5268 Hohman Avenue, Hammond, IN 46320

So Hui Nye

IN RB24001886, IL 475.215454

$2.67/SF/MO

31 days on market

Updated 30 days ago

5268 Hohman Avenue

Building Details

Property Type

Retail, Restaurant (+1)

Sub Type

Executive Office, Bar

Tenancy

Single

Class

Total Building SqFt

2,750

Year Built

1939

Spaces

2750sf Prime Retail/Restaurant Space in Downtown Hammond, IN

Building description

Rare opportunity to lease 2,700 SF of prime retail space in the heart of downtown Hammond. Delivered as a vanilla box, the space offers a flexible layout ideal for retail, restaurant, or service-oriented users. Located within a C-3 zoning district, the property benefits from both Opportunity Zone and Enterprise Zone designations, providing potential economic incentives for qualifying tenants, including tax advantages and support for buildout and investment. The surrounding area is experiencing ongoing revitalization with increased foot traffic, new developments all around, and direct access to the new 10M dollar Downtown Hammond train station. Unique opportunity for a rooftop dining or bar concept, offering added value and the ability to create a standout destination. Asking rent of 32 dollar PSF includes tenant access to and use of the rooftop area, presenting a rare opportunity to secure both street-level presence and rooftop activation within a single lease structure. Ideal for tenants seeking to establish a presence in a growing downtown corridor. Riverfront liquor licenses available Brand new 20M dollar street scape and infrastructure New 10M dollar Perdue quantum center

Building highlights

A rare opportunity to lease MODERN 2,700 SF of prime retail space in the heart of downtown Hammond, Northwest Indiana’s fastest-evolving urban corridors. Delivered as a vanilla box shell, the space offers a highly adaptable layout suited for chef-driven restaurants, boutique retail, hospitality, or experiential concepts seeking to establish a flagship presence in a desirable emerging market.

Situated within a C-3 zoning district, the property uniquely benefits from both Opportunity Zone and Enterprise Zone designations—creating a compelling economic environment for tenants. Qualifying users may take advantage of potential tax incentives tied to tenant improvements, equipment investment, and hiring, while also benefiting from increased capital investment and long-term growth driven by Opportunity Zone-backed development.

The surrounding downtown is undergoing significant reinvestment, with rising residential density, including the 100 unit Banc, and the $5M restoration of Hotel LaSalle next door. The flagship Yale Executive Building across the street, expanded business activity, and increasing foot traffic from commuters. The property is located a block away from the new $10M downtown Hammond station, providing direct commuter connectivity for both customers and employees.

A defining feature of this offering is the included rooftop access, presenting a rare opportunity to develop a signature rooftop dining and bar experience—an amenity that can elevate brand identity and drive destination traffic.

Asking rent of $32.00 PSF includes full tenant use of the rooftop area, delivering added value and a unique opportunity to activate both street-level and rooftop environments under one lease. Ideal for visionary operators seeking early positioning in a high-growth downtown submarket.

Riverfront liquor licenses available for this location

Brand new $20M street scape and infrastructure

New $10M Perdue quantum center