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Connected Mixed-Use Property
For Sale
Contact for pricing
Pending

3 Waltham St, Hammond, IN 46320

Two-story residential component with storefront space, restaurant occupancy, and barber shop use.

Property SizeContact for details
Days on Market143

Property Features for 3 Waltham St

General Information

Standard status Pending
Property subtype Retail, Multifamily, Office, Industrial, Mixed Use

Additional Details

Corner Location Yes

Building Details

Buildings 2
Tenancy Multi
Listing Agency: T.J. Boyle Real Estate, Inc.
Listed By: Tom Boyle · License #IN
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 11:42PM

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 T.J. Boyle Real Estate, Inc.

Investment Insights

Based on property information with market context.

This mixed-use property consists of two connected buildings at the corner of Waltham Street and State Line Avenue. The residential component is a two-story structure with an unfinished attic and unfinished basement. The commercial portion includes storefront space with a longtime pizza restaurant, a barber shop, and an additional area used for storage.

The pizza restaurant is subject to a long-term lease, while the other spaces are occupied on a month-to-month basis. The two-story section uses hot-water heat, each building has its own furnace, and the property’s water service is carried on one meter.

Key Highlights

  • Two connected buildings at the corner of Waltham St and State Line Avenue
  • Two‑story residential component with unfinished attic and unfinished basement
  • Storefront space includes a pizza restaurant, barber shop, and storage area

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Spa & Massage Center Pharmacy Gym & Fitness Center HVAC Service Kitchen & Bath Showroom

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

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

482
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 Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Two-story residential component with storefront space, restaurant occupancy, and barber shop use.
Where is this mixed-use property located?
The property is located at 3 Waltham St Hammond, IN.
What are key features of this property?
This property features: Two connected buildings at the corner of Waltham St and State Line Avenue; Two‑story residential component with unfinished attic and unfinished basement; Storefront space includes a pizza restaurant, barber shop, and storage area
More about this property
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