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Renovated Commercial Space with Parking
For Lease
$2,350/Mo

2816 Martha St, Hammond, IN 46323

Renovated office/retail space near downtown with parking and flexible terms.

Space SizeContact for details
Lot Size0.11 Acres
Days on Market412

Property Features for 2816 Martha St

General Information

Standard status Active
Lot size 0.11 Acres

Taxes and HOA fees

Annual Taxes $1,938
Listing Agency: House Curate Company, LLC
Listed By: Erica Garcia · License #475176084
Source: Exprealty
Added: Jul 15, 2025 Changed: Aug 20 Last Checked: Aug 29 at 3:24PM

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 House Curate Company, LLC

Investment Insights

Based on property information with market context.

This newly renovated commercial space, suitable for office or retail use, features private parking and is situated near the recently improved Kennedy Avenue Streetscape in Downtown Hessville. The property benefits from high visibility at the corner of Kennedy and Martha Street, with convenient access to highways, businesses, and Purdue University Northwest. The layout includes a large common area, a private office, two restrooms, a utility closet, and ample basement storage. Immediate occupancy is available with flexible lease terms, making it suitable for entrepreneurs seeking to expand their business.

Key Highlights

  • Newly renovated commercial space with HIGH VISIBILITY at the corner of Kennedy and Martha Street.
  • Private parking available.
  • Close proximity to Downtown Hessville's Kennedy Avenue Streetscape, highways, businesses, and Purdue University Northwest.

Property Analytics

Current Use

Beauty Inn Hair Salon

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Parking Lot & Garage Pharmacy HVAC Service

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

428
Businesses Nearby

Demographics for 46323, IN

22,510
Population
8,955
Households
2.5
Avg Household Size
35
Median Age
15%
College-Educated
85%
High-School Grad
6.2 sq mi
ZIP Area
3,631
Density / Sq Mi
$56,906
Median Household Income
$35,292
Median Earnings
$1,189
Median Rent
$149,200
Median Home Value

Market

Lease Benchmarks for Hammond, IN

$14.6 /SF/Yr
Avg Asking Price
$1.57–$25 /SF/Yr
Price Range
9,657 SF
Avg Space Size

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
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Frequently Asked Questions

What type of property is this?
Office units - Renovated office/retail space near downtown with parking and flexible terms.
Where is this office units located?
The property is located at 2816 Martha St Hammond, IN.
What is the lease rate?
The lease rate is $2,350/Mo.
What are key features of this property?
This property features: Newly renovated commercial space with HIGH VISIBILITY at the corner of Kennedy and Martha Street.; Private parking available.; Close proximity to Downtown Hessville's Kennedy Avenue Streetscape, highways, businesses, and Purdue University Northwest.
More about this property
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