$350,000
$600,000
41.7%For more information regarding the value of a property, please contact us for a free consultation.
7444 Kennedy AVE Hammond, IN 46323
2,070 SqFt
Key Details
Sold Price $350,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
Square Footage 2,070 sqft
Price per Sqft $169
Subdivision Roxana 1St Add
MLS Listing ID 542175
Sold Date 05/21/25
Year Built 2004
Annual Tax Amount $9,024
Tax Year 2022
Lot Size 0.339 Acres
Acres 0.339
Lot Dimensions 102.58 x 133.35 x 92.37 x 133.01
Property Sub-Type Retail
Property Description
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
Location
State IN
County Lake
Interior
Interior Features Elevator
Heating Forced Air, Natural Gas
Fireplace N
Exterior
View Y/N true
View true
Others
Tax ID 450716131019000023
Acceptable Financing NRA20240130153132173061000000
Listing Terms NRA20240130153132173061000000
Financing Cash
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Bought with BS Realty Services Indiana LLC