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Listed price in listed location currency (USD).
$489,999

005

MLS® 836484

Overview

Key Facts

Type Mixed Use
Levels Commercial Sale
Size 6000 sqft
Garage 
Taxes $4,125
Days Active 13
Lot Size 
Approx. Age 1955
Avg. Price Per Sqft $81
MLS® Number 836484

Property Address: 532-34 Conkey Street, Hammond, IN, 46324

Average square foot calculated using Size range provided by listing agent.

Description

Value add mixed use investment opportunity with massive upside potential in EXCELLENT condition! Currently generating 1, 650/month from only two residential studio units (750 and 900 each), this property offers the ability to increase income to over 5, 500/month through lease-up, unit expansion, and rent stabilization. The property features six total units retail, office, and residential including a 3, 000 SF commercial space and a 1, 950 SF commercial/office unit, both vacant and capable of commanding 1, 200-1, 600/month each. Two additional vacant office spaces can rent for 500-650/month each, or could be converted into larger residential units commanding 1250-1, 500/month each. Off-street parking, additional rear lot space/storage, and on site laundry make this property highly appealing to tenants. Ideal for investors seeking to build equity, increase cash flow, and reposition an underperforming asset in a strong rental market.
MLS® Number836484
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1955
Basement
DrivewayOff Street, On Street, Alley Access, Additional Parking, Other
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Apr 3, 2026List Date
$489,999List Price

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