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5268 Hohman Ave
Hammond, IN 46320
Retail Property For Lease
·
2,700 SF


Highlights
- Modern Space in OpportunityZone and Enterprise Zone with Rooftop use.
Property Facts
| Total Space Available | 2,700 SF | Gross Leasable Area | 2,750 SF |
| Property Type | Retail | Year Built | 1939 |
| Property Subtype | Storefront Retail/Office |
| Total Space Available | 2,700 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 2,750 SF |
| Year Built | 1939 |
About the Property
A rare opportunity to lease MODERN 2,700 SF of prime retail space in the heart of downtown Hammond, Northwest Indiana’s fastest-evolving urban corridors. Delivered as a vanilla box shell, the space offers a highly adaptable layout suited for chef-driven restaurants, boutique retail, hospitality, or experiential concepts seeking to establish a flagship presence in a desirable emerging market. Situated within a C-3 zoning district, the property uniquely benefits from both Opportunity Zone and Enterprise Zone designations—creating a compelling economic environment for tenants. Qualifying users may take advantage of potential tax incentives tied to tenant improvements, equipment investment, and hiring, while also benefiting from increased capital investment and long-term growth driven by Opportunity Zone-backed development. The surrounding downtown is undergoing significant reinvestment, with rising residential density, including the 100 unit Banc, and the $5M restoration of Hotel LaSalle next door. The flagship Yale Executive Building across the street, expanded business activity, and increasing foot traffic from commuters. The property is located a block away from the new $10M downtown Hammond station, providing direct commuter connectivity for both customers and employees. A defining feature of this offering is the included rooftop access, presenting a rare opportunity to develop a signature rooftop dining and bar experience—an amenity that can elevate brand identity and drive destination traffic. Asking rent of $32.00 PSF includes full tenant use of the rooftop area, delivering added value and a unique opportunity to activate both street-level and rooftop environments under one lease. Ideal for visionary operators seeking early positioning in a high-growth downtown submarket.
