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About This Home

This 0-bedroom, 0-bathroom commercial at 7340 Calumet Avenue in Hammond, IN is listed for $310,000 ($356 per sqft). Built in 1987, the home offers 870 sqft of living space on a 0.14 acres lot.

Agent Description

Unlock the door to entrepreneurship with this exceptional 870 sq. ft. commercial property in the heart of Hammond, Indiana. Just 2 1/2 blocks North of I_80/94 this efficient gem at 7340 Calumet Ave is poised to become the canvas for your business vision while maintaining low overhead.

The versatile layout offers boundless possibilities, currently a fully operational used car dealership. Adaptable for any number of retail or office uses. Where potential for every square foot speaks to opportunity. Recent improvements include Modern LED Lot Lighting, Lighted Monument Sign and Lighted Building Signage, HVAC in the last two years, and redecorated interiors for comfortable customer areas.

The space works well as an automotive related location but could be molded to your unique business needs. Imagine display areas, workspaces, or a customer lounge - the choice is yours. Outside, a spacious parking lot welcomes your patrons, offering convenience in today's fast-paced world.

The property's exterior, with its charming brick facade, offers a timeless appeal that will make your business stand out and offers an inviting atmosphere for all who visit. Location is key, and this property delivers. Situated on bustling Calumet Avenue, you'll benefit from high visibility and easy accessibility with a traffic count of more than 32,000 vehicles daily.

The diverse neighborhood promises a steady stream of potential customers. Don't just start a business - create a legacy. This property isn't just a space; it's the launchpad for your entrepreneurial journey. With its prime location, versatile layout, and great potential, 7340 Calumet Ave is more than a property - it's your pathway to success. Seize this opportunity to turn your business dreams into reality in the heart of Hammond.

Key Features

  • Built in 1987
  • 0.14 acre lot
  • 20 parking spaces

Property Details

20 spaces
1987

Amenities

View

Monthly Cost Estimate

$1,658/mo

20% down · 6.5% · 30 years

Principal$224
Interest$1,343
Insurance$90

Estimates only. Actual payments may vary.

Location

7340 Calumet Avenue

Hammond, IN 46324

Features & Amenities

Exterior Features

Lighting

Property Details

Views

City

Parking

Off Street

Heating

CentralForced AirNatural Gas

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 7340 Calumet Avenue is listed at $310,000 ($356/sqft). The estimated monthly payment is $1,343 based on 20% down at 6.5% interest.

Key features include: Built in 1987, 0.14 acre lot, 20 parking spaces. Exterior Features: Lighting.

This property is listed by William Loy and can be reached at 2196702864 or bill.loy@mccolly.com.

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WL

William Loy

Agent at McColly Real Estate

(219) 670-2864

Listed by McColly Real Estate

MLS# 829455· Source: listhub· Updated 176 days ago

Copyright © 2026 Greater Northwest Indiana Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

7340 Calumet Avenue, Hammond, IN 46324

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