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    FOR SALE
    Medical Office Space

    429 Conkey St, Hammond, IN 46324

    1,832 SF 0.08 ac lot Built 1961
    Individually Owned ~ Est. High Equity
    Property ID
    US31-0433102
    429 Conkey St, Hammond, IN 46324 For Sale
    $169,500 1,832 SF
    429 Conkey St, Hammond, IN 46324
    View Listing →
    Property summary
    AI-generated overview

    This exceptional 1800-square-foot commercial building at 429 Conkey Street in Hammond, Indiana, presents a unique investment opportunity. Situated on a 0.08-acre lot, this C-1 zoned brick building boasts a highly desirable corner location with convenient off-street parking. Currently configured as a fully equipped six-operatory dental office, the property's versatile layout allows for seamless adaptation to a wide range of uses. Imagine transforming this space into your ideal medical or professional office, retail establishment, institutional facility, or even a school or church. The building's prime location offers excellent visibility on Conkey Street, ensuring high traffic and exposure. Its convenient access from Calumet Avenue and proximity to the Illinois/Indiana state line further enhance its appeal. This property offers significant potential for growth and profitability. The building is available for sale independently, or it can be purchased in conjunction with an existing general dental practice. Detailed information regarding the dental practice is available upon request. Don't miss this chance to acquire a well-located, adaptable commercial property in a thriving area.

    Property profile
    Verified
    Property type Medical Office Space
    Use group MEDICAL BUILDING
    Year built 1961
    Construction TYPE NOT SPECIFIED
    Total area 1,832 SF
    Lot 0.08 ac (3,615 SF)
    APN 45-06-01-404-017.000-023
    UPID US31-0433102
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Hammond Dental - Daniel M Bade DDS Dental Office
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Ahmed Khalid
    Ahmed Khalid
    since 2026
    6 recorded transactions
    2026
    2021
    2020
    2018
    2012
    $25,000
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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