5320-5324 Hohman Ave Hammond, IN 46320
- Retail properties
- 10,044 SF
- 0.09 lot acres
Current Use by Public Records
- Retail properties
Property Details for 5320-5324 Hohman Ave
- Year built
- 1929
- Lot size
- 0.09 lot acres
- Property size
- 10,044 SF
- Property type
- Retail properties
- Property subtype
- Mixed-use properties
Description
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).
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Hammond
- County
- Lake
- State
- Indiana
- Longitude
- -87.5225
- Latitude
- 41.6162
