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Corner Bar & Pub Building
For Sale
$225,000

1403 Michigan Street, Hammond, IN 46320

Commercial Sale, Hammond, IN

Property Size2,012 SF
Lot Size0.22 Acres
Price / SF$111.83
Days on Market94

Property Features for 1403 Michigan Street

General Information

Property type Commercial Sale
Property subtype Other
Parking 10
Parking features Off Street, Alley
Security features Security Lighting
Interior features Ceiling Fan(s), Wet Bar, Open Floorplan
Subdivision Michigan Ave Add
Lot features Corner Lot, Paved
Directions Ridge Rd to Columbia Ave - Columbia north to Michigan, turn right (east) on Michigan St to property. (corner of Michigan & Tell)
Standard status Active
APN 450331407028000023
Size 2,012 SF
Lot size 0.22 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description MICHIGAN AVE. ADD. L.14 BL.3 W. 25 FT. OF L.15 BL.3
Tax Annual Amount 5594
Legal Description MICHIGAN AVE. ADD. L.14 BL.3 W. 25 FT. OF L.15 BL.3

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Forced Air
Water source Public

Amenities

additional storage

Building Details

Year built 1950
Listing Agency: McColly Real Estate
Listed By: George Georgeff · License #RB14046511
Added: Jun 3 Changed: Sep 2 Last Checked: Sep 4 at 10:06AM
MLS# 840051

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This 2,012-square-foot bar and pub property includes an open floor plan, wet bar, ceiling fans, and forced-air heating. Commercial appliances are part of the offering, and additional storage is located at the rear. Parking is available off street, with alley access supporting the site.

The property occupies 0.215 acres at the corner of Michigan Street and Tell Avenue in Hammond. Built in 1950, it is served by public water and public sewer, with cable available. The existing interior features and equipment provide a functional base for bar or pub use.

Key Highlights

  • 2,012 square feet of commercial building space
  • 0.215‑acre property at the corner of Michigan Street and Tell Avenue
  • Open floor plan with wet bar and ceiling fans

Property Analytics

Current Use

Our Place Bar & Pub

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Spa & Massage Center Skin Care Clinic Bakery

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

201
Businesses Nearby
13k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Citgo Shops & Services
8,004 visits/mo 0.4 miles
Citgo Shops & Services
4,666 visits/mo 0.5 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

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Bar & Pub - Open floor plan with wet bar, commercial appliances, rear storage, and off-street parking.
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: 2,012 square feet of commercial building space; 0.215‑acre property at the corner of Michigan Street and Tell Avenue; Open floor plan with wet bar and ceiling fans
More about this property
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