6213 Kennedy Avenue Hammond, IN $ 749,900
6213 Kennedy Avenue
$ 749,900
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6213 Kennedy Avenue

Hammond, IN, 46323
$ 749,900
Baths0.0 Sq 11,250

Monthly Estimate*

$ 4,984

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Studio

Commercial Property for sale in Hammond, IN

for $749,900. This 11,250 square foot building was built in 1955 on a lot size of 0.275.

Massive opportunity has arrived with this mixed use building in the Hessville area of Hammond. First time available from a long term owner of 28 years. This building consists of a custom auto shop with 4 hoists and a compressor, a busy local restaurant, church, 3-bedroom apartment and steel warehouse that is home of boat and RV detail. These are all solid, long term tenants delivering stable income. With low annual tax, this building is delivering massive cash flow with over a 12 cap. Details available upon request. 95140---Net Income9420/ month in gross rents monthly113040 gross annual income3900 year insurance14000 year taxes

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Commercial Active

Price

$ 749,900

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 6,053

Style

Mixed Use

Lot Size

0.275

Year Built

1955

Town/City

Hammond

County/Region

Lake

MLS | Web ID

803954

Features
General
Sewer Public Sewer
Heating Forced Air
Utilities See Remarks
Exterior Features None
Year Built 1955
Electric Other
Township North
Property SubType Mixed Use
Tax Year 2022
Gross Income 96240
Community Features Curbs Restaurant Street Lights Sidewalks
County Lake
Insurance Expense 4000
Property Type Commercial Sale
Subdivision Name Turner-Meyn Park
Building Features Mixed Use
Status Active
Directions Head North from 169th and Kennedy .8 miles the destination is on the right.
City Hammond
Zoning Description Mixed Use
Lot Size Square Feet 11979
Waterfront Y/N N
Street Name Kennedy
Property Attached Y/N Y
Tax Annual Amount 6053
Standard Status Active
Taxes 6053
Legal Description TURNER MEYN PARK L.1 & 2 BL.3 ALL L.3 BL.3
Adult Family Homes None
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Exterior
Fencing None
Parking Features Additional Parking
Lot Features See Remarks
Water Source Public
Total Parking 30
Lot Dimensions 132.1 X 150
Lot Size Acres 0.275
Lot Size Source Public Records
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Interior
Street Suffix Avenue
Laundry Features None
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* Excluded Features
List By
Carly Trinley

Listing Agent

Listing Leaders Northwest

Broker

carly.trinley@listingleadersnw.com

Email

Affordability Calculator

$5,488
Per Month
91%
9%
0%
Monthly Principal & Interest
$4,984
Monthly Property Taxes
$504
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
1261196 Elementary School
1261197 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/18/2024$749,900 Listed Price

Map


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6213 Kennedy Avenue, Hammond, IN, 46323 is a Commercial Property for sale at $749,900 with 11,250 sqft and a lot size of 0.275. 6213 Kennedy Avenue is a studio with 0.0 baths and was built in 1955. The property's zip code is 46323 which is in Hammond, IN