Corner Bar and Restaurant
For Sale
Contact for pricing
1403 Michigan Street, Hammond, IN 46320
Standalone bar/restaurant building with on-site parking, commercial appliances, and rear storage to support a quick start-up buildout.
Property Size2,000 SF
Price / SF$112.50
Days on Market62
Property Features for 1403 Michigan Street
General Information
Standard status
Active
Size
2,000 SF
Property subtype
Business for Sale, Retail
Additional Details
Business Included
Yes
Building Details
Year Built
1950
Listing Agency:
McColly Real Estate Highland
Listed By:
George Georgeff · License #IN RB14046511
Source:
Crexi
Added: Jun 4
Changed: Jul 10
Last Checked: Aug 4 at 11:23AM
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 McColly Real Estate Highland
Investment Insights
Based on property information with market context.
This for-sale commercial property is a 2,000-square-foot bar and restaurant building offered with many of the commercial appliances you may need to get your business operational. The layout includes additional storage in the back, supporting day-to-day operations beyond the main customer area. Dedicated on-site parking is available for patrons and staff.
The building is situated on a corner lot at the intersection of Michigan St and Tell Ave in Hammond, Indiana, providing straightforward access for arriving guests and deliveries. The property’s corner placement also supports visibility and approach from two directions, while the rear storage helps keep back-of-house items organized.
For an operator or buyer looking to launch a bar or restaurant, the existing commercial equipment and included appliances can reduce early buildout scope and simplify planning. The parking and rear storage are practical considerations for daily operations, while the stand-alone building format allows for a focused concept within a single property footprint.
The building is situated on a corner lot at the intersection of Michigan St and Tell Ave in Hammond, Indiana, providing straightforward access for arriving guests and deliveries. The property’s corner placement also supports visibility and approach from two directions, while the rear storage helps keep back-of-house items organized.
For an operator or buyer looking to launch a bar or restaurant, the existing commercial equipment and included appliances can reduce early buildout scope and simplify planning. The parking and rear storage are practical considerations for daily operations, while the stand-alone building format allows for a focused concept within a single property footprint.
Key Highlights
- Standalone bar/restaurant building with 2,000 SF
- On‑site parking for customers and staff
- Commercial appliances included for a bar/restaurant setup
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
305
Businesses Nearby
8k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Citgo
Shops & Services
8,004 visits/mo
0.2 miles
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 Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Bar & Pub - Standalone bar/restaurant building with on-site parking, commercial appliances, and rear storage to support a quick start-up buildout.
Where is this bar & pub located?
The property is located at 1403 Michigan Street Hammond, IN.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: Standalone bar/restaurant building with 2,000 SF; On‑site parking for customers and staff; Commercial appliances included for a bar/restaurant setup
