7925 Nevada AveHammond, IN 46323

For Sale
$499,000

8,000 SF Freestanding Building, Vacant

Overview

Added:
Dec 11, 2024
Days on market:
91
This ±8,000 square foot freestanding building presents a unique redevelopment opportunity in Hammond, Indiana's Kennedy Business Park. Located at 7925 Nevada Avenue, this single-story, 1978-constructed property sits on a 0.83-acre lot and is zoned C4 | HS-2 District. Previously operating as a bar, the building offers multiple offices, restrooms, storage areas, a bar, lounge areas, and a breakroom. Ample parking is available both in front and rear of the building. The asking price is $499,000, translating to $62.38 per square foot. This owner-user investment is ideally suited for adaptive reuse. The property benefits from its convenient location, minutes from I-80, and is eligible for Lake County Economic Incentives (Revolving Loan Fund) and Hammond Incentives (Business Facade Rebate). Hammond's strategic position within the Chicago metropolitan area, bordering Chicago and with easy access to I-90, I-94, and I-80, makes this a compelling investment prospect. The property's features include a former bar/club layout, multiple offices, a locker room, and a breakroom. The vacant status allows for complete customization to suit a variety of business needs. The property's APN is 45-07-15-451-008.000-023.

Highlights

  • 8,000 SF freestanding building on 0.83-acre lot.
  • Redevelopment opportunity available.
  • Former bar/club with front and rear parking.
  • Features offices, locker room, and breakroom.
  • Minutes from I-94 interchange.

Property Details for 7925 Nevada Ave

Property type
Other specialty properties, Other retail properties
Square Feet
8,000 SF
Year Built
1978
Buildings
1
Stories
1
Lot Size (sq. ft)
36,155 SF

Location Insight

City
Hammond
County
Lake
State
Indiana
Latitude
41.570590325702
Longitude
-87.440848826253
7925 Nevada Ave, Hammond, Indiana

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7925 Nevada Ave
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