 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront, Storefront Retail/Office, Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1946

SPRINKLERS

-

PARKING SPACES

9

LAND DETAILS

LAND ACRES

0.29 AC

LAND SF

12,632 SF

ZONING

C4

APN/PARCEL ID

45-07-07-351-019.000-023

ASK ABOUT THIS PROPERTY

Anil BhallaListing Leaders NWMore Info
216-375-7533

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Anil BhallaListing Leaders NWMore Info
216-375-7533

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