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    Hammond, IN
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    Hammond, IN Storefront Properties for Sale

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    Calumet City, IL East Chicago, IN Highland, IN
    Bar and Restaurant Building with Parking
    $239,000
    2,012 SF
    Bar and Restaurant Building with Parking

    1403 Michigan Street, Hammond, IN 46320

    Single building with parking and commercial appliances, plus additional back storage, ready for a new bar or restaurant concept.
    • 2000 SF commercial building on the corner of Michigan St and Tell Ave
    • Off‑street parking with alley access
    • Includes a wet bar and open floorplan
    • Forced‑air heating
    • Public water and public sewer
    Updated: Jun 3
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    Retail Center Anchored by Family Dollar
    $750,000
    18,000 SF
    Retail Center Anchored by Family Dollar

    Sheffield Ave 3704, Hammond, IN

    Retail shopping center with Family Dollar and vacant space.
    • Family Dollar anchors the center with a corporate guarantee and a triple net lease covering approximately 50% of the building.
    • Significant value‑add opportunity with approximately 9,000 SF of vacant space (with mezzanine) available for a new tenant or owner/user.
    • Established Family Dollar lease in place since 2002 with multiple extension options exercised and future options with rent escalations remaining.
    • Ideally located in a highly accessible and densely populated area.
    • Proximity to transportation: 1.2 miles from Hammond Station and 2.3 miles from Hegewisch Station.
    Updated: May 9, 2025
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    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Hammond, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, 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.

    Highland Retail Opportunity on Kennedy
    $475,000
    1,664 SF
    Highland Retail Opportunity on Kennedy

    Two-unit retail building on Kennedy Avenue with high visibility.

    8327 Kennedy Avenue, Highland, IN 46322

    View details
    East Chicago Retail Opportunity
    $505,000
    2,663 SF
    East Chicago Retail Opportunity

    Retail property with an established business and customer base.

    724 151st St, East Chicago, IN

    View details
    Highland Mixed-Use Building For Sale
    $699,000
    4,144 SF
    Highland Mixed-Use Building For Sale

    Mixed-use building with apartments and retail space in Highland, Indiana.

    2904 45th St, Highland, IN

    View details
    Mixed-Use Property with Business Opportunity
    $285,000
    Mixed-Use Property with Business Opportunity

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

    1219 W 150th Street, East Chicago, IN 46312

    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.

    Land Near Hammond Landmarks
    $450,000
    0.45 Acres
    Land Near Hammond Landmarks

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

    6850 Indianapolis Blvd, Hammond, IN 46324

    View details
    Chicago Development Site For Sale
    $850,000
    1.51 Acres
    Chicago Development Site For Sale

    1.51-acre development site with high visibility and access.

    10806 South Doty Avenue, Chicago, IL 60628

    View details
    Chicago Commercial Land For Sale
    Contact for pricing
    0.07 Acres
    Chicago Commercial Land For Sale

    Commercial land in a rapidly developing Chicago neighborhood.

    22 E 112th Street, Chicago, IL 60628

    View details
    Prime Dyer Location Land
    $385,000
    2.00 Acres
    Prime Dyer Location Land

    High-visibility land in Dyer, suitable for various commercial uses.

    1451 Joliet Street, Dyer, IN 46311

    View details

    Hammond, IN Storefront Properties Market Trends and Statistics

    Explore 2 storefront properties for sale in Hammond, IN on our real estate platform. These investment opportunities span a total of 20,012 square feet of properties for sale, with an estimated market value of $989,000.

    Sale prices for retail units in Hammond, IN start at $239,000, averaging $494,500, and reaching up to $750,000 — 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
    Shopping centers 5
    Storefront properties 5
    Auto shops 4

    Demographics Overview

    Population 117K
    Population Growth (5Y) +1.0%
    Median Household Income $68,360
    College Educated 24.8%

    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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