6849 Columbia AVE Active Save Request In-Person Tour Request Virtual Tour
Hammond,IN 46324
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 3,400 sqft
Price per Sqft $73
Subdivision Maywood Gardens Add/Hammond
MLS Listing ID 829060
Year Built 1927
Tax Year 2024
Lot Size 0.333 Acres
Property Sub-Type Mixed Use
Property Description
A True Moneymaker with Endless Potential! Prime corner commercial property offering outstanding versatility, visibility, and income opportunity. Situated on a high-traffic corner with a stoplight, this property enjoys maximum exposure and steady visibility from drivers who have to stop right at the intersection. Whether fully leased or partially owner-occupied, it generates income from day one--with two apartments plus commercial space already producing returns. The main ALL-BRICK building features 2 units: A 1,258 sq. ft. retail/bar area currently operating as an American Legion. 2nd Unit is a 3-bedroom, 1-bath unit (approx. 1,392 sq. ft.) w/ a sun-filled family room, large dining and living areas, and a basement with laundry--currently configured for restaurant use but can also be an apartment rental. Additional highlights include a NEWER ROOF on Retail Building (approx. 10 years) UPDATED furnace and A/C(in retail space) & NEW paved parking lot. The 2nd structure offers a 3-car garage with a walk-in refrigerator and a 2-bedroom, 1-bath apartment above--ideal for additional rental income, staff housing, or extended family. A spacious backyard area provides even more flexibility for outdoor seating, gatherings. Located on a LARGE CORNER LOT with ample parking and excellent traffic flow, this property allows for multiple uses, including restaurant, bar, daycare, retail, or mixed-use operations. A fantastic opportunity for investors or owner-operators seeking flexible live/work or income-producing space in a HIGHLY-VISIBLE location!
Location
State IN
County Lake
Zoning Commercial
Interior
Heating Hot Water
Exterior
Exterior Feature Private Yard
View Y/N true
View true
Building
Lot Description Back Yard,Near Public Transit,Rectangular Lot,Paved,Corner Lot,Few Trees
Others
Acceptable Financing NRA20251007203448855460000000
Listing Terms NRA20251007203448855460000000