Active

6213 Kennedy Avenue

Hammond IN, 46323

$719,000


$63.91 per sqft

Active

11,250 sqft

Commercial

Built in 1955

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

803954

MLS ID

May 18, 2024

Listed

August 23, 2024

Updated

Map

6213 Kennedy Avenue
Hammond IN, 46323

Interior Features

Total Stories

1


Interior Features

None


Laundry Description

None


Floor Description

None


Fireplace

No


Cooling

Yes


Cooling Description

Ceiling Fan(s), Multi Units, Gas, Central Air


Heating

Yes


Heating Description

Forced Air

Exterior/Building Features

Lot Size

0.28 Acres


Exterior Features

None


Lot Features

See Remarks


Roof

Asphalt


Sewer

Public Sewer

Other Property Details

Taxes

$6,053


Tax Frequency

Annually


Days on Market

49


Garage

No


Parking

Additional Parking


Parking Total

30


View

No


County

Lake


Municipality

North


Water Source

Public


Pool

No


Zoning

Mixed Use

Listing History

Date

Event

Price

6/29/2024

Price change

$719,000

-5%

Courtesy of Listing Leaders Northwest, Carly Trinley,
Listing Contact:  

The data relating to real estate for sale on this web site comes in part from the Northwest Indiana REALTOR Association. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Team Hernandez Home Selling System shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

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