$359,000

Prime mixed-use investment opportunity with two buildings on one lot. The front building is currently operating as a hair salon and is equipped with multiple styling stations, a bathroom, and storage--ideal for continued use or conversion to other commercial applications. High visibility location supports strong business exposure. The rear residence was fully remodeled in January 2026, offering turnkey rental or owner-occupant potential. Features include a modern kitchen with quartz countertops, stainless steel appliances, hardwood floors throughout, three bedrooms, and abundant natural light. Additional value-add features include a finished basement with a new bathroom, attached 2.5-car garage, newer furnace and water heater, new plumbing, electrical and roofs on both buildings replaced approximately three years ago. Located within walking distance to restaurants, schools, and local amenities, this property is well-positioned for steady rental income, owner-user flexibility, or long-term appreciation. Prime mixed-use investment opportunity with two buildings on one lot. The front building is currently operating as a hair salon and is equipped with multiple styling stations, a bathroom, and storage--ideal for continued use or conversion to other commercial applications. High visibility location supports strong business exposure. The rear residence was fully remodeled in January 2026, offering turnkey rental or owner-occupant potential. Features include a modern kitchen with quartz countertops, stainless steel appliances, hardwood floors throughout, three bedrooms, and abundant natural light. Additional value-add features include a finished basement with a new bathroom, attached 2.5-car garage, newer furnace and water heater, new plumbing, electrical and roofs on both buildings replaced approximately three years ago. Located within walking distance to restaurants, schools, and local amenities, this property is well-positioned for steady rental income, owner-user flexibility, or long-term appreciation.

$310,000

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. 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.