7235-41 Calumet Avenue

For Lease

7235-41 Calumet Avenue, Hammond, IN 46324

You can currently find 3 retail space(s) available for lease at 7235-41 Calumet Avenue. Designated use type for space listed here includes retail. Current retail listings at this property total 5,906 square feet. Lease type options include NNN. Expand the listing and property details below for additional information on leasing opportunities at 7235-41 Calumet Avenue.

Space Available For Lease 3

Contacts

broker
Rob Beardsley

Latitude Commercial Real Estate

Property Details

  • Property Type Retail - Street Retail
  • Property Size 8,906 SF
  • Lot Size 0.29 Acre
  • Date Updated Aug 21, 2025
Located at 7235-41 Calumet Avenue in Hammond, IN, this retail property sits prominently on US 41 with excellent access to major transportation links, including a two-minute drive to I-94. Hammond boasts a population of 77,879 as of 2020 and stretches from Lake Michigan to the Little Calumet River and from the Illinois state line to Cline Avenue. The city benefits from excellent transport links, including the South Shore Line, Borman Expressway, and Indiana Toll Road, enhancing its connectivity. Noteworthy local attractions include the scenic Wolf Lake parklands and the Horseshoe Hammond riverboat casino. Additionally, the upcoming West Lake Corridor project is poised to significantly boost Hammond's economy by enhancing regional accessibility and stimulating economic growth, making this property an even more attractive investment.Seize the opportunity to own a strategically positioned property just two minutes from I-94, boasting great visibility on Calumet Avenue, perfect for businesses seeking a high-traffic location. This mixed-use building features a total of four units, comprising two fully leased retail spaces that attract steady foot traffic and two versatile light industrial spaces, offering ample flexibility for a range of business activities. Each unit offers different amenities, with some featuring garage access, perfect for businesses that need extra storage or workspace. Plus, onsite parking makes it easy for both customers and staff to come and go. With adjacent parcel owners open to selling, this property not only serves current business needs but also offers potential for future development. Ideal for investors or developers, this property provides significant value-add potential.Seize the opportunity to lease a strategically positioned property just two minutes from I-94, boasting great visibility on Calumet Avenue, perfect for businesses seeking a high-traffic location. This mixed-use building features a total of four units, comprising two one fully leased retail space that attract steady foot traffic, one 700 SF retail salon space, and two versatile light industrial spaces, offering ample flexibility for a range of business activities. Each unit offers different amenities, with some featuring garage access, perfect for businesses that need extra storage or workspace. Plus, onsite parking makes it easy for both customers and staff to come and go. With adjacent parcel owners open to selling, this property not only serves current business needs but also offers potential for future development. Ideal for investors or developers, this property provides significant value-add potential.
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Highlights

  • Ample parking for employees and visitors
  • Convenient location for accessibility to I-80/94
  • Customization potential to suit unique tenant requirements
  • High visibility and excellent signage opportunities with 28,125 average daily traffic count
  • Versatile floor plans to accommodate a range of business needs

Getting around

  • 71/100

    Walk Score ®

  • 49/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Hammond, IN
  • Neighborhood South Hammond
  • Zip Code 46324
  • Market Chicago

Points of Interest

  • East Chicago

    2.59 miles

  • Dyer

    4.59 miles

  • Hammond-Whiting

    7.58 miles

  • Gary Metro Center

    8.96 miles

  • Speedway

    0.49 miles

  • Marathon

    0.78 miles

  • Citgo

    1.06 miles

  • Mobil

    1.10 miles

  • Shell

    1.33 miles

  • BP

    1.38 miles

  • Hammond City Hall Parking

    1.63 miles

  • South 173rd Street Parking

    1.74 miles

  • North 173rd Street Parking

    1.78 miles

  • 169th Street Parking

    1.81 miles

  • 169th St. Parking Garage

    1.90 miles

  • Griffith Municipal Parking Lot

    5.80 miles

  • 84 HSM Parking Lot

    7.71 miles

  • Village Mall parking

    8.06 miles

  • Dunkin'

    0.08 miles

  • Edwardo's Natural Pizza

    0.83 miles

  • Burger King

    0.87 miles

  • Taco Bell

    0.91 miles

  • White Castle

    0.92 miles

  • Wendy's

    0.96 miles

  • Arby's

    1.09 miles

  • McDonald's

    1.11 miles

  • Panera Bread

    1.13 miles

  • Firehouse Subs

    1.19 miles

  • ALDI

    0.97 miles

  • Target

    0.98 miles

  • Food 4 Less

    1.41 miles

  • Jewel-Osco

    1.51 miles

  • Strack & Van Til

    1.55 miles

  • Walmart Supercenter

    1.58 miles

  • Ross

    1.93 miles

  • dd's Discounts

    1.95 miles

  • 1st Choice Market

    2.20 miles

  • Big Lots

    2.45 miles

7235-41 Calumet Avenue Listing Brief

  • A property’s location contributes to the asking rent almost as much as its characteristics do. For instance, central urban locations with high walkability or suburban locations with ample parking and easy access by car will claim higher rents but offer superior access to your customer base. Likewise, the quality of the building systems and property finishes have a significant impact on how businesses can conduct their activity there, as well as on the experience of their customers.

    Retail space at 7235-41 Calumet Avenue asks $12.00/SF/YR per square foot.

  • The property includes 5,906 square feet of retail space for lease. Of this total, 5,906 square feet are Retail.

    Lease agreement conditions for the availability at this property include NNN.

    For more information or to schedule a tour of the property, use the convenient contact form on this page to get in touch with a representative.

  • You should keep in mind that different areas gradually build a reputation as hotspots or desirable corridors for shopping, eating, or other entertainment and consumer activities. So, while renting retail space in an area with a well-established high-end reputation might mean more customers that are more willing to spend, it will also place you in a more competitive environment.

    Knowing your ideal customer is essential. For your consideration, the average age of residents in South Hammond is 37. The average household income here is $61,118 per year.

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Rob Beardsley

Latitude Commercial Real Estate

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