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Hammond, IN Retail Properties & Spaces for Sale

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Calumet City, IL East Chicago, IN Lansing, IL Chicago, IL Whiting, IN South Holland, IL Dolton, IL Gary, IN
11 properties
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Versatile Commercial Building on Double Lot
Updated: Aug 8, 2025
Versatile Commercial Building on Double Lot

917 Conkey St, Hammond, IN 46320

$339,900
3,200 sqft 0.12 AC lot
Versatile 3,200 sq. ft. commercial building on a double lot in the heart of Hammond.
Flexible open floor plan with high ceilings and overhead garage doors suitable for various business types.
Excellent street visibility, dedicated entrance, and client waiting room.
Recent major updates including a new bathroom (2024), water heater (2025), HVAC system, and roof.
Ample on‑street parking and a location that complements the surrounding residential area.
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This listing looks promising.

Here's a quick look at some key insights for

917 Conkey St, Hammond, IN, 46320-2531

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Hammond Commercial Property on 165th
Updated: Mar 25
Hammond Commercial Property on 165th

2620 E 165th Street, Hammond, IN 46323

$915,000
8,656 sqft 0.43 AC lot
High‑visibility location on 165th Street with strong daily traffic counts.
Versatile property suitable for retail, office, medical, or service‑based businesses.
Ample on‑site parking for customers and employees.
Conveniently located near major roadways, restaurants, and established businesses.
Functional layout easily adaptable to meet business needs.
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Turnkey Restaurant and Bar on Double Lot
Turnkey Restaurant and Bar on Double Lot

6247 Kennedy Avenue, Hammond, IN 46323

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

Two-tenant turnkey restaurant and bar on a double lot, offering an operating and leased income component.

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Automotive Dealership with Parking Lot
Automotive Dealership with Parking Lot

7340 Calumet Avenue, Hammond, IN 46324

$310,000
870 sqft 0.14 AC lot

Currently operating as a used car dealership with redecorated customer areas and on-site parking on Calumet Avenue.

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Free-Standing Building on Corner Lot
Free-Standing Building on Corner Lot

5646 Hohman Ave, Hammond, IN

$369,000
4,977 sqft 0.34 AC lot

4,977 SF building suitable for retail, service, or flex uses.

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Retail Center Anchored by Family Dollar
Retail Center Anchored by Family Dollar

Sheffield Ave 3704, Hammond, IN

$750,000
18,000 sqft 1.15 AC lot

Retail shopping center with Family Dollar and vacant space.

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Hammond Industrial Building on Large Site
Hammond Industrial Building on Large Site

3002 Sheffield Ave, Hammond, IN

Contact for pricing
3,072 sqft 4.60 AC lot

3,072 SF industrial building on 2.6 acre site.

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Industrial
Industrial

741 Hoffman St, Hammond, IN 46327

$765,000
8,833 sqft 0.34 AC lot

Warehouses · 8,833 SF

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Indoor Business Park Flex Space
Indoor Business Park Flex Space

1650 W 45th Street, Munster, IN 46321

$2,450,000

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

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Hospitality, Mixed Use, Office, Retail
Hospitality, Mixed Use, Office, Retail

407 Ridge Rd, Munster, IN 46321

$1,595,000
2,735 sqft

Mixed-use properties · 2,735 SF

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Freestanding Restaurant on Ridge Road
Freestanding Restaurant on Ridge Road

745 Ridge Rd, Munster, IN

Contact for pricing
3,880 sqft 0.80 AC lot

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

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Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 11 Active listings in Hammond, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 61 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.

Dollar General Redevelopment Opportunity
Dollar General Redevelopment Opportunity

626 River Oaks Drive, Calumet City, IL 60409

$1,310,000
12,855 sqft 0.66 AC lot

Dollar General NNN investment in Calumet City, Illinois.

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Mixed-Use Property on Indianapolis Boulevard
Mixed-Use Property on Indianapolis Boulevard

4802 Indianapolis Blvd, East Chicago, IN 46312

Contact for pricing
4,680 sqft

East Chicago mixed-use property with high visibility and traffic.

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Well-Maintained Retail Building For Sale
Well-Maintained Retail Building For Sale

665 River Oaks Dr, Calumet City, IL

Contact for pricing
12,855 sqft 0.19 AC lot

12,855 SF retail building near River Oaks Mall.

