Hammond, IN 46323 7444 Kennedy Avenue

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Presented By: Mark Keene with BS Realty Services Indiana LLC - (219) 292-3704;
  • MLS# 542175
  • 12/18/2023
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  • SQFT • 2,070

Home Details

Commercial 2 unit strip mall in a GREAT location. This property is visible from the 80/94 expressway for easy access to travelers. This is actually 2 separate parcels. The one to the North has the strip mall, and the one to the South is a vacant lot. The building currently houses the #1 Domino's Pizza Franchise in the area, and with a NNN lease that extends to 2024 with the option of a 5 year extension available twice more. The 2nd unit has a new tenant with a 3 year NNN lease starting on 01/01/24 with two 3 years options available.With the addition of the vacant lot to the South you have a variety of possibilities. You can add on to the existing building, build a 2nd building, or have a billboard installed for additional income.The parcel # for the vacant lot7504 Kennedy Ave45-07-16-179-016.000-023
Presented By: Mark Keene with BS Realty Services Indiana LLC - (219) 292-3704;

Interior Features for 7444 Kennedy Avenue

Other Interior Features

Interior AmenitiesElevator

Other Rooms

General for 7444 Kennedy Avenue

Building FeaturesAcoustical Ceiling(s), Suspended Ceiling(s), Strip Mall Location, Private Restrooms, Multi Tenant, Mixed Use, Exterior Lighting
CityHammond
CountyLake
DirectionsKennedy Ave North off of 80/94 property is immediately on the West Side.
Electric100 Amp Service, Circuit Breakers, 220 Volts, 200+ Amp Service, 150 Amp Service
Electric Expense
Gross Income
HeatingForced Air, Natural Gas
Insurance Expense
Legal DescriptionLegal Description: ROXANA 1ST ADD TO HAMMOND ALL LOTS 17 THRU 20 BL. 4 & N 1/2 VAC. 175TH ST. ADJ T
Listing TermsCash, Conventional
Lot Size Square Feet14767
MaintenanceExpense
Net Operating Income
Property Attached Y/NNo
Property SubtypeRetail
Property TypeCommercial Sale
Security FeaturesSecurity Lights
Standard StatusActive Under Contract
StatusActive Under Contract
Subdivision NameRoxana 1st Add
Tax Annual Amount9024
Tax Year2022
Taxes$9,024
Total Actual Rent39600
TownshipNorth
Trash Expense0
UtilitiesCable Available, Natural Gas Available, Natural Gas Connected, Electricity Available, Electricity Connected
Waterfront Y/NNo
Year Built2004

Exterior for 7444 Kennedy Avenue

Lot Dimensions102.58 x 133.35 x 92.37 x 133.01
Lot Size Acres0.339
Lot Size SourceAssessor
Parking FeaturesCommon, Paved, Lighted
Total Parking12
Water SourcePublic

Additional Details

Price History

Misty Walker

Broker
Price $600,000
MLS#542175
List Date 12/18/2023
Property Type Contingent
Phone
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