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Hammond, IN Retail Properties & Spaces for Sale

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33 properties
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Single-Level Mixed-Use Property
Updated: May 24
Single-Level Mixed-Use Property

1650 W 45th Street, Munster, IN 46321

$2,450,000
22,125 sqft 2.10 AC lot
22,125 square feet on a 2.1‑acre site
83 percent occupancy with many long‑term tenants
Single‑level layout with storefront‑style interiors
Parking available near front and rear entrances
Rear entry includes an accessible approach with ramp
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Retail Space with Open Floorplan
Updated: Mar 25
Retail Space with Open Floorplan

2620 E 165th Street, Hammond, IN 46323

$915,000
8,656 sqft 0.43 AC lot
8,656‑square‑foot retail space on a 0.431‑acre site
Open floorplan with high ceilings
Ample on‑site parking for customers and employees
Central heating and ceiling fans
Public water and public sewer service
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Automotive Property with Signage
Automotive Property with Signage

7340 Calumet Avenue, Hammond, IN 46324

$310,000
870 sqft 0.14 AC lot

Current dealership layout includes customer areas, off-street parking, and access to public utilities.

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Multi-Unit Storefront Property
Multi-Unit Storefront Property

4726 Calumet Ave, Hammond, IN 46327

$1,500,000
15,056 sqft

Fully leased retail property with established long-term occupants and frontage along two avenues.

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Triplex with Street-Level Storefront
Triplex with Street-Level Storefront

415 Gostlin Street, Hammond, IN 46327

$250,000
0.08 AC lot

Two occupied one-bedroom apartments accompany a commercial storefront in this mixed-use income property.

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Automotive Property with Signage
Automotive Property with Signage

7340 Calumet Ave, Hammond, IN 46324

$310,000
870 sqft

Existing parking, customer areas, and adaptable space support automotive, retail, or office operations.

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C-4 Storefront Property
C-4 Storefront Property

4020 Calumet Ave, Hammond, IN 46320

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4,492 sqft 0.79 AC lot

Retail-oriented commercial building with C-4 zoning near the I-90 and Calumet Ave exit.

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Six-Unit Mixed-Use Building
Six-Unit Mixed-Use Building

31-6429 Kennedy Ave, Hammond, IN 46323

$550,000
7,952 sqft

Three commercial spaces and three apartments share a single property under Commercial C4 zoning.

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Retail-Office Building with Ample Parking
Retail-Office Building with Ample Parking

2620 165th St, Hammond, IN 46323

$915,000
8,656 sqft

Versatile space on 165th Street with on-site parking and adaptable layout for retail, office, medical, or services.

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Retail Space with Liquor and Gaming License
Retail Space with Liquor and Gaming License

6712 Calumet Ave, Hammond, IN 46324

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5,356 sqft

Two-parcel retail offering with liquor and gaming license included and potential for additional rental units.

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Freestanding Bank Building
Freestanding Bank Building

7007 Calumet Avenue, Hammond, IN 46324

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3,828 sqft

Corner-site commercial building with a drive-thru lane, basement storage, and dedicated rear parking.

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Three-Building Mixed-Use Property
Three-Building Mixed-Use Property

6850 Calumet Ave, Hammond, IN 46324

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10,227 sqft 0.71 AC lot

Retail and residential components occupy a signalized corner with on-site parking and monument signage.

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New Construction Verizon Wireless Retail
New Construction Verizon Wireless Retail

7935-43 Indianapolis Blvd, Hammond, IN 46324

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2,500 sqft 0.50 AC lot

Under-construction single-tenant net leased Verizon Wireless storefront scheduled for rent commencement in November 2020.

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Four-Unit Retail/Industrial Building
Four-Unit Retail/Industrial Building

7235-7241 Calumet Ave, Hammond, IN 46324

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8,906 sqft

Four-unit property with two leased retail spaces and two light industrial units plus four garages and onsite parking.

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Signalized-Corner Shopping Center
Signalized-Corner Shopping Center

330 Ridge Rd, Munster, IN 46321

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36,307 sqft 4.43 AC lot

Multi-tenant retail center with established occupancy, national tenants, and four available spaces.

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Valvoline Auto Service Property
Valvoline Auto Service Property

9616 Calumet Ave, Munster, IN 46321

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2,058 sqft

The property has a new 18-year lease with a Valvoline tenant.

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Walkable Storefront Property
Walkable Storefront Property

6604 Kennedy Avenue 6606, Hammond, IN 46323

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Established storefront location near restaurants, banking, postal services, parks, and other neighborhood businesses.

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Indoor Business Park Flex Space
Indoor Business Park Flex Space

1650 W 45th Street, Munster, IN 46321

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Single-level flex setup with abundant parking and accessible rear entry for office and specialized retail use.

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Anchored Retail Shopping Center
Anchored Retail Shopping Center

7235-37 Indianapolis Boulevard, Hammond, IN 46324

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Fully occupied Hammond retail center anchored by Schoop's Hamburgers on Indianapolis Boulevard.

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Anchored Retail Shopping Center
Anchored Retail Shopping Center

1101-1113 5th Avenue, Hammond, IN 46320

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Four-tenant shopping center anchored by Ross Dress for Less with long-term leases in place.

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Bank Building with Drive-Through
Bank Building with Drive-Through

545 Ridge Rd, Munster, IN 46321

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Freestanding commercial building with a drive-through and a former banking layout near established retail activity.

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Storefront Retail Building
Storefront Retail Building

5629 Calumet Ave, Hammond, IN 46320

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Existing improvements offer a starting point for rehabilitation and future business use.

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Industrial
Industrial

741 Hoffman St, Hammond, IN 46327

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8,833 sqft 0.34 AC lot

Warehouses · 8,833 SF

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Grocery-Anchored Shopping Center
Grocery-Anchored Shopping Center

7925 Indianapolis Blvd, Hammond, IN 46324

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Five-tenant retail center with grocery-store anchoring and interstate exposure in the Chicago metropolitan area.

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Hammond, IN Retail Properties & Spaces Market Trends and Statistics

Explore 72 retail properties & spaces for sale in Hammond, IN, showcased through 33 active listings on our real estate platform. These investment opportunities span a total of 146,692 square feet of properties for sale, with an estimated market value of $7,200,000.

Sale prices for stores in Hammond, IN start at $250,000, averaging $900,000, and reaching up to $2,450,000 — 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

Storefront properties 21
Shopping centers 11
Automotive properties 8
Auto shops 5
Banks 4

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
46324 $310K
46323 $793.3K
46327 $875K

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)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Lake County

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