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    FOR SALE
    Warehouses

    741 Hoffman St, Hammond, IN 46327

    6,633 SF 0.34 ac lot Built 1917
    Individually Owned Free & Clear
    Property ID
    US31-1151918
    Property summary
    AI-generated overview

    This exceptional Hammond, Indiana industrial property presents a significant investment opportunity. Situated on a 0.34-acre lot at 741 Hoffman Street, this property boasts a substantial 8,530-square-foot building, a blend of original construction (1917) and recent additions. The main structure, a 6,330-square-foot concrete block building, features high ceilings (12-14 feet) and includes two warehouse offices. A subsequent addition expanded the space by another 2,200 square feet. Accessibility is a major advantage, with two 10-foot drive-in doors conveniently located on Hoffman Street, complemented by four additional drive-in doors elsewhere in the complex. A pole barn, accessible via three garage doors, adds further versatility. The side yard offers access from Baltimore Avenue. Gas heating ensures year-round usability. The entire property is securely fenced, enhancing security and privacy. Zoned C4, this property is ideally suited for a wide range of commercial uses, including (but not limited to) auto service (excluding gas sales), auto rental, vehicle sales, and various contractor services. Additional permitted uses encompass retail or home improvement stores, furniture repair/refinishing, light equipment rental/service/repair, and motorcycle sales and service. This property offers a rare combination of size, location, and zoning flexibility, making it an attractive prospect for discerning investors and businesses alike.

    Property profile
    Verified
    Property type Warehouses
    Use group WAREHOUSE, STORAGE
    Year built 1917
    Construction WOOD
    Total area 6,633 SF
    Lot 0.34 ac (14,810 SF)
    APN 45-02-25-479-017.000-023
    UPID US31-1151918
    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
    • Lake Iron & Metal Recycling Center Waste Management Facility
    • Parilline Fitness Big Box & Wholesale Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    LEE BREITOWICH
    LEE BREITOWICH
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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