Four-Unit Retail/Industrial
For Sale
Contact for pricing
7235-7241 Calumet Ave, Hammond, IN 46324
Four-unit property with two leased retail spaces and two light industrial units plus four garages and onsite parking.
Property Size8,906 SF
Price / SF$58.95
Days on Market355
Property Features for 7235-7241 Calumet Ave
General Information
Standard status
Active
Size
8,906 SF
Property subtype
RETAIL
Additional Details
Highway Access
Yes
Amenities
4 garages
onsite parking
Listing Agency:
Latitude Commercial
(209) 864-0200
Listed By:
Chandler Kimmel · License #RB22001170
(219) 218-8200
Source:
Moodyscre
Added: Sep 24, 2025
Changed: Sep 5
Last Checked: Sep 12 at 8:43AM
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 four-unit building offers a mix of uses, with two fully leased retail spaces and two light industrial spaces. The property includes four garages for operational flexibility and onsite parking to support day-to-day access.
The building provides high visibility and exposure on Calumet Avenue and is located just two minutes from I-94, supporting convenient regional access.
In addition to the existing units, adjacent parcel owners are open to selling, offering the possibility of expanded development opportunities if you choose to assemble surrounding land.
The building provides high visibility and exposure on Calumet Avenue and is located just two minutes from I-94, supporting convenient regional access.
In addition to the existing units, adjacent parcel owners are open to selling, offering the possibility of expanded development opportunities if you choose to assemble surrounding land.
Key Highlights
- 4‑unit property with 2 fully leased retail spaces and 2 light industrial spaces
- High visibility and exposure on Calumet Avenue
- Just 2 minutes from I‑94
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
387
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
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Market
Vacancy Rate% for Industrial in Midwest region
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Frequently Asked Questions
What type of property is this?
Retail space - Four-unit property with two leased retail spaces and two light industrial units plus four garages and onsite parking.
Where is this retail space located?
The property is located at 7235-7241 Calumet Ave Hammond, IN.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: 4‑unit property with 2 fully leased retail spaces and 2 light industrial spaces; High visibility and exposure on Calumet Avenue; Just 2 minutes from I‑94
