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& 1340 Davis Ave 1349 Calumet Ave 8,600 SF Office Building Robertsdale, IN 46394 $820,000 ($95.35/SF)
EXECUTIVE SUMMARY
• Building Size: +/- 8,600 SF on +/- 0.69 AC (Total)
• 3-Story, Free-Standing Building with 6 Drive-Thru Lanes Located on 2 Parcels
• Located on the Corner of a Well-Known, Lighted Intersection Referred to as “5 Points”
• Frontage on US-41/Calumet Avenue, Indianapolis Avenue, and E. 114th Street
• Large Pylon Sign
• NEW PRICE: $820,000
Parcel #1: 1349 Calumet Avenue, Hammond, IN 46394
Parcel #2: 1340 Davis Avenue, Hammond, IN 46394
• Building Size: +/- 8,600 SF on +/- 0.69 AC (Total)
• 3-Story, Free-Standing Building with 6 Drive-Thru Lanes Located on 2 Parcels
• Located on the Corner of a Well-Known, Lighted Intersection Referred to as “5 Points”
• Frontage on US-41/Calumet Avenue, Indianapolis Avenue, and E. 114th Street
• Large Pylon Sign
• Asking Price: $910,000
The subject property includes a 3-story, free-standing, bank
branch building with a remote 6-lane drive-thru located on two
parcels totaling 0.69 AC. The property is on a corner of a locally
well-known, lighted intersection referred to as 5 Points. The
subject property has frontage on US-41/Calumet Ave,
Indianapolis Blvd, E. 114th St. Parcel #1 has a large pylon sign.
Seller intends to sell both properties and leave the two ATMs
onsite, in place of the current remote drive-thru. They also
intend to leave the ATM in the side of the existing building.
Seller will maintain and pay utilities for the three (3) ATMS for
a period of 25 years.
• 3-Story, Free-Standing Building with 6 Drive-Thru Lanes Located on 2 Parcels
• Located on the Corner of a Well-Known, Lighted Intersection Referred to as “5 Points”
• Frontage on US-41/Calumet Avenue, Indianapolis Avenue, and E. 114th Street
• Large Pylon Sign
• NEW PRICE: $820,000
Parcel #1: 1349 Calumet Avenue, Hammond, IN 46394
Parcel #2: 1340 Davis Avenue, Hammond, IN 46394
• Building Size: +/- 8,600 SF on +/- 0.69 AC (Total)
• 3-Story, Free-Standing Building with 6 Drive-Thru Lanes Located on 2 Parcels
• Located on the Corner of a Well-Known, Lighted Intersection Referred to as “5 Points”
• Frontage on US-41/Calumet Avenue, Indianapolis Avenue, and E. 114th Street
• Large Pylon Sign
• Asking Price: $910,000
The subject property includes a 3-story, free-standing, bank
branch building with a remote 6-lane drive-thru located on two
parcels totaling 0.69 AC. The property is on a corner of a locally
well-known, lighted intersection referred to as 5 Points. The
subject property has frontage on US-41/Calumet Ave,
Indianapolis Blvd, E. 114th St. Parcel #1 has a large pylon sign.
Seller intends to sell both properties and leave the two ATMs
onsite, in place of the current remote drive-thru. They also
intend to leave the ATM in the side of the existing building.
Seller will maintain and pay utilities for the three (3) ATMS for
a period of 25 years.
PROPERTY FACTS
Sale Type
Owner User
Property Type
Office
Building Size
8,600 SF
Building Class
B
Year Built
1991
Price
$820,000
Price Per SF
$95.35
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
2,867 SF
Building FAR
0.29
Lot Size
0.69 AC
Zoning
C4 - Commercial
Parking
8 Spaces (0.93 Spaces per 1,000 SF Leased)
AMENITIES
- Air Conditioning
1 1
Walk Score®
Very Walkable (73)
Bike Score®
Very Bikeable (76)
PROPERTY TAXES
| Parcel Number | 45-03-06-301-006.000-023 | Improvements Assessment | $605,800 (2024) |
| Land Assessment | $88,400 (2024) | Total Assessment | $694,200 (2024) |
PROPERTY TAXES
Parcel Number
45-03-06-301-006.000-023
Land Assessment
$88,400 (2024)
Improvements Assessment
$605,800 (2024)
Total Assessment
$694,200 (2024)
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& 1340 Davis Ave | 1349 Calumet Ave
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