1403 Michigan Street Hammond, IN ^$ 259,000

1403 Michigan Street

^$ 259,000

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1403 Michigan Street

Hammond, IN, 46320

^$ 259,000

Bedrooms-- Baths-- Sq 2,012

Monthly Estimate*

^$ 1,616

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Commercial Property for sale in Hammond, IN

for $259,000. This 2,012 square foot building was built in 1950 on a lot size of 0.215.

Prime location for your next business venture! Situated on a high-traffic corner lot, this property was previously a well-established bar with a loyal clientele. Features include space for a pool table and juke box, creating the perfect atmosphere for entertainment and social gatherings. The layout is ready to go, offering an ideal opportunity for a new owner or investor to step in and bring their vision to life. Don't miss out on this investor's dream--start your next chapter here!

Commercial Active

Price

^$ 259,000

Property Type

Commercial

Taxes

^$ 5,269

Style

Business

Lot Size

0.215

Year Built

1950

Town/City

Hammond

County/Region

Lake

MLS | Web ID

822874

Features

General

Sewer Public Sewer

Heating Forced Air

Utilities Electricity Connected Water Connected Natural Gas Connected

Year Built 1950

Electric 100 Amp Service

Township North

Property Subtype Business

Tax Year 2024

County Lake

Property Type Commercial Sale

Building Features Meeting Room Acoustical Ceiling(s) Exterior Lighting Public Restrooms

Status Active

Directions Located on Michigan Ave. between Calumet & 41 (Just east of Columbia).

City Hammond

Lot Size Square Feet 9365.4

Listing Terms Cash FHA Conventional

Tax Annual Amount 5269.54

Standard Status Active

Legal Description MICHIGAN AVE. ADD. L.14 BL.3 W. 25 FT. OF L.15 BL.3

Exterior

Exterior Amenities None

Parking Features Paved

Lot Features Corner Lot

Water Source Public

Total Parking 8

Lot Size Acres 0.215

Lot Size Source Estimated

Waterfront Y/N N

* Excluded Features

List By

Jaime Birks

Listing Agent

Exp Realty, Llc

Broker

jaime@coronarealtygroupinc.com

Affordability Calculator

$2,055

Per Month

Monthly Principal & Interest: $1,616
Monthly Property Taxes: $439
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% 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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Nearby

Trends
Schools

Commerical listings in Hammond, IN

Average List Price ^$556,909

Percent of Sale Price 115%

About Hammond, IN

77,082 Population

-7% Since 2002

^$41,776 Median Income

35.38 Median Age

30% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

1261196 Elementary School

1261197 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
12/4/2025	$259,000	-3.72%	Price Down
11/6/2025	$269,000	-3.58%	Price Down
8/18/2025	$279,000	-3.46%	Price Down
7/10/2025	$289,000	-3.34%	Price Down
6/20/2025	$299,000		Listed Price

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1403 Michigan Street, Hammond, IN, 46320 is a Commercial Property for sale at $259,000 with 2,012 sqft and a lot size of 0.215. 1403 Michigan Street was built in 1950. The property's zip code is 46320 which is in Hammond, IN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% 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.

Listing data provided courtesy of the Internet Data Exchange Program of the Greater Northwest Indiana Multiple Listing Service.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Greater Northwest Indiana Multiple Listing Service. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistribute. Its sole purpose is to be used for no other purpose than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 12/12/2025.

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1403 Michigan Street

Commercial Property for sale in Hammond, IN

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