Hammond, IN Commercial Real Estate for Lease - 18 Listings

24 Marble Street

24 Marble Street, North Hammond, Hammond, IN
Property

Industrial

399,000 SF
Availability

1 Space

399,000 SF
Year Built

2023
For Lease Contact for pricing
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5255 Hohman Avenue

5255 Hohman Avenue, Central Hammond, Hammond, IN
Property

Office

7,300 SF
Availability

1 Space

7,300 SF
For Lease

$9.00/SF/YR
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15,000 SF Available for Lease in Hammond

2030 Summer St, Woodmar, Hammond, IN
Property

Industrial

15,000 SF
Availability

1 Space

15,000 SF
For Lease Contact for pricing
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Freestanding QSR Opportunity

7833 Indianapolis Boulevard, Woodmar, Hammond, IN
Property

Retail

3,200 SF
Availability

1 Space

3,200 SF
Year Built

2024
For Lease Contact for pricing
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5250 Hohman Ave

5250 Hohman Avenue, Central Hammond, Hammond, IN
Property

Office

13,242 SF
Availability

5 Spaces

4,203 SF
Year Built

1913
For Lease

$12.00/SF/YR
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2330 Michigan Street

2330 Michigan Street, Woodmar, Hammond, IN
Property

Industrial

68,400 SF
Availability

4 Spaces

66,239 SF
Year Built

2024
For Lease Contact for pricing
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6815 Kennedy Ave

6815 Kennedy Ave, Hessville, Hammond, IN
Property

Office

3,350 SF
Availability

1 Space

3,350 SF
Year Built

1973
For Lease

$11.00/SF/YR
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HDC Business Center

5233 Hohman Ave, Central Hammond, Hammond, IN
Property

Office

1,380 SF
Availability

4 Spaces

580 SF
For Lease

$500.00 - $600.00/MO
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2901 Carlson Drive
ExecutiveSuites2
2901 Carlson Drive #300, Hammond, IN
Services

Open Workspace

Meeting Room

Private Office
Amenities

24/7 security

Accessible

Complimentary coffee & tea

Free water

High-speed internet

High-speed wifi

IT support

Lounge area

Mail services

Office furniture
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6340 Indianapolis Blvd.

6340 Indianapolis Blvd., Central Hammond, Hammond, IN
Property

VacantLand

871,200 SF
Availability

1 Space

100,000 SF
For Lease Contact for pricing
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3434 169th Street

3434 169th Street, Hessville, Hammond, IN
Property

Office

13,744 SF
Availability

1 Space

6,000 SF
Year Built

1971
For Lease

$7.50/SF/YR
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743 131st Pl.

743 131st Pl., North Hammond, Hammond, IN
Property

VacantLand

174,240 SF
Availability

1 Space

174,240 SF
For Lease

$4,250.00/MO
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Calumet Avenue New Construction - Street Retail

5903 Calumet Ave, Central Hammond, Hammond, IN
Property

Retail

6,000 SF
Availability

1 Space

5,000 SF
Year Built

2024
For Lease

$38.00/SF/YR
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24 Marble Street

24 Marble Street, North Hammond, Hammond, IN
Property

Industrial

447,433 SF
Availability

1 Space

447,433 SF
Year Built

2020
For Lease Contact for pricing
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20,000 - 100,000 SF For Lease in Hammond, IN

3200 Sheffield Avenue, Hammond, IN, North Hammond, Hammond, IN
Property

Industrial

600,000 SF
Availability

1 Space

180,000 SF
Year Built

1961
For Lease

$5.20/SF/YR
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4531 Columbia Avenue

4531 Columbia Avenue, North Hammond, Hammond, IN
Property

Industrial

267,093 SF
Availability

1 Space

80,000 SF
For Lease

$3.00/SF/MO
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4925 Sohl Ave

4925 Sohl Ave, North Hammond, Hammond, IN
Property

VacantLand

266 SF
Availability

1 Space

266,475 SF
Year Built

1967
For Lease Contact for pricing
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6823 - 6837 S. Grand Ave.

6823 - 6837 S. Grand Ave., Hessville, Hammond, IN
Property

Retail

11,850 SF
Availability

1 Space

1,050 SF
Year Built

1967
For Lease Contact for pricing
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Frequently Asked Questions

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate. However, there are three main categories that you are most likely to come across: office, retail, and industrial space.

Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute. The Hammond commercial real estate market incorporates 70,745 square feet of office space across 8 buildings.

