RFP26C-6: 435 Fayette St

The City of Hammond Redevelopment Commission is selling a single parcel located at 435 Fayette Street, Hammond, IN, and is soliciting sealed redevelopment proposals. Interested parties must submit a purchase offer, a detailed development plan, and a 5 % earnest‑money check ($10,000) by the deadline. The winning bidder will enter a binding purchase agreement, must obtain insurable title, address any environmental remediation, secure all necessary permits, and close the transaction within 90 days of signing. This opportunity is essentially a real‑estate acquisition combined with a development contract, suitable for developers, investors, or trusts with the capacity to fund and execute a mixed‑use or commercial redevelopment. • Minimum purchase price $200,000 with a $10,000 earnest‑money deposit. • Proposals due April 7 2026 4:00 p.m.; opening at 4:30 p.m. the same day. • Buyer must provide title insurance, remediate any contamination, and obtain all required approvals. • No additional grant funding; the developer bears all costs and must close within 90 days.