Restaurants

Hammond, IN Restaurants for Sale

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Calumet City, IL East Chicago, IN Lansing, IL Chicago, IL South Holland, IL Dolton, IL Whiting, IN Highland, IN
8 properties
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Mixed-Use Restaurant Property
Updated: Sep 10
Mixed-Use Restaurant Property

7003 Kennedy Avenue, Hammond, IN 46323

$289,000
2,270 sqft 0.14 AC lot
2,270‑square‑foot mixed‑use property on a 0.144‑acre lot
Front restaurant area includes Super Sub and Key Pizza
Commercial kitchen with staff area, POS system, and office
Rear 3‑bed, 1‑bath residential unit with its own furnace and AC
Off‑street parking with room for expansion and a drive‑through
View details
Corner Bar & Pub Building
Updated: Jun 3
Corner Bar & Pub Building

1403 Michigan Street, Hammond, IN 46320

$225,000
2,012 sqft 0.22 AC lot
2,012 square feet of commercial building space
0.215‑acre property at the corner of Michigan Street and Tell Avenue
Open floor plan with wet bar and ceiling fans
Commercial appliances included
Rear storage area
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Restaurant Property With Leased Bar
Restaurant Property With Leased Bar

6247 Kennedy Avenue, Hammond, IN 46323

$1,500,000
4,366 sqft 0.62 AC lot

Includes an owner-occupied dining venue and a separately leased bar operation.

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See hot listings in Hammond

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
Est. NOI available after sign in
Local Demand available after sign in
Mixed-Use Property with Restaurant
Mixed-Use Property with Restaurant

7003 Kennedy Ave, Hammond, IN 46323

$289,000
2,270 sqft

Front restaurant space includes a commercial kitchen, office, POS system, and two operating businesses.

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Bar Building with Rear Storage
Bar Building with Rear Storage

1403 Carroll St, Hammond, IN 46320

$225,000
2,012 sqft

Commercial improvements include parking, appliances, and separate rear storage.

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Turnkey Restaurant and Bar
Turnkey Restaurant and Bar

6247 Kennedy Ave, Hammond, IN 46323

$1,500,000
4,366 sqft 0.62 AC lot

Own an operating restaurant plus a fully leased bar on a double lot.

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Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
Corner Bar and Restaurant Building
Corner Bar and Restaurant Building

1403 Michigan Street, Hammond, IN 46320

Contact for pricing
2,000 sqft

Standalone bar/restaurant building with on-site parking, commercial appliances, and rear storage to support a quick start-up buildout.

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Dutch Bros Coffee Shop
Dutch Bros Coffee Shop

8032 Calumet Ave., Munster, IN 46321

Contact for pricing
2,680 sqft

Existing beverage retail property subject to a long-term absolute NNN ground lease.

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Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 8 Active listings in Hammond, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 64 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 Garage
Mixed-Use Property with Garage

3447 45th Street, Highland, IN 46322

$549,999
5,374 sqft 0.61 AC lot

Former bar shell includes an attached commercial garage and connected three-bedroom residence.

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Licensed Nightclub With Kitchen
Licensed Nightclub With Kitchen

4620 Tod Avenue, East Chicago, IN 46312

$669,900
3,500 sqft 0.08 AC lot

Furnished entertainment venue with a commercial kitchen, wet bar, security system, and public utilities.

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Restaurant and Bar Building
Restaurant and Bar Building

604 W 151st St, East Chicago, IN 46312

$95,000
1,875 sqft

Previously operated bar space in East Chicago, suitable for food service or alternative concepts pending licensing.

View details
Established Restaurant Landmark For Sale
Established Restaurant Landmark For Sale

2904 45th St, Highland, IN 46322

$699,000

Iconic Highland restaurant with loyal customer base since 1947.

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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.

Land Near Hammond Landmarks
Land Near Hammond Landmarks

6850 Indianapolis Blvd, Hammond, IN 46324

$450,000
0.45 AC lot

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

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Vacant Land Ready For Development
Vacant Land Ready For Development

21587 Lincoln Highway, Lynwood, IL 60411

$260,000

Cleared land zoned B-3 with multiple development opportunities.

