Two-Unit Medical Office
For Sale
$649,000
7135 Indianapolis Blvd, Hammond, IN 46324
Two-unit office building with rooftop HVAC and a north unit leased through June 2028.
Property Size6,800 SF
Price / SF$95.44
Days on Market91
Property Features for 7135 Indianapolis Blvd
General Information
Standard status
Active
Size
6,800 SF
Class
B
Property subtype
Office
Zoning
C4
Additional Details
Highway Access
Yes
Office Units
2
Building Details
Building Size
6,800 SF
Year Built
1955
Tenancy
Multi
Listing Agency:
Latitude Commercial
Listed By:
Antony Miocic · License #IN #RB16000975
(317) 658-5005
Source:
Latitudeco
Added: Jun 7
Changed: Aug 23
Last Checked: Sep 4 at 4:45AM
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 Latitude Commercial
Investment Insights
Based on property information with market context.
This is a two-unit multi-tenant office building for sale in Hammond, with one unit currently leased. The north unit is approximately 2,170 square feet and is leased until June of 2028 to a national medical user that has been at the location for more than a decade. The south unit is approximately 2,800 square feet with an approximately 1,830 square foot basement and will be available upon sale to a new user.
Recent capital improvements include a new roof, rooftop HVAC, and updated facade and lighting, completed within the last 4 years (with several improvements within the last 5 years noted in the remarks). The property is positioned on Indianapolis Boulevard, with access to the expressway described as being within 5 minutes.
Taxes are approximately $11,000 annually, as stated in the available information.
Recent capital improvements include a new roof, rooftop HVAC, and updated facade and lighting, completed within the last 4 years (with several improvements within the last 5 years noted in the remarks). The property is positioned on Indianapolis Boulevard, with access to the expressway described as being within 5 minutes.
Taxes are approximately $11,000 annually, as stated in the available information.
Key Highlights
- Two‑unit office building on Indianapolis Boulevard (C4 zoning).
- North unit 2,170 SF is leased to a national medical user until June 2028 (tenant has been onsite for over a decade).
- South unit offers 2,800 SF plus an 1,830 SF basement and will be available upon sale.
Property Analytics
Current Use
Lease Details
2
Office units
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
401
Businesses Nearby
Explore this area
Business Placement
Demographics for 46324, IN
22,611
Population
9,427
Households
2.4
Avg Household Size
36
Median Age
15%
College-Educated
86%
High-School Grad
4.4 sq mi
ZIP Area
5,139
Density / Sq Mi
$61,118
Median Household Income
$38,457
Median Earnings
$1,157
Median Rent
$141,600
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office units - Two-unit office building with rooftop HVAC and a north unit leased through June 2028.
Where is this office units located?
The property is located at 7135 Indianapolis Blvd Hammond, IN.
What is the asking price?
The asking price for this property is $649,000.
What are key features of this property?
This property features: Two‑unit office building on Indianapolis Boulevard (C4 zoning).; North unit 2,170 SF is leased to a national medical user until June 2028 (tenant has been onsite for over a decade).; South unit offers 2,800 SF plus an 1,830 SF basement and will be available upon sale.
