7444 Kennedy AVE Active

Hammond,IN 46323

$ 675000

- Bed

- Bath

2070 SqFt


Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 2,070 sqft

Price per Sqft $326

Subdivision Roxana 1St Add

MLS Listing ID 542175

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 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

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