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5320-5324 Hohman Ave Hammond, IN 46320

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For Sale
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Prime location, versatile spaces, high potential.

Property size:
10,044 SF

Property Features for 5320-5324 Hohman Ave

General Information

Property type
Mixed-use properties
Square Feet
10,044 SF
Lot Size
3,703 SF

Building Details

Year Built
1929
Units
3

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Listing Contact
Wendy Embry
Wendy Embry

Listing Agency: McColly Bennett Commercial Advantage Listing Agent: Wendy Embry

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

This exceptional mixed-use property, located at 5320-5324 Hohman Avenue in Hammond, Indiana (APN: 45-02-36-328-004.000-023), presents a unique investment opportunity. The property boasts a total of 10,044 square feet across three buildings situated on a 0.085-acre lot. Building 1, a 6,376 square foot structure, features a first floor with a kitchen, four offices, a workshop, and 2.5 baths. The second floor offers an additional 3,668 square feet of space. Building 2 provides adaptable office space and workshops, a mechanical room, and a half bath. Building 3 includes a dedicated customer area, a stock area, and a one-bedroom apartment. Significant renovations have been completed within the last seven years, including roof replacement, flooring, carpeting, and ceramic tile installation. The basement features concrete flooring, and new carpeting was recently installed in the second-floor offices of Building 1. The property includes six parking spaces and benefits from two new HVAC units (installed in 2021 and 2023), gas forced-air heating, and 100-amp and 200-amp electrical service (one is a new three-phase system). Two hot water heaters are also present, along with an air conditioning unit. This property is zoned C3 and offers a blend of commercial and residential space, making it ideal for a variety of business ventures. The asking price is $799,000. The property is available immediately (0 years remaining lease term).
Property Profile Location Intelligence

Current Use by Public Records

Commercial real estate

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Hammond
County
Lake
State
Indiana
Longitude
-87.5224522
Latitude
41.6161524

FAQs

What type of property is this?
Mixed-use property - Prime location, versatile spaces, high potential.
Where is this mixed-use property located?
The property is located at 5320-5324 Hohman Ave Hammond, IN.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: $799,000 Asking Price; 10,044 SF Retail/Mixed-Use Building on 0.085 acres; Three units with six parking spaces
(219) 776-0408 Call to check price and availability
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