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.
Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : NRA838209
Price : $449,400
Bedrooms : 0
Rooms : 0
Bathrooms : 0
Half Bathrooms : 0
Year Built : 1946
Lot Area : 12,502 Sqft
Status : Active
Acres : 0.287
Property Subtype 1 : Mixed Use
Status : Active
Features
Heating System : Forced Air, Natural Gas
Parking : Garage Door Opener, Paved, On Street, Garage Faces Rear
Address Map
Country : US
State : IN
County : Lake
City : Hammond
Street : Calumet
Street Number : 7235
Street Suffix : Avenue
Postal Code : 46324
Floor Number : 0
Longitude : W88° 29' 28.8''
Latitude : N41° 34' 53.6''
Directions : From 80/94 take Calumet Ave North. Property is on the East side of Calumet across from Walgreens.