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Mixed-Use Property with Business Opportunity
Mixed-Use Property with Business Opportunity

1219 W 150th Street, East Chicago, IN 46312

$269,900

Mixed-use property featuring a store, apartments, and business potential.

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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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Hammond, IN Land Opportunity
Hammond, IN Land Opportunity

4514 Calumet Avenue, Hammond, IN 46327

$700,000
0.14 AC lot

Vacant lots in high-traffic area, ideal for redevelopment.

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Hammond Land Redevelopment Opportunity
Hammond Land Redevelopment Opportunity

4514 Calumet Avenue, Hammond, IN 46327

$700,000
0.14 AC lot

Prime land parcels in high-traffic Hammond commercial zone for sale.

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Fully Developed Commercial Land Lot
Fully Developed Commercial Land Lot

20521 King Arthur Drive, Lynwood, IL 60411

$85,000
1.03 AC lot

Fully developed lot in Lynwood, Illinois, with zoning listed as COMMR and noted as B-3 in remarks.

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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.

5740 Indianapolis Blvd
AUTO REPAIR, GARAGE

5740 Indianapolis Blvd, Hammond, IN 46320-1454

Value Estimation by Request
10,728 sqft 0.96 AC lot
View details
27 Rdg Rd
RETAIL STORES (PERSONAL SERVICES)

27 Rdg Rd, Munster, IN 46321-1568

Value Estimation by Request
4,722 sqft 0.18 AC lot
View details
545 Rdg Rd
FINANCIAL BUILDING

545 Rdg Rd, Munster, IN 46321-1607

Value Estimation by Request
2,576 sqft 0.48 AC lot
View details
8050 Calumet Ave
RETAIL STORES (PERSONAL SERVICES)

8050 Calumet Ave, Munster, IN 46321-1218

Value Estimation by Request
2,275 sqft 0.22 AC lot
View details
6806 Indianapolis Blvd
RETAIL STORES (PERSONAL SERVICES)

6806 Indianapolis Blvd, Hammond, IN 46324-1739

Value Estimation by Request
3,736 sqft 0.19 AC lot
View details
6835 Kennedy Ave, Unit 37
PARKING LOT

6835 Kennedy Ave, Hammond, IN 46323-1549

Unit 37
Value Estimation by Request
1.57 AC lot
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8131 Calumet Ave
RESTAURANT

8131 Calumet Ave, Munster, IN 46321-1701

Value Estimation by Request
4,187 sqft 0.68 AC lot
View details
935 Hoffman St
RESTAURANT

935 Hoffman St, Hammond, IN 46327-1838

Value Estimation by Request
6,440 sqft 0.36 AC lot
View details
745 Rdg Rd
RETAIL STORES (PERSONAL SERVICES)

745 Rdg Rd, Munster, IN 46321-1611

Value Estimation by Request
3,880 sqft 0.37 AC lot
View details
7104 Kennedy Ave
AUTO REPAIR, GARAGE

7104 Kennedy Ave, Hammond, IN 46323-2225

Value Estimation by Request
2,877 sqft 0.18 AC lot
View details
7305 Kennedy Ave
CONVENIENCE STORE

7305 Kennedy Ave, Hammond, IN 46323-2648

Value Estimation by Request
1,813 sqft 0.33 AC lot
View details
6646 Kennedy Ave
RESTAURANT

6646 Kennedy Ave, Hammond, IN 46323

Value Estimation by Request
640 sqft 0.31 AC lot
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7235 Calumet Ave, Unit 41
RETAIL STORES (PERSONAL SERVICES)

7235 Calumet Ave, Hammond, IN 46324-2407

Unit 41
$810,000
Estimated value
8,906 sqft 0.29 AC lot
View details

Hammond, IN Retail Properties & Spaces Market Trends and Statistics

Explore 72 retail properties & spaces for sale in Hammond, IN, showcased through 11 active listings on our real estate platform. These investment opportunities span a total of 51,637 square feet of properties for sale, with an estimated market value of $6,043,900.

Sale prices for stores in Hammond, IN start at $310,000, averaging $755,487, and reaching up to $1,595,000 — 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

Automotive properties 6
Auto shops 5
Shopping centers 4
Storefront properties 4
Showrooms 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
46324 $418.2K
46320 $637K
46327 $765K
46323 $1M

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

Retail

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