24
See all 24 photos
$250,000
Est. payment /mo
3,400 SqFt
Active
6849 Columbia AVE Hammond, IN 46324
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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
Acres 0.333
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
Fireplace N
Appliance Dishwasher
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
Tax ID 450707252004000023
Acceptable Financing NRA20251007203448855460000000
Listing Terms NRA20251007203448855460000000
Listed by McColly Real Estate
GET MORE INFORMATION
Chris Buckely
IL/IN/MI Managing Broker | License ID: IN- RB17001753 | IL- 477013311
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