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    6247 Kennedy Ave Hammond, IN 46323

    For Sale
    $1,000,000

    COMMERCIAL - Hammond, IN

    Property size:
    4,366 SF
    Lot size:
    0.62 Acres
    Days on Market:
    153
    Last Refresh:
    Dec 14 at 6:06 am

    Property Features for 6247 Kennedy Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Security features
    Security Lighting
    APN
    450704403009000023
    Parking
    13698
    Interior features
    Wet Bar
    Appliances
    Built-In Gas Range, Range Hood, Water Heater, Stainless Steel Appliance(s), Refrigerator, Microwave, Freezer, Dishwasher
    Size
    4,366 SF
    Lot size
    0.62 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Forced Air
    Water source
    Public

    Building Details

    Year built
    1954

    McColly Real Estate (219) 864-7200 [email protected]

    Listing agent Anthony Christopher (708) 715-6193

    Listing date Jul 15, 2025

    Copyright © 2025 Greater Northwest Indiana Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Turnkey Restaurant and Bar Opportunity

    This commercial property in Hammond, Indiana, presents a prime opportunity to own a .62-acre double lot featuring an operating, income-generating business. The property includes two tenants: the owner-occupied Latin Bliss Restaurant, a well-established venue with a loyal customer base, and Kenwood Tap, a fully leased bar offering stable rental income. The property is 4366 square feet. This is a turnkey opportunity to step into a thriving restaurant and bar setup with built-in cash flow. Located in a high-visibility area, the property offers potential for future development or expansion. The property is suitable for restaurants, retail properties, and bars.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Latin bliss Restaurant

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Mr. G's Catering LLC

    Location Insight

    • Map
    • Local Demand
    City
    Hammond
    County
    Lake
    State
    Indiana
    Longitude
    -87.461162
    Latitude
    41.599526

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    FAQs

    What type of property is this?
    Restaurant - Profitable restaurant and bar with income-generating tenants on 0.62 acres.
    Where is this restaurant located?
    The property is located at 6247 Kennedy Ave Hammond, IN.
    What is the asking price?
    The asking price for this property is $1,000,000.
    What are key features of this property?
    This property features: - Turnkey restaurant and bar with existing cash flow from two tenants (Latin Bliss Restaurant and Kenwood Tap).; - Operating, income-generating business included in the sale.; - .62-acre double lot offers potential for future development or expansion.
    (708) 715-6193
    Request Owner's contact information
    6247 Kennedy Ave Hammond, IN 46323
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    6247 Kennedy Ave Hammond, IN 46323
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