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Historic Downtown Office Building
For Sale
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200 Russell St, Hammond, IN 46320

Historic multi-floor office building formerly occupied by a law firm and multiple office users.

Property SizeContact for details
Days on Market123

Property Features for 200 Russell St

General Information

Standard status Active
Property subtype Office

Amenities

fiber optic
Listing Agency: Latitude Commercial
Listed By: Brett McDermott, CCIM · License #IN RB14050416
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Jul 22 at 2:53AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Latitude Commercial

Investment Insights

Based on property information with market context.

This historic office building is located in downtown Hammond and features office space across two floors, with a prior use that included occupancy by a law firm and a variety of other office users. The building’s existing office layout supports a range of professional tenancy types that need multi-office functionality.

Downtown Hammond includes fiber optic cable available throughout the area, supporting high-speed data needs for businesses that require reliable connectivity. The property is also described as benefiting from very low property tax caps and a business-friendly local government.

The offering is for sale.

Key Highlights

  • Historic multi‑floor office building formerly occupied by a law firm and multiple office users
  • Building located in Downtown Hammond
  • Downtown Hammond has fiber optic cable running throughout for high‑speed data needs

Property Analytics

Current Use

Healing Hands Services ... Home Health Care Service Beach David Law Firm IdentoGo (Suite 110) Government Office We Care From ... Social Service Agency Workone Hammond Business Service Center

Suggested Use

Top Pick Real Estate Agency Dental Office Building Supply Spa & Massage Center Big Box & Wholesale Store Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,097
Businesses Nearby

Demographics for 46320, IN

14,514
Population
6,236
Households
2.3
Avg Household Size
33
Median Age
12%
College-Educated
81%
High-School Grad
4.7 sq mi
ZIP Area
3,088
Density / Sq Mi
$35,706
Median Household Income
$24,499
Median Earnings
$853
Median Rent
$115,300
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - Historic multi-floor office building formerly occupied by a law firm and multiple office users.
Where is this office building located?
The property is located at 200 Russell St Hammond, IN.
What are key features of this property?
This property features: Historic multi‑floor office building formerly occupied by a law firm and multiple office users; Building located in Downtown Hammond; Downtown Hammond has fiber optic cable running throughout for high‑speed data needs
(219) 864-0200 Call to check price and availability
More about this property
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