1 State St

For Sale

5001-5029 State Line Road, Hammond, IN 46320

This Hammond property for sale is located at 5001-5029 State Line Road. The general use of 1 State St is retail and it incorporates 5,768 square feet of class C retail space. The current listed sale price for 1 State St is $299,000. 1 State St is situated on a lot that is 0.37 acre in size.

Contacts

broker
Aaron McDermott

Latitude Commercial

Property Details

  • Property Type Retail - Freestanding
  • Property Size 5,768 SF
  • Lot Size 0.37 Acre
  • Building Class C
  • Year Built 1960
  • Date Updated Mar 7, 2025
Located at 5001-5029 State Line Rd in Hammond, IN, this property is strategically positioned near the South Shore Line and just minutes from downtown Hammond, offering a mix of convenience and local amenities. Its close proximity to major transport routes like Calumet Avenue and I-90 enhances accessibility, making it ideal for businesses that value easy access and visibility. Near the Illinois-Indiana state line, it also offers the unique advantage of tapping into cross-state markets. This location is well-suited for retail operations or redevelopment projects looking to capitalize on both its prime positioning and the area's economic potential.Introducing a prime investment opportunity in Hammond, IN. This 5,768 SF retail/free-standing building presents a lucrative prospect for investors. Boasting a strategic location and ample space for retail or commercial use, this property offers a wealth of potential for development, investors, and retail users. Strategically positioned on the Illinois-Indiana state line, this property offers exceptional tax efficiencies and access to diverse markets, making it an ideal choice for investors or users aiming to maximize reach and minimize operational costs in the expanding Hammond area. Don't miss out on the chance to make this property a cornerstone of your investment strategy.Seize a practical leasing opportunity at 5001-5029 State Line Rd in Hammond, IN. This property offers a strategic location ideal for retail businesses or those looking to redevelop and customize their space. Situated near major transport routes like Calumet Avenue and I-90, the site ensures outstanding accessibility and visibility. The proximity to the South Shore Line and downtown Hammond adds an extra layer of convenience, making it attractive for both staff commuting and customer visits. The area features ample parking and is located near the Illinois-Indiana state line, enhancing its appeal to businesses aiming to tap into cross-state markets. Whether you’re looking to launch a new venture or expand an existing one, this location offers the perfect blend of visibility, accessibility, and potential for customization. Don't miss out on the chance to lease a property that provides the ideal combination of strategic positioning and practical amenities in Hammond's evolving market.
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Highlights

  • 5,768 SF building
  • Prime location
  • High visibility
  • Directly on Illinois-Indiana State Line
  • Retail / Free Standing Building
  • Excellent investment opportunity

Getting around

  • 69/100

    Walk Score ®

  • 57/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Hammond, IN
  • Neighborhood Central Hammond
  • Zip Code 46320
  • Market Chicago

Points of Interest

  • East Chicago

    2.47 miles

  • Hammond-Whiting

    4.87 miles

  • Dyer

    7.37 miles

  • Gary Metro Center

    9.72 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Aaron McDermott

Latitude Commercial

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