7444 Kennedy Avenue Active

Hammond,IN 46323

$ 675000

- Bed

- Bath

- SqFt


Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

MLS Listing ID 202501871

Year Built 2004

Annual Tax Amount $9,626

Tax Year 2023

Lot Size 0.340 Acres

Property Sub-Type Retail

Property Description

Commercial 2 unit strip mall in a GREAT location. A brand roof was installed in ths Spring of 2024. 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 2025 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.The City of Hammond has given permission to add a third unit to the building, with addtional parking available with the second lot. The parcel # for the vacant lot7504 Kennedy Ave45-07-16-179-016.000-023

Location

State IN

County Lake County

Area Lake County

Zoning C4

Interior

Flooring Carpet,Ceramic Tile,Concrete

Laundry , 12

Exterior

Fence Privacy

Roof Type Rubber

Building

Story 1

New Construction No

Others

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