6849 Columbia Avenue Hammond, IN $ 250,000
6849 Columbia Avenue
$ 250,000
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6849 Columbia Avenue

Hammond, IN, 46324
$ 250,000
Bedrooms-- Baths-- Sq 3,400

Monthly Estimate*

$ 1,560

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Commercial Property for sale in Hammond, IN

for $250,000. This 3,400 square foot building was built in 1927 on a lot size of 0.333.

A True Moneymaker with Endless Potential! Prime corner commercial property offering outstanding versatility, visibility, and income opportunity. Situated on a high-traffic corner with a stoplight, this property enjoys maximum exposure and steady visibility from drivers who have to stop right at the intersection. Whether fully leased or partially owner-occupied, it generates income from day one--with two apartments plus commercial space already producing returns. The main ALL-BRICK building features 2 units: A 1,258 sq. ft. retail/bar area currently operating as an American Legion. 2nd Unit is a 3-bedroom, 1-bath unit (approx. 1,392 sq. ft.) w/ a sun-filled family room, large dining and living areas, and a basement with laundry--currently configured for restaurant use but can also be an apartment rental. Additional highlights include a NEWER ROOF on Retail Building (approx. 10 years) UPDATED furnace and A/C(in retail space) & NEW paved parking lot. The 2nd structure offers a 3-car garage with a walk-in refrigerator and a 2-bedroom, 1-bath apartment above--ideal for additional rental income, staff housing, or extended family. A spacious backyard area provides even more flexibility for outdoor seating, gatherings. Located on a LARGE CORNER LOT with ample parking and excellent traffic flow, this property allows for multiple uses, including restaurant, bar, daycare, retail, or mixed-use operations. A fantastic opportunity for investors or owner-operators seeking flexible live/work or income-producing space in a HIGHLY-VISIBLE location!

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Commercial Contingent

Price

$ 250,000

Property Type

Commercial

Taxes

$ 0

Style

Mixed Use

Lot Size

0.333

Year Built

1927

Town/City

Hammond

County/Region

Lake

MLS | Web ID

829060

Features
General
Sewer Public Sewer
Heating Hot Water
Utilities Electricity Connected Water Connected Sewer Connected Natural Gas Connected
Appliances Dishwasher
Year Built 1927
Electric Other
Township North
Property Subtype Mixed Use
Tax Year 2024
County Lake
Property Type Commercial Sale
Subdivision Name Maywood Gardens Add/Hammond
Building Features Multi Tenant Exterior Lighting Enclosed Stair(s) Public Restrooms Private Restrooms
Status Accepting Backup Offers
Directions Indianapolis Blvd to 173rd St. to Southeastern Ave. to 169th St. to Columbia Ave.
City Hammond
Zoning Description Commercial
Lot Size Square Feet 14505
Listing Terms Cash Conventional
Tax Annual Amount 0
Standard Status Active Under Contract
Legal Description MAYWOOD GARDENS L.1 & L.2
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Exterior
Exterior Amenities Private Yard
Parking Features Paved
Lot Features Back Yard Rectangular Lot Near Public Transit Paved Few Trees Corner Lot
Water Source Public
Total Parking 35
Lot Size Acres 0.333
Lot Size Source Assessor
Waterfront Y/N N
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* Excluded Features
List By
Kristin McCoy

Listing Agent

Mccolly Real Estate

Broker

kristin.mccoy@mccolly.com

Email

Affordability Calculator

$1,560
Per Month
100%
0%
0%
Monthly Principal & Interest
$1,560
Monthly Property Taxes
--
Monthly 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
1261196 Elementary School
1261197 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/9/2025$250,000 Listed Price

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6849 Columbia Avenue, Hammond, IN, 46324 is a Commercial Property for sale at $250,000 with 3,400 sqft and a lot size of 0.333. 6849 Columbia Avenue was built in 1927. The property's zip code is 46324 which is in Hammond, IN