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$289,000
For sale: 7003 Kennedy Ave, Hammond. An exceptional mixed-use property in a prime high-traffic location. The front features a fully operational restaurant Super Sub and Key Pizza complete with a commercial kitchen, staff, POS system, office, and two thriving businesses ready to continue operating. The back offers a spacious 3-bed, 1-bath residential unit on a flexible month-to-month lease, currently renting for 1,300/month (tenant pays separate utilities) and the unit has it's on furnace & AC. Situated on bustling Kennedy Avenue, the property benefits from massive daily exposure with prime signage. Lucrative investment opportunity that will not last. Private off street parking with room for expansion and drive thru. Businesses are negotiable. See private remarks for details.

7003 Kennedy Avenue, Hammond

$550,000
Incredible investment opportunity in Hammond! This 6-unit mixed-use building is a turnkey income generator with solid cash flow and massive upside. Perfectly situated on a high-visibility corner lot at Kennedy and Cleveland, the property boasts flexible Commercial C4 zoning--ideal for nearly any business type. The building features 3 vibrant commercial/retail spaces on the main level (currently home to a busy beauty salon, Herbalife retail, and a retail store) and 3 residential units above (two spacious 2-bedroom apartments and one cozy studio apartment). Additional revenue is generated by an attached 3-car garage. Located just minutes from major transit routes, local parks, and the bustling Indianapolis Blvd retail corridor, this location ensures a steady stream of foot traffic and tenant demand. Current Monthly Income Breakdown: Event Space: TBD/mo Beauty Salon: 1,500/mo 2-Bed Apt (Leased): 950/mo Herbalife Retail (M2M): 900/mo 2-Bed Apt (Leased): 800/mo 3-Car Garage (M2M): 600/mo Studio Apt (Leased): 400/mo Total Gross Income: 78,600/year. Don't miss out on adding this versatile, high-yield asset to your portfolio! Subject to tenant rights.

6429 S Kennedy Avenue Unit #31, Hammond

Updated . Information deemed reliable but not guaranteed.