Search
Automotive Property with Signage
For Sale
$310,000

7340 Calumet Ave, Hammond, IN 46324

Existing parking, customer areas, and adaptable space support automotive, retail, or office operations.

Property Size870 SF
Price / SF$356.32
Days on Market41

Property Features for 7340 Calumet Ave

General Information

Standard status Active
Size 870 SF

Site & Location

Traffic Count 32,000 vehicles/day
Road Access Yes

Amenities

LED lot lighting
lighted monument sign
lighted building signage
HVAC
redecorated interiors

Building Details

Year Built 1987
Buildings 1
Construction brick
Tenancy Single
Listing Agency: McColly Real Estate
Listed By: William Loy · License #RB17001333
Source: Amyboston.realtopiare
Added: Jul 20 Changed: Aug 29 Last Checked: Aug 29 at 11:45AM

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 McColly Real Estate

Investment Insights

Based on property information with market context.

This 870-square-foot commercial property is currently configured for a used car dealership and can accommodate automotive-related operations, retail, or office use. The building was constructed in 1987 and features a brick exterior, redecorated customer areas, HVAC installed within the last two years, LED lot lighting, and illuminated monument and building signs. An on-site parking lot provides space for patrons and vehicle display.

Located on Calumet Avenue, the property is 2 1/2 blocks north of I_80/94 and benefits from reported traffic exceeding 32,000 vehicles daily. The compact footprint and existing improvements provide a functional setting for a dealership or another customer-facing commercial operation.

Key Highlights

  • 870 sq. ft. commercial building configured as a used car dealership
  • 2 1/2 blocks north of I_80/94 on Calumet Avenue
  • Traffic count reported at more than 32,000 vehicles daily

Property Analytics

Current Use

Djorovic Auto Sales Auto Repair Shop Calumet Auto Finance Car Dealership

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Parking Lot & Garage Gym & Fitness Center Skin Care Clinic

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

32,000 VPD
Traffic count
Single-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

320
Businesses Nearby
32k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Speedway Shops & Services
29,674 visits/mo 0.1 miles
BMO Harris Bank Shops & Services
2,451 visits/mo 0.2 miles

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 Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • U-Haul Neighborhood Dealer 7509 Calumet Ave, Hammond, IN 46324
  • U-Haul Neighborhood Dealer 1405 173rd St, Hammond, IN 46324

Frequently Asked Questions

What type of property is this?
Automotive property - Existing parking, customer areas, and adaptable space support automotive, retail, or office operations.
Where is this automotive property located?
The property is located at 7340 Calumet Ave Hammond, IN.
What is the asking price?
The asking price for this property is $310,000.
What are key features of this property?
This property features: 870 sq. ft. commercial building configured as a used car dealership; 2 1/2 blocks north of I_80/94 on Calumet Avenue; Traffic count reported at more than 32,000 vehicles daily
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message