Hammond, IN Mixed-use Properties for Sale

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Updated: May 24

Single-Level Mixed-Use Property

1650 W 45th Street, Munster, IN 46321

$2,450,000

22,125 sqft 2.10 AC lot

22,125 square feet on a 2.1‑acre site
83 percent occupancy with many long‑term tenants
Single‑level layout with storefront‑style interiors
Parking available near front and rear entrances
Rear entry includes an accessible approach with ramp

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This listing looks promising.

Here's a quick look at some key insights for

1650 W 45th Street, Munster, IN 46321

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Est. Cap Rate

8.9%
Above avg (5.9%)
Est. NOI

$219K
Annual
Mortgage

$138K
Jul 2021
Property Type

Retail Stores
Built 1975

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Updated: Jun 16

Live-Work Building With Office Suites

6434 Calumet Avenue, Hammond, IN 46324

$190,000

2,864 sqft 0.14 AC lot

2,864‑square‑foot live‑work property on a 0.141‑acre lot
Two commercial office suites at the front of the building
Owner‑occupied living quarters located behind the commercial space
Garage and alley parking access
Fenced yard and basement

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Triplex with Street-Level Storefront

415 Gostlin Street, Hammond, IN 46327

$250,000

0.08 AC lot

Two occupied one-bedroom apartments accompany a commercial storefront in this mixed-use income property.

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Mixed-Use Building with Office Suites

6434 Calumet Ave, Hammond, IN 46324

$190,000

2,864 sqft

Two commercial office suites accompany owner-occupied living quarters, on-site parking, and a fenced yard.

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Hammond Land Redevelopment Opportunity

4514 Calumet Avenue, Hammond, IN 46327

$700,000

0.14 AC lot

Prime land parcels in high-traffic Hammond commercial zone for sale.

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Calumet Avenue Commercial Condominium Unit

9410 Calumet Avenue #204, Munster, IN 46321

$319,000

3,300 sqft

First-floor condominium unit in a rapidly developing commercial corridor.

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Renovated Mixed-Use Building Near Train

474 Fayette St, Hammond, IN 46320

Contact for pricing

6,161 sqft

Renovated mixed-use building suitable for event center or microbrewery.

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Six-Unit Mixed-Use Building

31-6429 Kennedy Ave, Hammond, IN 46323

$550,000

7,952 sqft

Three commercial spaces and three apartments share a single property under Commercial C4 zoning.

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Mixed-Use Property with Restaurant

6824 Calumet Avenue, Hammond, IN 46324

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3,483 sqft 0.12 AC lot

Two commercial units include a leased restaurant and flexible office space.

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Mixed-Use Property with Off-Street Parking

532-34 Conkey Street, Hammond, IN 46324

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Mixed-use building with vacant retail/office space, two rented residential studios, on-site laundry, and off-street parking.

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Hospitality, Mixed Use, Office, Retail

407 Ridge Rd, Munster, IN 46321

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2,735 sqft

Mixed-use properties · 2,735 SF

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Two-Building Mixed-Use Property

7302 Columbia Ave, Hammond, IN 46324

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Corner-lot asset combines storefront space with two upstairs apartments.

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Based on your search, we've compiled 22 Potential Opportunities for your consideration. Besides 12 Active listings in Hammond, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Mixed-Use Property with Workshop

591 Burnham Ave, Calumet City, IL 60409

$180,000

0.34 AC lot

Main level includes private offices, support rooms, and reception space.

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Mixed-Use Property with Workshop

591 Burnham Avenue, Calumet City, IL 60409

$165,000

0.11 AC lot

Commercial workspace with offices, workshop area, and an upper-level residential unit for live-work use.

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Multi-Tenant Retail, Office, Warehouse Property

3513 Ridge Rd, Lansing, IL 60438

Contact for pricing

15,961 sqft

Multi-tenant retail, office, and warehouse property in downtown Lansing.

