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7340 Calumet Ave 870 SF Retail Building Hammond, IN 46324 $427,025 CAD ($490.83 CAD/SF)
Investment Highlights
- Modern LED lighting throughout
- Lighted Pylon and building signage
- Rare opportunity to purchase a NW Indiana used car lot!
- Built for efficient operation
- 32,000 VPD traffic count
Executive Summary
Prime commercial opportunity: Sized for low expense and efficiency of scale, 870 sq. ft. single-story property with traffic count over 32,000 daily and ample parking for +/- 20 vehicles. Ideal for entrepreneurs seeking to establish a thriving business location with high-visibility and customer accessibility. Rare opportunity to acquire an existing used car lot in NW Indiana at a very reasonable cost.
Financial Summary (Actual - 2024) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Taxes |
$10,008
|
$11.50
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$10,008
|
$11.50
|
Financial Summary (Actual - 2024)
| Taxes (CAD) | |
|---|---|
| Annual | $10,008 |
| Annual Per SF | $11.50 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $10,008 |
| Annual Per SF | $11.50 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
870 SF
Building Class
C
Year Built
1987
Price
$427,025 CAD
Price Per SF
$490.83 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
0.14 AC
Zoning
C-4 - General Commercial
Parking
20 Spaces (22.99 Spaces per 1,000 SF Leased)
Frontage
50’ on Calumet Ave
Amenities
- Dedicated Turn Lane
- Pylon Sign
- Security System
- Air Conditioning
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Calumet Auto Finance
- Retailer
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Calumet Auto Finance | Retailer | - | - | - |
Fairly walkable
50/100
Very drivable
80/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 45-06-13-229-023.000-023 | Total Assessment | $252,593 CAD (2025) |
| Land Assessment | $97,715 CAD (2025) | Annual Taxes | $10,008 CAD ($11.50 CAD/SF) |
| Improvements Assessment | $154,877 CAD (2025) | Tax Year | 2024 |
Property Taxes
Parcel Number
45-06-13-229-023.000-023
Land Assessment
$97,715 CAD (2025)
Improvements Assessment
$154,877 CAD (2025)
Total Assessment
$252,593 CAD (2025)
Annual Taxes
$10,008 CAD ($11.50 CAD/SF)
Tax Year
2024
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7340 Calumet Ave
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