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7131-7139 Indianapolis Blvd 6,800 SF 100% Leased Office Building Hammond, IN 46324 $649,000 ($95.44/SF)
Investment Highlights
- Well maintained office building for sale on Indianapolis Boulevard
- Two unit building, with one one unit leased by a national tenant until June of 2028
- Vacant 2800sf unit with 1830sf basement available for owner user
- Located within 5 minutes of the expressway
- Several improvements within the last 5 years, including new roof, rooftop HVAC, updated facade and lighting, completed within the last 4 years
Executive Summary
Multi-tenant office building for sale in Hammond. Zoned C4, this property is strategically located on Indianapolis Boulevard, offering quick access to the expressway, a key advantage for business owners and investors. This property has undergone significant improvements within the last 4 years, including a new roof, rooftop HVAC, and updated
facade and lighting. The north unit (2,170sf) is leased until June of 2028 to a national medical user who has been at this location for over a decade. The south unit (2,800sf with an 1,830sf basement) will be available upon sale to a new user. Taxes are approximately $11,000 annually.
facade and lighting. The north unit (2,170sf) is leased until June of 2028 to a national medical user who has been at this location for over a decade. The south unit (2,800sf with an 1,830sf basement) will be available upon sale to a new user. Taxes are approximately $11,000 annually.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
6,800 SF
Building Class
B
Year Built
1955
Price
$649,000
Price Per SF
$95.44
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
6,800 SF
Building FAR
0.49
Lot Size
0.32 AC
Zoning
C4
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Fairly walkable
40/100
Exceptionally drivable
100/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 45-07-08-451-004.000-023 | Improvements Assessment | $212,500 |
| Land Assessment | $101,800 | Total Assessment | $314,300 |
Property Taxes
Parcel Number
45-07-08-451-004.000-023
Land Assessment
$101,800
Improvements Assessment
$212,500
Total Assessment
$314,300
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