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33160392
32939708

6429 S Kennedy Avenue 31, Hammond, IN 46323

Brokerworks Group
Listed by Brokerworks Group
$550,000
50 days on market
Updated 38 days ago

6429 S Kennedy Avenue 31

Details
APN 450704455001000023
Property Type Mixed Use, Retail (+1)
Sub Type Auto Shop, Warehouse (+3)
Year Built 1952
Acreage 0.132

Mixed Use

Marketing description

Incredible investment opportunity in Hammond! This 6-unit mixed-use building is a turnkey income generator with solid cash flow and massive upside. Perfectly situated on a high-visibility corner lot at Kennedy and Cleveland, the property boasts flexible Commercial C4 zoning--ideal for nearly any business type. The building features 3 vibrant commercial/retail spaces on the main level (currently home to a busy beauty salon, Herbalife retail, and a retail store) and 3 residential units above (two spacious 2-bedroom apartments and one cozy studio apartment). Additional revenue is generated by an attached 3-car garage. Located just minutes from major transit routes, local parks, and the bustling Indianapolis Blvd retail corridor, this location ensures a steady stream of foot traffic and tenant demand. Current Monthly Income Breakdown: Event Space: TBD/mo Beauty Salon: 1,500/mo 2-Bed Apt (Leased): 950/mo Herbalife Retail (M2M): 900/mo 2-Bed Apt (Leased): 800/mo 3-Car Garage (M2M): 600/mo Studio Apt (Leased): 400/mo Total Gross Income: 78,600/year. Don't miss out on adding this versatile, high-yield asset to your portfolio! Subject to tenant rights.
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Listing Contacts

Brokerworks Group
Listed by Brokerworks Group

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Zoning

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C-4 CommercialGeneral CommercialGeneral Commercial
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Last updated Feb 27, 2026 For deeper zoning details, reports are available at Zoneomics

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