Showroom Property with Off-Street
For Sale
$310,000
7340 Calumet Avenue, Hammond, IN 46324
SINGLE_FAMILY - Hammond, IN
Property Size870 SF
Lot Size0.14 Acres
Price / SF$356.32
Days on Market303
Property Features for 7340 Calumet Avenue
General Information
Property type
Residential
Property subtype
Retail
Parking
20
Parking features
Off Street
Security features
Security System
Exterior features
Lighting
Lot features
Near Public Transit, Rectangular Lot
View
City
Directions
2 1/2 blocks North from I-80/94 on Calumet Ave to site on West side of street
Standard status
Active
APN
450613229023000023
Size
870 SF
Lot size
0.14 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
Calumet Park Add Blk 1 Lots 7 & 8
Tax Annual Amount
7265
Legal Description
Calumet Park Add Blk 1 Lots 7 & 8
Utilities
Sewer type
Public Sewer
Heating system
Forced Air, Central, Natural Gas
Water source
Public
Amenities
LED lot lighting
lighted monument sign
lighted building signage
HVAC
redecorated interiors
Building Details
Year built
1987
Listing Agency:
McColly Real Estate
(219) 322-5508
Listed By:
William Loy · License #RB17001333
(219) 670-2864
Added: Oct 16, 2025
Changed: Aug 1
Last Checked: Aug 14 at 10:06AM
MLS# 829455
Copyright © 2026 Greater Northwest Indiana Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Showroom property currently operating as a fully operational used car dealership. The building offers a versatile layout that can support a range of retail or office uses, including display areas, workspaces, or a customer lounge. Recent improvements include modern LED lot lighting, a lighted monument sign, lighted building signage, HVAC installed within the last two years, and redecorated interiors for customer areas. Central forced air heating is provided with natural gas. The property has public water service and public sewer.
Set on a 0.14-acre lot, the exterior features a brick facade and includes off-street parking for visitors. Located at 7340 Calumet Avenue in Hammond, the site benefits from easy access on a highly trafficked corridor, with a traffic count of more than 32,000 vehicles daily.
Built in 1987, the combination of customer-facing signage, exterior lighting, and flexible interior configuration supports a variety of automotive-related and general commercial uses.
Set on a 0.14-acre lot, the exterior features a brick facade and includes off-street parking for visitors. Located at 7340 Calumet Avenue in Hammond, the site benefits from easy access on a highly trafficked corridor, with a traffic count of more than 32,000 vehicles daily.
Built in 1987, the combination of customer-facing signage, exterior lighting, and flexible interior configuration supports a variety of automotive-related and general commercial uses.
Key Highlights
- 870 SF showroom building currently used as a dealership
- 0.14‑acre lot with off‑street parking
- Modern LED lot lighting plus lighted monument and building signage
Property Analytics
Property Profile
Current Use
Lease Details
32,000 VPD
Traffic count
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
453
Businesses Nearby
100k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 63%
Groceries 23%
Dining 12%
Electronics 1%
Aldi
Groceries
23,409 visits/mo
0.4 miles
Speedway
Shops & Services
19,015 visits/mo
0.4 miles
White Castle
Dining
11,646 visits/mo
0.1 miles
BP
Shops & Services
10,939 visits/mo
0.1 miles
Family Dollar
Shops & Services
8,811 visits/mo
0.1 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
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Similar Off Market Nearby
- Learys Carpets & Floors, Inc. — 7220-22 Calumet Ave, Hammond, IN 46324
Frequently Asked Questions
What type of property is this?
Showroom - Showroom space currently operating as a used car dealership with off-street parking and recent exterior and HVAC improvements.
Where is this showroom located?
The property is located at 7340 Calumet Avenue 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 SF showroom building currently used as a dealership; 0.14‑acre lot with off‑street parking; Modern LED lot lighting plus lighted monument and building signage
