6824 Calumet Avenue

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6824 Calumet Avenue

Hammond, IN 46324
Asking Price
$345K
Cap Rate
13%
Asset Type
Restaurant Retail
Class
Class B

What's Special

Prime Mixed-Use Commercial Property for Sale on Calumet Avenue – Restaurant + Office Space <p></p><p>Mixed-Use Flexibility: Restaurant and office space, suitable for multiple business types</p><p>​</p><p>Lease Rate: $1,600 per month, providing predictable rental income potential</p><p>​</p><p>Prime Location: High visibility on Calumet Avenue, near a major thoroughfare</p><p>​</p><p>Surrounding Amenities: Close to retail, restaurants, and professional offices</p><p>​</p><p>Long-Term Opportunity: Attractive for investors or owner-users seeking stable occupancy and value-add potential</p

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NOI
$80,000
Cap Rate
23.19%
DSCR
3.91
Strong
Cash-on-Cash
57.50%
Monthly Payment
$1,706.872
Annual Cash Flow
$59,517.539

Location & Travel Times