Office buildings can also accommodate coworking spaces, which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis.
Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access. The Hammond commercial real estate market includes 47,062 square feet of retail space in a variety of settings.
Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities. Across the Hammond market, there is a total of 2,195,821 square feet of industrial property.

The listing inventory in Hammond incorporates commercial real estate for lease and for sale of almost all property types and subtypes. However, you’ll find some categories offer more rental or investment opportunities than others.

The largest share of commercial real estate space for lease in Hammond is represented by Industrial space, which accounts for 1,121,433 square feet of available listings. Office space available in Hammond adds up to 21,433 square feet.

Meanwhile, most of the listings of commercial property for sale in Hammond are in the Retail category.

The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.

The average rent for commercial real estate space listed for lease in Hammond is $9.96 per square foot. However, this value does not offer enough perspective on its own, as you will find significant variation in prices across property types, property classes, and location, as well as other impacting factors. For instance, rent per square foot of office space in Hammond can vary greatly depending on the rating of the property from Class A to Class C, as well as across the city depending on the location of the asset.

Whether you are looking for commercial real estate for lease or commercial property for sale, the best choice of location depends on the factors that are most relevant to your business strategy. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type.

As such, there are several areas that you could consider to be the best location for commercial real estate in Hammond, depending on the property type you are interested in. The highest concentration of commercial space listings of any kind in Hammond is in the Central Hammond neighborhood. But if we look at each commercial property type, we find that for office space, the best location is the Central Hammond area.

Meanwhile, retail space opportunities are most abundant in the Central Hammond submarket. Alternatively, if you are looking for warehouse or other industrial space, consider looking at listings in North Hammond.

Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.

Regardless of whether buying or leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker. In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market, the property type you need representation for, and will handle negotiations on your behalf in your best interest.

To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker. Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests.

CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!

The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property. Asking rents in the city went as high as $12 per square foot. In particular, the property type commanding the highest lease rates in Hammond was Office space.

The average size of a commercial property in Hammond depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build. While there are outliers that break height or volume records in the city, we can look at some average sizes by property use:

In Hammond, the average size of an office property is 8,844 square feet.
Retail properties here incorporate an average of 6,724 square feet.
Industrial space in Hammond is in buildings that are, on average 274,478 square feet in size.

Hammond, IN Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in Hammond currently add up to 1,426,356 square feet. The market offers 5 active office listing(s), which amount to 21,433 square feet and account for 31% of commercial spaces on the market. Local retail availability includes 9,250 square feet across 3 retail space(s). Industrial space for rent opportunities in Hammond amount to 1,121,433 square feet across a total of 5 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	5	21,433
Retail	3	9,250
Industrial	5	1,121,433
Other	3	274,240

Commercial Space for Sale Breakdown

What’s more, if you are interested in making an investment in the local market, you can also find commercial real estate for sale in Hammond, IN. Currently, there is 1,415,481 square feet of commercial property for sale here , which includes 3 office building(s) for sale , 5 retail investment opportunity listing(s) , and 3 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Office	3	31,729
Retail	5	40,457
Industrial	3	467,295
Other	8	876,000

Hammond, IN Commercial Real Estate for Lease - 18 Listings

24 Marble Street

5255 Hohman Avenue

15,000 SF Available for Lease in Hammond

Freestanding QSR Opportunity

5250 Hohman Ave

2330 Michigan Street

6815 Kennedy Ave

HDC Business Center

2901 Carlson Drive

6340 Indianapolis Blvd.

3434 169th Street

743 131st Pl.

Calumet Avenue New Construction - Street Retail

24 Marble Street

20,000 - 100,000 SF For Lease in Hammond, IN

4531 Columbia Avenue

4925 Sohl Ave

6823 - 6837 S. Grand Ave.

Frequently Asked Questions

Hammond, IN Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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Hammond, IN Commercial Real Estate for Lease - 18 Listings

Frequently Asked Questions

What are the different types of commercial real estate?

What types of commercial real estate are available in Hammond, IN?

What factors affect the price of commercial real estate in Hammond, IN?

What is the average rent for commercial space in Hammond, IN?

What are the best areas for commercial real estate in Hammond, IN?

How do I find a good commercial real estate broker?

What is the most profitable commercial real estate?

What is the average size of a commercial property in Hammond, IN?

Hammond, IN Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

Other Popular Searches

Popular Coworking Searches

Popular Office Searches

Popular Retail Searches

Popular Industrial Searches

About us