For Sale
$1,500,000

4732 Calumet Ave Hammond, IN 46327

Four Prime Properties, High ROI

Overview

Added:
Dec 11, 2024
Days on market:
137
This exceptional investment opportunity presents a portfolio of four adjoining properties in Hammond, Indiana, totaling approximately 9,214 square feet. The portfolio comprises a diverse mix of commercial and residential space, offering significant potential for income generation and future development. The properties are strategically located at 4732, 4726, and 4738 Calumet Avenue, and 4723 Baltimore Avenue, all within the 46327 zip code in Lake County. The portfolio includes approximately 1,936 square feet of leased retail space, generating consistent rental income. A substantial 1,760 square feet of leased restaurant space provides another strong revenue stream. Adding to the portfolio's versatility is approximately 2,678 square feet of leased warehouse space, ideal for storage or light industrial use. Finally, an 832 square foot single-family home rounds out this diverse offering. The asking price for this unique and lucrative portfolio is $1,500,000. This presents a rare chance to acquire a well-established, income-producing asset with significant upside potential in a desirable location. The properties' proximity to each other allows for efficient management and potential synergistic opportunities. This is an ideal investment for those seeking diversification and strong returns. The existing leases provide immediate cash flow, while the diverse nature of the properties allows for flexibility in future development or leasing strategies. Don't miss this chance to acquire a truly exceptional real estate portfolio.

Highlights

  • 1,936 SF retail space available for lease.
  • 1,760 SF restaurant space currently leased.
  • 2,678 SF warehouse space under lease.
  • 832 SF single-family home, leased.

Property Details for 4732 Calumet Ave

Property type
Specialty properties, Retail properties

Location Insight

City
Hammond
County
Lake
State
Indiana
Latitude
41.6277258
Longitude
-87.5093181

FAQs

What type of property is this?
Specialty property - Four Prime Properties, High ROI
Where is the specialty property located?
The property is located at 4732 Calumet Ave Hammond, IN.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 1,936 SF retail space available for lease.; 1,760 SF restaurant space currently leased.; 2,678 SF warehouse space under lease.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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4732 Calumet Ave
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