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Mixed-Use Income Property

2936 Bernice Rd, Lansing, IL 60438

Contact for pricing

2,960 sqft

Mixed-use building with two office spaces and two one-bedroom apartments, currently producing rental income.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Hammond, IN Land Opportunity

4514 Calumet Avenue, Hammond, IN 46327

$700,000

0.14 AC lot

Vacant lots in high-traffic area, ideal for redevelopment.

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Versatile Vacant Land Opportunity

1211 Joliet Street, Dyer, IN 46311

$419,900

0.70 AC lot

Vacant land with commercial and residential potential in Dyer, IN.

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Versatile Land with Commercial Potential

1211 Joliet Street, Dyer, IN 46311

$419,900

1.41 AC lot

Vacant land suitable for commercial or residential development.

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Commercial Corner Lot in Gary

1232-38 Grant Street, Gary, IN 46404

Contact for pricing

Corner lot zoned for commercial use near I-80/94.

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Off-Market Properties in Hammond, IN

Consider similar Off-Market properties in Hammond, IN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

Mixed-use properties

6020-22 Columbia Ave, Hammond, IN 46320

Value Estimation by Request

0.23 AC lot

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Mixed-use properties

5320-5324 Hohman Ave, Hammond, IN 46320

Value Estimation by Request

10,044 sqft 0.09 AC lot

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Hammond, IN Mixed-Use Properties Market Trends and Statistics

Explore 14 mixed-use properties for sale in Hammond, IN, showcased through 12 active listings on our real estate platform. These investment opportunities span a total of 51,484 square feet of properties for sale, with an estimated market value of $4,649,000.

Sale prices for multi use buildings in Hammond, IN start at $190,000, averaging $664,142, and reaching up to $2,450,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 117K

Population Growth (5Y) +1.0%

Median Household Income $68,360

College Educated 24.8%

High-Yield Neighborhoods for Investment

Identify Hammond submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
46324	$349.9K

Taxes & Financing

Tax Rate (average for all types) 3.82%

Property Tax per SF $41.87 per SF

Tax Rate vs County Average 0.74 pp above county avg

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Lake County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Lake County

Office

Property Size Breakdown

The majority of commercial real estate listings in Hammond fall within the 100,000+ square foot range.

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Hammond, IN Mixed-use Properties for Sale

1650 W 45th Street, Munster, IN 46321

6434 Calumet Avenue, Hammond, IN 46324

415 Gostlin Street, Hammond, IN 46327

6434 Calumet Ave, Hammond, IN 46324

4514 Calumet Avenue, Hammond, IN 46327

9410 Calumet Avenue #204, Munster, IN 46321

474 Fayette St, Hammond, IN 46320

31-6429 Kennedy Ave, Hammond, IN 46323

6824 Calumet Avenue, Hammond, IN 46324

532-34 Conkey Street, Hammond, IN 46324

407 Ridge Rd, Munster, IN 46321

7302 Columbia Ave, Hammond, IN 46324

Opportunities in Nearby Cities

591 Burnham Ave, Calumet City, IL 60409

591 Burnham Avenue, Calumet City, IL 60409

3513 Ridge Rd, Lansing, IL 60438

2936 Bernice Rd, Lansing, IL 60438

Potential Development Sites for Consideration

4514 Calumet Avenue, Hammond, IN 46327

1211 Joliet Street, Dyer, IN 46311

1211 Joliet Street, Dyer, IN 46311

1232-38 Grant Street, Gary, IN 46404

Off-Market Properties in Hammond, IN

6020-22 Columbia Ave, Hammond, IN 46320

5320-5324 Hohman Ave, Hammond, IN 46320

Hammond, IN Mixed-Use Properties Market Trends and Statistics

Top Commercial Asset Segments

Demographics Overview

High-Yield Neighborhoods for Investment

Taxes & Financing

Listings Trend

Total CRE Inventory on Market (SF)

Average Property Price per SF

Office

Property Size Breakdown

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