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C-2 Commercial Land Parcel
C-2 Commercial Land Parcel

8080 Us-41, Schererville, IN 46375

$385,000
1.21 AC lot

Community Commercial zoning supports retail, service, medical, fitness, and specialty food uses.

View details
Commercial Land with Highway Frontage
Commercial Land with Highway Frontage

6520 W Lincoln Highway, Schererville, IN 46375

$350,000
2.29 AC lot

Commercially zoned site with water availability, public sewer, and a completed survey.

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

8131 Calumet Ave, Munster, IN 46321-1701

Estimated value:
$415,000
4,187 sqft 0.68 AC lot
View details
935 Hoffman St
RESTAURANT

935 Hoffman St, Hammond, IN 46327-1838

Estimated value:
$270,000
6,440 sqft 0.36 AC lot
View details
6646 Kennedy Ave
RESTAURANT

6646 Kennedy Ave, Hammond, IN 46323

Estimated value:
$250,000
640 sqft 0.31 AC lot
View details
6233 Hohman Ave
RESTAURANT

6233 Hohman Ave, Hammond, IN 46324-1055

Estimated value:
$270,000
3,072 sqft 0.35 AC lot
View details
6821 Grand Ave
RESTAURANT

6821 Grand Ave, Hammond, IN 46323-1944

Estimated value:
$245,000
1,316 sqft 0.32 AC lot
View details
2942 Carlson Dr
RESTAURANT

2942 Carlson Dr, Hammond, IN 46323-1100

Estimated value:
$680,000
7,626 sqft 2.89 AC lot
View details
7331 Indianapolis Blvd
RESTAURANT

7331 Indianapolis Blvd, Hammond, IN 46324-2907

Estimated value:
$320,000
1,140 sqft 0.13 AC lot
View details
5851 Calumet Ave
RESTAURANT

5851 Calumet Ave, Hammond, IN 46320-2354

Estimated value:
$270,000
2,769 sqft 0.46 AC lot
View details
7938 Calumet Ave
RESTAURANT

7938 Calumet Ave, Munster, IN 46321-1216

Estimated value:
$400,000
3,260 sqft 0.62 AC lot
View details
938 Indianapolis Blvd
RESTAURANT

938 Indianapolis Blvd, Hammond, IN 46320-1005

Estimated value:
$555,000
4,909 sqft 1.04 AC lot
View details
7905 Cabela Dr
RESTAURANT

7905 Cabela Dr, Hammond, IN 46324-2950

Estimated value:
$435,000
1.72 AC lot
View details
6817 Grand Ave
RESTAURANT

6817 Grand Ave, Hammond, IN 46323-1944

Estimated value:
$250,000
510 sqft 0.25 AC lot
View details
7750 Corinne Dr
RESTAURANT

7750 Corinne Dr, Hammond, IN 46323-3128

Estimated value:
$630,000
9,882 sqft 2.50 AC lot
View details
9150 Calumet Ave
RESTAURANT

9150 Calumet Ave, Munster, IN 46321-2806

Estimated value:
$380,000
0.98 AC lot
View details
954 Indianapolis Blvd
RESTAURANT

954 Indianapolis Blvd, Hammond, IN 46320-1005

Estimated value:
$925,000
0.97 AC lot
View details
914 Indianapolis Blvd
RESTAURANT

914 Indianapolis Blvd, Hammond, IN 46320-1005

Estimated value:
$770,000
0.86 AC lot
View details

Hammond, IN Restaurants Market Trends and Statistics

Explore 72 restaurants for sale in Hammond, IN, showcased through 8 active listings on our real estate platform. These investment opportunities span a total of 21,976 square feet of properties for sale, with an estimated market value of $4,028,000.

Sale prices for restaurant properties in Hammond, IN start at $225,000, averaging $671,333, and reaching up to $1,500,000 — 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

Bars & Pubs 5
Conventional restaurants 4
Commercial kitchens 2
Coffee shops 1
Drive through restaurants 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 average listing prices of real estate assets

Neighborhood Average Price
46320 $225K
46323 $894.5K

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)

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