1403 Michigan Street Hammond, IN ^$ 239,000

1403 Michigan Street

^$ 239,000

Back to search

Recently Listed

1403 Michigan Street

Hammond, IN, 46320

^$ 239,000

Bedrooms-- Baths-- Sq 2,012

Monthly Estimate*

^$ 1,472

1403 Michigan Street, Hammond, IN 46320 - Image 1

1403 Michigan Street, Hammond, IN 46320 - Image 2

Commercial Property for sale in Hammond, IN

for $239,000. This 2,012 square foot building was built in 1950 on a lot size of 0.215.

Your start up bar awaits you. A 2000 square feet commercial building with parking that features many of the commercial appliances you may need to get your business set up. Conveniently located on the corner of Michigan St and Tell Ave, this lot features additional storage in the back. Don't miss your opportunity to make this one your own.

Commercial Active

Price

^$ 239,000

Property Type

Commercial

Taxes

^$ 5,594

Style

Business

Lot Size

0.215

Year Built

1950

Town/City

Hammond

County/Region

Lake

MLS | Web ID

840051

Features

Interior

Interior Amenities Ceiling Fan(s) Wet Bar Open Floorplan

General

Sewer Public Sewer

Heating Forced Air

Utilities Cable Available Water Connected Sewer Connected Electricity Connected

Security Features Fire Alarm Security Lights Smoke Detector(s)

Year Built 1950

Electric 100 Amp Service

View None

Township North

Property Subtype Business

Tax Year 2025

County Lake

Property Type Commercial Sale

Subdivision Name Michigan Ave Add

Building Features Business District Location

Status Active

Directions Ridge Rd to Columbia Ave - Columbia north to Michigan turn right (east) on Michigan St to property. (corner of Michigan & Tell)

City Hammond

Lot Size Square Feet 9365

Listing Terms Cash Conventional

Tax Annual Amount 5594

Standard Status Active

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

Exterior

Parking Features Off Street Paved Asphalt Alley Access Additional Parking

Lot Features Corner Lot Paved

Water Source Public

Total Parking 10

Lot Size Acres 0.215

Lot Size Source Assessor

Waterfront Y/N N

* Excluded Features

List By

Michael Borowiec

Listing Agent

Mccolly Real Estate

Broker

mikeborowiec@mccolly.com

Affordability Calculator

$1,938

Per Month

Monthly Principal & Interest: $1,472
Monthly Property Taxes: $466
Monthly Home Insurance: --

Set your offer price

Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% 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.

Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

THE TIME TO SELL IS NOW! What's my home worth?

Nearby

Trends
Schools

Commerical listings in Hammond, IN

Average List Price ^$561,667

Percent of Sale Price 135%

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
6/3/2026	$239,000		Listed Price

Map

More homes like this one

homes for you

See all

1403 Michigan Street, Hammond, IN, 46320 is a Commercial Property for sale at $239,000 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 6.25% 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 6/8/2026.

*Full Name

*Email

*Phone

I am interested in financing options

Get more info

By submitting the form, you agree that Weichert^® may contact you via phone or text about your inquiry, which may involve the use of automated means. You are not required to consent as a condition of purchasing any property, goods or services. For any other information please read our privacy policy.

Get more info

Looking for an Associate?

Already Working with an Associate?

1403 Michigan Street

Commercial Property for sale in Hammond, IN

Affordability Calculator

Map

More homes like this one

Get more info about this home