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    6405 Kennedy Ave Hammond, IN 46323

    For Sale
    $320,000

    and kitchen. Water expense includes the sewer bill. Insurance expense is factored out for the building. Business and building insurance total is $360\/month. Need 48 hour notice to show apartments. Tavern showing easier. As Is Addendum attached. Business fixtures and all appliances included. Pool table

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    308
    amusement devices leased on a revenue split basis. Gaming ticket machine does not stay unless paid off by new owner. ProForma attached. Ask your agent for a copy. SHOWN DURING DAYLIGHT BUSINESS HOURS. THIS IS AN OPERATING TAVERN. CHILDREN ARE NOT ALLOWED IN TAVERNS IN INDIANA""""}"""

    Property Features for 6405 Kennedy Ave

    General Information

    Property type
    Other commercial real estate
    Lot Size
    8,712 SF

    Building Details

    Year Built
    1946
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Porter's Tap Bar

    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.

    Location Insight

    • Map
    • Local Demand
    City
    Hammond
    County
    Lake
    State
    Indiana
    Longitude
    -87.46129
    Latitude
    41.59729

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    FAQs

    What type of property is this?
    Commercial real estate - and kitchen. Water expense includes the sewer bill. Insurance expense is factored out for the building. Business and building insurance total is $360\/month. Need 48 hour notice to show apartments. Tavern showing easier. As Is Addendum attached. Business fixtures and all appliances included. Pool table
    Where is this commercial real estate located?
    The property is located at 6405 Kennedy Ave Hammond, IN.
    What is the asking price?
    The asking price for this property is $320,000.
    Request Owner's contact information
    6405 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
    6405 Kennedy Ave Hammond, IN 46323
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