6213-6221 Kennedy Ave, Hammond, IN 46323

11,250 SF | 100% Leased | Retail Building | Hammond, IN 46323 | $719,000 ($64/SF)

Date Added:
May 17, 2024
Days on Market:
28 days

Asking Price $719,000

Property Type
Retail
Square Feet
11,250 SF
Price / Square Foot
$64

Listing Contacts

Matthew McGrath
Matthew McGrath
Verified Profile
Carly Trinley
Verified Profile
  • Property Info

Property Overview

Massive opportunity has arrived with this mixed use building in the Hessville area of Hammond. First time available from a long term owner of 28 years. This building consists of a custom auto shop with 4 hoists and a compressor, a busy local restaurant, church, 3-bedroom apartment and steel warehouse that is home of boat and RV detail. These are all solid, long term tenants delivering stable income. With low annual tax, this building is delivering massive cash flow with over a 12 cap. Details available upon request. 95140---Net Income 9420/ month in gross rents monthly 113040 gross annual income 3900 year insurance 14000 year taxes

Property Details

Class
C
Year Built
1958
Stories
1
Property Subtype
Storefront Retail/Residential
Lot Size (sq. ft)
19,602 SF

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