7235-41 Calumet Avenue

7235-41 Calumet Avenue, Hammond, IN 46324

  • For Sale $525,000
  • Property Type Retail - Street Retail
  • Property Size 8,906 SF
  • Lot Size 0.29 Acre
  • Date Updated Apr 2, 2025
Located at 7235-41 Calumet Avenue in Hammond, IN, this retail property sits prominently on US 41 with excellent access to major transportation links, including a two-minute drive to I-94. Hammond boasts a population of 77,879 as of 2020 and stretches from Lake Michigan to the Little Calumet River and from the Illinois state line to Cline Avenue. The city benefits from excellent transport links, including the South Shore Line, Borman Expressway, and Indiana Toll Road, enhancing its connectivity. Noteworthy local attractions include the scenic Wolf Lake parklands and the Horseshoe Hammond riverboat casino. Additionally, the upcoming West Lake Corridor project is poised to significantly boost Hammond's economy by enhancing regional accessibility and stimulating economic growth, making this property an even more attractive investment.Seize the opportunity to own a strategically positioned property just two minutes from I-94, boasting great visibility on Calumet Avenue, perfect for businesses seeking a high-traffic location. This mixed-use building features a total of four units, comprising two fully leased retail spaces that attract steady foot traffic and two versatile light industrial spaces, offering ample flexibility for a range of business activities. Each unit offers different amenities, with some featuring garage access, perfect for businesses that need extra storage or workspace. Plus, onsite parking makes it easy for both customers and staff to come and go. With adjacent parcel owners open to selling, this property not only serves current business needs but also offers potential for future development. Ideal for investors or developers, this property provides significant value-add potential.
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Highlights

  • Just 2 minutes from I-94
  • 4-unit property featuring 2 fully leased retail spaces and 2 light industrial spaces
  • High visibility and exposure on Calumet Avenue
  • 4 garages for enhanced operational flexibility
  • Onsite parking
  • Adjacent parcel owners open to selling, perfect for expansive development opportunities.

Contacts

broker

Latitude Commercial

Location

Getting Around

  • Walk Score ®

    71/100 Very Walkable
  • Bike Score ®

    49/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Hammond, IN
  • Neighborhood South Hammond
  • Zip Code 46324
  • Market Chicago

Points of Interest

  • East Chicago

    2.59 miles

  • Dyer

    4.59 miles

  • Hammond-Whiting

    7.58 miles

  • Gary Metro Center

    8.96 miles

  • Speedway

    0.49 miles

  • Marathon

    0.78 miles

  • Citgo

    1.06 miles

  • Mobil

    1.10 miles

  • Shell

    1.33 miles

  • BP

    1.38 miles

  • Hammond City Hall Parking

    1.63 miles

  • South 173rd Street Parking

    1.74 miles

  • North 173rd Street Parking

    1.78 miles

  • 169th Street Parking

    1.81 miles

  • 169th St. Parking Garage

    1.90 miles

  • Griffith Municipal Parking Lot

    5.80 miles

  • 84 HSM Parking Lot

    7.71 miles

  • Village Mall parking

    8.06 miles

  • Dunkin'

    0.08 miles

  • Edwardo's Natural Pizza

    0.83 miles

  • Burger King

    0.87 miles

  • Taco Bell

    0.91 miles

  • White Castle

    0.92 miles

  • Wendy's

    0.96 miles

  • Arby's

    1.09 miles

  • McDonald's

    1.11 miles

  • Panera Bread

    1.13 miles

  • Firehouse Subs

    1.19 miles

  • ALDI

    0.97 miles

  • Target

    0.98 miles

  • Food 4 Less

    1.41 miles

  • Jewel-Osco

    1.51 miles

  • Strack & Van Til

    1.55 miles

  • Walmart Supercenter

    1.58 miles

  • Ross

    1.93 miles

  • dd's Discounts

    1.95 miles

  • 1st Choice Market

    2.20 miles

  • Big Lots

    2.45 miles

Frequently Asked Questions

How much does 7235-41 Calumet Avenue cost?

The space currently listed for sale at 7235-41 Calumet Avenue asks for $525,000.

What is the total square footage of 7235-41 Calumet Avenue?

7235-41 Calumet Avenue totals 8,906 square feet.

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