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7239-7241 Calumet Ave
Hammond, IN 46324

Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Expansive storefronts for maximum display opportunities
  • Just 2 minutes from I-94
  • Dynamic and adaptable space for various users
  • High visibility and exposure on Calumet Avenue
  • Strategic location near prominent neighboring businesses

EXECUTIVE SUMMARY

Seize the opportunity to invest in a standout property in Hammond's vibrant commercial district, suited for office or retail use. This property features large, eye-catching storefronts with exceptional display capabilities that draw in high foot traffic. Situated on the well-traveled Calumet Avenue, it guarantees excellent visibility, significantly enhancing exposure and attracting a robust customer base. Equipped with up-to-date amenities, the space offers flexible layouts that can adapt to various business needs, from boutique shops to larger enterprises, and includes 4 garages, adding valuable storage or operational space. Located near key transportation routes and surrounded by prominent local businesses, this property presents a prime opportunity for investors looking to establish a strong presence in a growing market.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
8,906 SF
Building Class
C
Year Built
1946
Price
$525,000
Price Per SF
$59
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.71
Lot Size
0.29 AC
Parking
9 Spaces (1.01 Spaces per 1,000 SF Leased)
Frontage
100 FT on Calumet Ave

AMENITIES

  • Signage
  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
45-07-07-351-019.000-023
Land Assessment
$112,200
Improvements Assessment
$545,500
Total Assessment
$657,700
  • Listing ID: 34949569

  • Date on Market: 2/26/2025

  • Last Updated:

  • Address: 7239-7241 Calumet Ave, Hammond, IN 46324

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