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    Hammond, IN
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    Hammond, IN Restaurants for Sale

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    East Chicago, IN Calumet City, IL Highland, IN
    Turnkey Restaurant and Bar Opportunity
    $1,000,000
    4,366 SF

    Turnkey Restaurant and Bar Opportunity

    6247 Kennedy Avenue, Hammond, IN 46323

    Profitable restaurant and bar with income-generating tenants on 0.62 acres.

    • Turnkey restaurant and bar with existing cash flow from two tenants (Latin Bliss Restaurant and Kenwood Tap).
    • Operating, income‑generating business included in the sale.
    • .62‑acre double lot offers potential for future development or expansion.
    • High‑visibility location.
    • Latin Bliss Restaurant is owner‑occupied and well‑established with a loyal customer base.
    Updated: Jun 12, 2025
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    Freestanding Restaurant on Ridge Road
    Contact for pricing
    3,880 SF

    Freestanding Restaurant on Ridge Road

    745 Ridge Rd, Munster, IN

    3,880 SF restaurant on 0.37 acres with 77 parking spaces.

    • High‑traffic location with 190' frontage on Ridge Road (18,422 VPD) near Calumet Avenue (34,411 VPD) and a signalized intersection.
    • Existing 3,880 SF restaurant with half basement on 0.37 acres, including FF&E and naming rights available for sale or lease.
    • Located in Munster, IN, a highly‑rated (A+) and growing suburb of Chicago with low taxes and high home ownership.
    • Ample parking with 77 spaces.
    • Proximity to new developments, including a South Shore Line extension (0.5 miles) and a 500,000 SF mixed‑use development.
    Updated: Aug 7, 2023
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    Based on your search, we've compiled 75 Potential Opportunities for your consideration. Besides 2 Active listings in Hammond, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 65 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.

    Highland Restaurant with Drive-Thru
    $650,000
    2,262 SF

    Highland Restaurant with Drive-Thru

    Turn-key restaurant opportunity on heavily trafficked Indianapolis Boulevard.

    8845 Indianapolis Blvd, Highland, IN 46322
    View details
    Multi-Tenant Retail Strip Center
    Contact for pricing
    11,732 SF

    Multi-Tenant Retail Strip Center

    Retail strip center with potential to lease vacant office space.

    3224 Ridge Road, Lansing, IL 60438
    View details
    Versatile Mixed-Use Property with Residence
    $750,000
    5,374 SF

    Versatile Mixed-Use Property with Residence

    Mixed-use property featuring commercial space, residence, and liquor license.

    3447 45th Street, Highland, IN 46322
    View details
    Remodeled Lansing Commercial Property
    $725,000
    0.18 Acres

    Remodeled Lansing Commercial Property

    Remodeled bar/restaurant with apartment and outdoor patio in Lansing.

    3323 Ridge Road, Lansing, IL 60438
    View details

    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.

    Land Near Hammond Landmarks
    $450,000
    0.45 Acres

    Land Near Hammond Landmarks

    0.45 acre land near YMCA, sports complex, Purdue campus.

    6850 Indianapolis Blvd, Hammond, IN 46324
    View details
    Vacant Land Ready For Development
    $260,000

    Vacant Land Ready For Development

    Cleared land zoned B-3 with multiple development opportunities.

    21587 Lincoln Highway, Lynwood, IL 60411
    View details
    Prime Commercial Land Opportunity
    $385,000
    1.21 Acres

    Prime Commercial Land Opportunity

    1.21-acre commercial parcel in Schererville, Indiana.

    8080 Us-41, Schererville, IN 46375
    View details
    Commercial Land on Route 30
    $380,000
    2.29 Acres

    Commercial Land on Route 30

    2.29 acre commercially zoned lot ready to build.

    6520 W Lincoln Highway, Schererville, IN 46375
    View details

    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.

    8131 Calumet Ave
    RESTAURANT
    4,187 SF Lot: 0.68 Acres
    Value Estimation by Request

    8131 Calumet Ave, Munster, IN 46321-1701

    View details
    935 Hoffman St
    RESTAURANT
    6,440 SF Lot: 0.36 Acres
    Value Estimation by Request

    935 Hoffman St, Hammond, IN 46327-1838

    View details
    6646 Kennedy Ave
    RESTAURANT
    640 SF Lot: 0.31 Acres
    Value Estimation by Request

    6646 Kennedy Ave, Hammond, IN 46323

    View details
    6233 Hohman Ave
    RESTAURANT
    3,072 SF Lot: 0.35 Acres
    Value Estimation by Request

