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    Hammond, IN
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    Hammond, IN Retail Space for Sale

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    20 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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    This listing looks promising.

    Here's a quick look at some key insights for

    1650 W 45th Street, Munster, IN 46321

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    • Est. Cap Rate

      8.9%
      Above avg (5.9%)

    • Est. NOI

      $219K
      Annual

    • Mortgage

      $138K
      Jul 2021

    • Property Type

      Retail Stores
      Built 1975
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    Automotive Property with Signage
    Updated: Oct 16, 2025
    Automotive Property with Signage

    7340 Calumet Avenue, Hammond, IN 46324

    $310,000
    870 sqft 0.14 AC lot
    870‑square‑foot commercial building on a 0.14‑acre parcel
    Currently operating as a used car dealership
    Approximately 2 1/2 blocks north of I‑80/94
    Traffic count of more than 32,000 vehicles daily
    HVAC installed within the last two years
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    Retail Space with Open Floorplan
    Retail Space with Open Floorplan

    2620 E 165th Street, Hammond, IN 46323

    $915,000
    8,656 sqft 0.43 AC lot

    Retail property with on-site parking, high ceilings, central heating, and public water and sewer service.

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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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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    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

    Contact for pricing
    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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    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

    Contact for pricing
    5,356 sqft

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

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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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    New Construction Verizon Wireless Retail
    New Construction Verizon Wireless Retail

    7935-43 Indianapolis Blvd, Hammond, IN 46324

    Contact for pricing
    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

    Contact for pricing
    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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    Indoor Business Park Flex Space
    Indoor Business Park Flex Space

    1650 W 45th Street, Munster, IN 46321

    Contact for pricing

    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

    1101-1113 5th Avenue, Hammond, IN 46320

    Contact for pricing

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

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    Signalized-Corner Shopping Center
    Signalized-Corner Shopping Center

    330 Ridge Rd, Munster, IN 46321

    Contact for pricing
    36,307 sqft 4.43 AC lot

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

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    Industrial
    Industrial

    741 Hoffman St, Hammond, IN 46327

    Contact for pricing
    8,833 sqft 0.34 AC lot

    Warehouses · 8,833 SF

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    Leased Retail Property
    Leased Retail Property

    4906 Calumet Ave, Hammond, IN 46327

    Contact for pricing

    Fully leased retail property with recent roof and mechanical updates, included in a TIF district.

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    Shopping Center Anchored by Home Depot
    Shopping Center Anchored by Home Depot

    1810-1818 E 165th St, Hammond, IN 46320

    Contact for pricing

    9,814-square-foot retail center in Hammond, Indiana is 100% occupied, with tenants including GameStop, Sally Beauty, and Gel Nails.

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

    545 Ridge Rd, Munster, IN 46321

    Contact for pricing

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

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    Mixed-Use Property with Off-Street Parking
    Mixed-Use Property with Off-Street Parking

    532-34 Conkey Street, Hammond, IN 46324

    Contact for pricing

    Mixed-use building with vacant retail/office space, two rented residential studios, on-site laundry, and off-street parking.

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    Corner Lot Commercial Building
    Corner Lot Commercial Building

    931 Chicago St, Hammond, IN 46327

    Contact for pricing

    Commercial building on a corner lot with main-floor office and retail-ready space, plus residential-style living areas on upper levels.

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    Based on your search, we've compiled Potential Opportunities for your consideration. Besides 20 Active Listings in Hammond, IN, we suggest to view alternatives - similar 52 Off-Market properties to explore as potential leads.

    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

    $280,000
    Estimated value
    4,722 sqft 0.18 AC lot
    View details
    8050 Calumet Ave
    RETAIL STORES (PERSONAL SERVICES)

    8050 Calumet Ave, Munster, IN 46321-1218

    $275,000
    Estimated value
    2,275 sqft 0.22 AC lot
    View details
    6806 Indianapolis Blvd
    RETAIL STORES (PERSONAL SERVICES)

    6806 Indianapolis Blvd, Hammond, IN 46324-1739

    $270,000
    Estimated value
    3,736 sqft 0.19 AC lot
    View details
    745 Rdg Rd
    RETAIL STORES (PERSONAL SERVICES)

    745 Rdg Rd, Munster, IN 46321-1611

    $305,000
    Estimated value
    3,880 sqft 0.37 AC lot
    View details

    Hammond, IN Retail Space Market Trends and Statistics

    Explore 72 retail space for sale in Hammond, IN, showcased through 20 active listings on our real estate platform. These investment opportunities span a total of 130,579 square feet of properties for sale, with an estimated market value of $6,950,000.

    Sale prices for retail space in Hammond, IN start at $310,000, averaging $992,857, 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 16
    Shopping centers 8
    Automotive properties 7
    Auto shops 4
    Banks 2

    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 $339.9K
    46323 $915K

    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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    Most Searched ZIP Codes in Hammond, IN

    • 46324
    • 46320
    • 46327
    • 46321
    • 46323

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