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    Hammond, IN
    Retail

    Hammond, IN Retail Space 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
    6 properties
    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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    • Est. Cap Rate

      9.1%
      Above avg (5.9%)

    • Est. NOI

      $31K
      Annual

    • Price @ 7% Cap

      $441K
      Above asking

    • Property Type

      Auto Repair, Garage
      Built 1946
    View Property Analytics
    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.
    View details
    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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    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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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    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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    Based on your search, we've compiled 77 Potential Opportunities for your consideration. Besides 6 Active listings in Hammond, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 66 Off-Market properties to explore as potential leads, plus 1 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.

    Former Bar and Restaurant Space
    Former Bar and Restaurant Space

    604 W 151st Street, East Chicago, IN 46312

    $95,000
    1,875 sqft 0.09 AC lot

    Previously operated bar with unique architectural features, currently vacant and without an active liquor license.

    View details
    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.

    View details
    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.

    View details
    Retail Space in River Oaks
    Retail Space in River Oaks

    668-702 River Oaks Dr, Calumet City, IL

    Contact for pricing
    1,330 sqft 1.13 AC lot

    Retail space in the heart of the River Oaks trade area.

    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.

    Prime PUD-Zoned Land Opportunity
    Prime PUD-Zoned Land Opportunity

    3229 State Road 207, Elkton, FL 32033

    $1,599,000
    900 sqft 2.07 AC lot

    2.07 acres of PUD-zoned land in a growing corridor.

    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.

    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
    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
    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
    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
    5703 Calumet Ave, Unit 7
    RETAIL STORES (PERSONAL SERVICES)

    5703 Calumet Ave, Hammond, IN 46320-2347

    Unit 7
    Value Estimation by Request
    10,658 sqft 0.26 AC lot
    View details
    428 173rd St
    RETAIL STORES (PERSONAL SERVICES)

    428 173rd St, Hammond, IN 46324-2512

    Value Estimation by Request
    2,400 sqft 0.41 AC lot
    View details
    4434 Calumet Ave
    RETAIL STORES (PERSONAL SERVICES)

    4434 Calumet Ave, Hammond, IN 46327-1410

    Value Estimation by Request
    3,456 sqft 0.43 AC lot
    View details
    7402 Indianapolis Blvd
    RETAIL STORES (PERSONAL SERVICES)

    7402 Indianapolis Blvd, Hammond, IN 46324

    Value Estimation by Request
    2,880 sqft 0.17 AC lot
    View details
    6814 Indianapolis Blvd
    RETAIL STORES (PERSONAL SERVICES)

    6814 Indianapolis Blvd, Hammond, IN 46324-1755

    Value Estimation by Request
    726 sqft 0.13 AC lot
    View details
    6602 Kennedy Ave
    RETAIL STORES (PERSONAL SERVICES)

    6602 Kennedy Ave, Hammond, IN 46323-1544

    Value Estimation by Request
    600 sqft 0.09 AC lot
    View details
    6836 Calumet Ave, Unit 50
    RETAIL STORES (PERSONAL SERVICES)

    6836 Calumet Ave, Hammond, IN 46324-1644

    Unit 50
    Value Estimation by Request
    3,464 sqft 0.71 AC lot
    View details
    5631 Calumet Ave
    RETAIL STORES (PERSONAL SERVICES)

    5631 Calumet Ave, Hammond, IN 46320-2021

    Value Estimation by Request
    4,175 sqft 0.07 AC lot
    View details
    1403 Michigan St
    RETAIL STORES (PERSONAL SERVICES)

    1403 Michigan St, Hammond, IN 46320-1418

    Value Estimation by Request
    2,012 sqft 0.21 AC lot
    View details
    2732 165th St, Unit 34
    RETAIL STORES (PERSONAL SERVICES)

    2732 165th St, Hammond, IN 46323-1030

    Unit 34
    Value Estimation by Request
    7,437 sqft 0.32 AC lot
    View details
    7010 Kennedy Ave, Unit 12
    RETAIL STORES (PERSONAL SERVICES)

    7010 Kennedy Ave, Hammond, IN 46323-2212

    Unit 12
    Value Estimation by Request
    5,020 sqft 0.14 AC lot
    View details
    6303 Indianapolis Blvd, Unit 9
    RETAIL STORES (PERSONAL SERVICES)

    6303 Indianapolis Blvd, Hammond, IN 46320-2229

    Unit 9
    Value Estimation by Request
    7,012 sqft 0.37 AC lot
    View details
    5529 Calumet Ave
    RETAIL STORES (PERSONAL SERVICES)

    5529 Calumet Ave, Hammond, IN 46320-2019

    Value Estimation by Request
    6,195 sqft 0.34 AC lot
    View details

    Hammond, IN Retail Space Market Trends and Statistics

    Explore 72 retail space for sale in Hammond, IN, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 28,401 square feet of properties for sale, with an estimated market value of $3,983,900.

    Sale prices for retail space in Hammond, IN start at $339,900, averaging $796,780, 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 $770K

    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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    Most Searched ZIP Codes in Hammond, IN

    • 46321
    • 46320
    • 46323
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