    6233 Hohman Ave, Hammond, IN 46324-1055

    View details
    6821 Grand Ave
    RESTAURANT
    1,316 SF Lot: 0.32 Acres
    Value Estimation by Request

    6821 Grand Ave, Hammond, IN 46323-1944

    View details
    2942 Carlson Dr
    RESTAURANT
    7,626 SF Lot: 2.89 Acres
    Estimated value
    $680,000

    2942 Carlson Dr, Hammond, IN 46323-1100

    View details
    7331 Indianapolis Blvd
    RESTAURANT
    1,140 SF Lot: 0.13 Acres
    Value Estimation by Request

    7331 Indianapolis Blvd, Hammond, IN 46324-2907

    View details
    5851 Calumet Ave
    RESTAURANT
    2,769 SF Lot: 0.46 Acres
    Value Estimation by Request

    5851 Calumet Ave, Hammond, IN 46320-2354

    View details
    7938 Calumet Ave
    RESTAURANT
    3,260 SF Lot: 0.62 Acres
    Value Estimation by Request

    7938 Calumet Ave, Munster, IN 46321-1216

    View details
    938 Indianapolis Blvd
    RESTAURANT
    4,909 SF Lot: 1.04 Acres
    Estimated value
    $555,000

    938 Indianapolis Blvd, Hammond, IN 46320-1005

    View details
    7905 Cabela Dr
    RESTAURANT
    Lot: 1.72 Acres
    Value Estimation by Request

    7905 Cabela Dr, Hammond, IN 46324-2950

    View details
    6817 Grand Ave
    RESTAURANT
    510 SF Lot: 0.25 Acres
    Value Estimation by Request

    6817 Grand Ave, Hammond, IN 46323-1944

    View details
    7750 Corinne Dr
    RESTAURANT
    9,882 SF Lot: 2.50 Acres
    Estimated value
    $630,000

    7750 Corinne Dr, Hammond, IN 46323-3128

    View details
    9150 Calumet Ave
    RESTAURANT
    Lot: 0.98 Acres
    Value Estimation by Request

    9150 Calumet Ave, Munster, IN 46321-2806

    View details
    954 Indianapolis Blvd
    RESTAURANT
    Lot: 0.97 Acres
    Estimated value
    $845,000

    954 Indianapolis Blvd, Hammond, IN 46320-1005

    View details
    914 Indianapolis Blvd
    RESTAURANT
    Lot: 0.86 Acres
    Estimated value
    $705,000

    914 Indianapolis Blvd, Hammond, IN 46320-1005

    View details
    906 Indianapolis Blvd
    RESTAURANT
    Lot: 0.93 Acres
    Value Estimation by Request

    906 Indianapolis Blvd, Hammond, IN 46320-1005

    View details
    922 Indianapolis Blvd
    RESTAURANT
    Lot: 1.00 Acre
    Value Estimation by Request

    922 Indianapolis Blvd, Hammond, IN 46320-1005

    View details
    825 Rdg Rd
    RESTAURANT
    2,504 SF Lot: 0.31 Acres
    Value Estimation by Request

    825 Rdg Rd, Munster, IN 46321-1719

    View details
    830 Rdg Rd
    RESTAURANT
    2,528 SF Lot: 0.48 Acres
    Value Estimation by Request

    830 Rdg Rd, Munster, IN 46321-1720

    View details
    7949 Calumet Ave
    RESTAURANT
    1,953 SF Lot: 0.72 Acres
    Value Estimation by Request

    7949 Calumet Ave, Munster, IN 46321-1215

    View details
    9611 Calumet Ave
    RESTAURANT
    6,477 SF Lot: 0.77 Acres
    Estimated value
    $625,000

    9611 Calumet Ave, Munster, IN 46321-2871

    View details

    Hammond, IN Restaurants Investment Opportunities Market Analysis

    Explore 67 restaurants for sale in Hammond, IN on our real estate platform. These investment opportunities span a total of 4,366 square feet of properties for sale, with an estimated market value of $1,000,000.

    Sale prices for restaurant properties in Hammond, IN start at $1,000,000, averaging $1,000,000, and reaching up to $1,000,000 — 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

    Drive through restaurants 2
    Bars & Pubs 1

    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 median listing prices of real estate assets

    Neighborhood Average Price
    46323 $1M

    Taxes & Financing

    Tax Rate (average for all types) 3.82%
    Property Tax per SF $41.87 per sq ft
    Tax Rate vs County Average 0.74 pp above county avg
    Average Loan-to-Value 65.0%

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