2620 E 165th Street, Hammond, IN 46323

$915,000
Property Type: Commercial Sale Square Footage: 8,656 Lot Size (sq. ft.): 18,774 Status: Pending
Current Price: $915,000 List Date: 3/25/2026 Last Modified: 6/01/2026

Overview

Description

Prime commercial opportunity in a high-visibility location on 165th Street in Hammond. This versatile property offers excellent exposure with strong daily traffic counts, making it ideal for a wide range of business uses including retail, office, medical, or service-based operations. The space features a functional layout that can be easily adapted to meet your business needs, along with ample on-site parking for customers and employees. Conveniently located near major roadways, restaurants, and established businesses, this property provides both accessibility and visibility to help your business thrive. A great opportunity for owner-users or investors looking to establish or expand in a growing commercial corridor.

Listing Details MLS# 835999

General Property Information

Number Of Units Total
Yes
Living Area
8656
Building Area Source
Public Records
Year Built
1966
Parking Total
14
Lot Size Acres
0.431
Lot Size Square Feet
18774
Lot Size Source
Owner
Waterfront YN
No
Basement YN
No
Stories
Yes

Property Features

Building Features: Common Dock(s); Exterior Lighting; High Speed Internet; Lunch Room; Meeting Room; Private Restrooms Business Type: Industrial; Professional/Office; Retail; Warehouse Construction Materials: Brick Cooling: Ceiling Fan(s); Central Air Current Use: Mixed Use; Warehouse Electric: 200+ Amp Service Exterior Features: Lighting Flooring: Carpet; Concrete; Laminate Heating: Central Interior Features: Ceiling Fan(s); High Ceilings; Open Floorplan Listing Terms: Cash; Conventional; Lease Purchase Owner Pays: Management; Roof Maintenance Possession: Negotiable Possible Use: Automotive; Commercial; Industrial; Mixed Use; Retail; Warehouse Rail Availability: None Roof: Other Sewer: Public Sewer Special Licenses: None Special Listing Conditions: None Tenant Pays: All Utilities; Cable TV; Common Area Maintenance; Electricity; Gas; Hot Water; Insurance; Janitorial Service; Repairs; Snow Removal; Taxes; Telephone Utilities: Cable Connected; Electricity Available; Electricity Connected; Natural Gas Connected; Sewer Available; Sewer Connected; Water Available; Water Connected Water Source: Public

Contract Information

Auction YN
No
Original List Price
915000
Property Sub Type
Retail
Listing Agreement
Exclusive Right To Sell
Owner Name
AAP 508 N Main LLC
Occupant Type
Tenant
Occupant Name
Infrasource

Location Tax and Legal

Street Number
2620
Street Direction Prefix
E
Street Name
165th
Street Suffix
Street
County
Lake
State
IN
Postal Code
46323
Subdivision Name
Kaplans Turner-Meyn Park

Remarks and Miscellaneous

Public Remarks
Prime commercial opportunity in a high-visibility location on 165th Street in Hammond. This versatile property offers excellent exposure with strong daily traffic counts, making it ideal for a wide range of business uses including retail, office, medical, or service-based operations. The space features a functional layout that can be easily adapted to meet your business needs, along with ample on-site parking for customers and employees. Conveniently located near major roadways, restaurants, and established businesses, this property provides both accessibility and visibility to help your business thrive. A great opportunity for owner-users or investors looking to establish or expand in a growing commercial corridor.

Status Change Information

Major Change Timestamp
2026-06-01T15:24:07Z
Major Change Type
Status Change
Status Change Timestamp
2026-06-01
Offer Acceptance Date
2026-06-01

More Information

Building Features

Clear Ceiling Height
15 Ft
Number of Offices
4

Exemption Information

Exemption YN
No

Income and Expenses

Cap Rate
8
Net Operating Income
73905
Professional Management Expense
4095
Total Actual Rent
78000

Showing Requirements

Showing Instructions
Please contact the listing agent to set up a showing. With the building currently occupied we need to make sure showing times work with the tenant.
Listing Office: Realest.com
Last Updated: June - 01 - 2026
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