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Flexible Retail Space
For Lease
$3,500/Mo

5646 Hohman Ave, Hammond, IN 46320

Customer-facing commercial space with room for storage, offices, work areas, and other operational functions.

Space SizeContact for details
Days on Market48

Property Features for 5646 Hohman Ave

General Information

Standard status Active

Building Details

Year Built 1957
Listing Agency: HomeSmart Realty Group
Listed By: Emad Abed · License #481014694
Source: Amyboston.realtopiare
Added: Aug 30 Changed: Oct 7 Last Checked: Oct 7 at 3:40PM

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 HomeSmart Realty Group

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Investment Insights

Based on property information with market context.

Approximately 4,977 square feet of retail space is available at 5646 Hohman Avenue in Hammond, Indiana. The layout provides a substantial customer-facing area while retaining room for storage, offices, work areas, or other operational functions.

The property is positioned for a range of retail and commercial uses, including furniture or home goods, specialty retail, showrooms, service businesses, fitness concepts, salons, professional uses, and specialty markets. Its flexible footprint can support businesses that need both public-facing space and back-of-house functionality.

Key Highlights

  • Approximately 4,977 square feet of retail space
  • Flexible layout for customer‑facing and operational areas
  • Space for storage, offices, and work areas

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Dental Office Spa & Massage Center Pharmacy Gym & Fitness Center Cafe & Coffee Shop

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
$1.27 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,039
Businesses Nearby
13k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 83% Groceries 17%
Mobil Shops & Services
5,802 visits/mo 0.1 miles
Family Dollar Shops & Services
4,851 visits/mo 0.4 miles
Liquor Mart Groceries
2,222 visits/mo 0.1 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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Hammond, IN

$18.94 /SF/Yr
Avg Asking Price
$1.57–$42 /SF/Yr
Price Range
9,216 SF
Avg Space Size

This space is priced 55% below the average of $18.94 /SF/Yr.

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Retail space - Customer-facing commercial space with room for storage, offices, work areas, and other operational functions.
Where is this retail space located?
The property is located at 5646 Hohman Ave Hammond, IN.
What is the lease rate?
The lease rate is $3,500/Mo.
What are key features of this property?
This property features: Approximately 4,977 square feet of retail space; Flexible layout for customer‑facing and operational areas; Space for storage, offices, and work areas
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