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    Hobart, IN

    Hobart, IN Commercial Real Estate for Sale

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    Updated Retail Storefront
    Updated: Sep 4
    Updated Retail Storefront

    3232 Michigan Street, New Chicago, IN 46342

    $140,000
    1,290 sqft 0.22 AC lot
    1,290‑square‑foot storefront building on 0.215 acres
    Recent improvements include newer mechanical systems and a newer roof
    Interior updates have been completed
    Natural gas forced‑air heating
    Public water and public sewer service
    View details
    Mixed-Use Property with Two Buildings
    Updated: May 28
    Mixed-Use Property with Two Buildings

    939 S Wisconsin Street, Hobart, IN 46342

    $1,299,900
    17,500 sqft 2.31 AC lot
    2.309‑acre mixed‑use property in Hobart, IN
    17,500 square feet across two buildings
    Main building offers nearly 10,000 finished square feet and was built in 1963
    Second building measures nearly 7,000 square feet with classrooms, gymnasium, offices, loft, and kitchens
    Large garage with loft space
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    Four-Office Storefront Property
    Four-Office Storefront Property

    341 Main Street, Hobart, IN 46342

    $255,000
    1,480 sqft 0.06 AC lot

    Flexible commercial layout with high ceilings and public water and sewer service.

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    See what stands out in Lake County

    We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

    We check every listing here. A few are worth a second look.

    Cap Rate available after sign in
    NOI available after sign in
    Local Demand available after sign in
    Religious Facility and Daycare Complex
    Religious Facility and Daycare Complex

    939 S Wisconsin St, Hobart, IN 46342

    $1,299,900
    17,500 sqft 2.30 AC lot

    Two turn-key buildings support a sanctuary and daycare-ready classrooms, with extensive space for future additions.

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    B-3 Commercial Land
    B-3 Commercial Land

    3700 Montgomery, Hobart, IN 46342

    $499,999
    1.00 AC lot

    Corner parcel with commercial zoning, public water, and public sewer serving potential retail, restaurant, or office development.

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    Historic Downtown Office Unit
    Historic Downtown Office Unit

    232 Main Street, Hobart, IN 46342

    $99,900
    736 sqft 0.02 AC lot

    Compact office unit with forced-air heating, natural gas service, and public water and sewer.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Hobart Land Package For Sale
    Hobart Land Package For Sale

    3800 Gill Street, Hobart, IN 46342

    $94,900
    1.52 AC lot

    1.52 acres of land in Hobart, Indiana for sale.

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    Updated Freestanding Retail Building
    Updated Freestanding Retail Building

    3232 Michigan St, New Chicago, IN 46342

    $140,000
    1,290 sqft

    Compact retail building with parking, newer mechanical systems, a newer roof, and interior improvements.

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    Professional Office Building with Parking
    Professional Office Building with Parking

    409-15 North Wisconsin Street, Hobart, IN 46342

    $499,000
    4,764 sqft

    Professional office building directly in front of the Hobart YMCA, offering multiple units with signage and ample parking.

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    Street Retail Building with Parking
    Street Retail Building with Parking

    1500 West 37th Avenue, Hobart, IN 46342

    $495,000
    2,400 sqft

    Retail building with a drive-in door, adjacent gravel lot option, and 18 paved parking spaces.

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    Entertainment Venue in Downtown Hobart
    Entertainment Venue in Downtown Hobart

    230 Main St, Hobart, IN 46342

    $1,600,000
    10,000 sqft

    Income-producing entertainment venue with multiple revenue streams in downtown Hobart.

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    Breakfast Diner with Kitchen Equipment
    Breakfast Diner with Kitchen Equipment

    3530 Michigan St, Hobart, IN 46342

    $199,900
    1,144 sqft

    All-brick restaurant building with two dining rooms, two bathrooms, on-site parking, and an extensive commercial kitchen package.

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    7-Unit Downtown Mixed-Use Property
    7-Unit Downtown Mixed-Use Property

    220 Main St, Hobart, IN 46342

    $800,000
    10,332 sqft

    Renovated building combines four apartments with three retail storefronts.

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    Dental Office Built-Out
    Dental Office Built-Out

    409 N Wisconsin St, Hobart, IN 46342

    Contact for pricing
    4,764 sqft

    Office building with 2,400 SF built out as a dental office, with ample parking and prominent signage on N Wisconsin Ave.

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    PUD Development Land Across Hospital
    PUD Development Land Across Hospital

    100 E 61st Avenue, Hobart, IN 46342

    $1,200,000
    11.24 AC lot

    Vacant 11.24-acre PUD-zoned parcel across from St. Mary Medical Center with access to I-65 and US-30.

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    Specialty Property
    Specialty Property

    3709 West 37th Avenue, Hobart, IN 46342

    $550,000

    Existing commercial improvements date to 1930, offering an established physical asset for specialty use consideration.

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    Commercial Outlot Parcel Land
    Commercial Outlot Parcel Land

    1403-1413 Lake Park Ave, Hobart, IN 46342

    Contact for pricing
    76,307 sqft 0.57 AC lot

    Three separate retail outlots offer ample parking and strong exposure near St. Mary’s Medical Center.

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    Downtown Retail Building with Visibility
    Downtown Retail Building with Visibility

    232 Main St, Hobart, IN 46342

    $99,900
    736 sqft

    For sale retail property near I-65 with visibility on Main St in Hobart, Indiana.

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    Large Development Land Parcel
    Large Development Land Parcel

    6363 Grand Boulevard, Hobart, IN 46342

    $2,500,000
    6,969,600 sqft 160.00 AC lot

    Expansive parcel includes National Wetlands in the southern portion, offering scale for development planning and site design.

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    Well-Maintained Office Building
    Well-Maintained Office Building

    904 W Old Ridge Rd, Hobart, IN 46342

    Contact for pricing
    7,110 sqft

    Extremely well-maintained office building with ample parking and pylon signage along W Old Ridge Rd.

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    Commercial Outlots in Hobart
    Commercial Outlots in Hobart

    140 Lake Park Ave, Hobart, IN

    Contact for pricing
    1.41 AC lot

    Three separate commercial outlots available for sale or lease.

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    Based on your search, we've compiled Potential Opportunities for your consideration. Besides 21 Active Listings in Hobart, IN, we suggest to view alternatives - similar 51 Off-Market properties to explore as potential leads.

    Off-Market Properties in Hobart, IN

    Consider similar Off-Market properties in Hobart, IN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    1900 37th Ave
    COMMERCIAL (GENERAL)

    1900 37th Ave, Hobart, IN 46342

    Estimated value:
    $255,000
    1,584 sqft 0.23 AC lot
    View details
    301 Ctr St
    COMMERCIAL (GENERAL)

    301 Ctr St, Hobart, IN 46342-4429

    Estimated value:
    $125,000
    9,416 sqft 0.10 AC lot
    View details
    701 Lk St
    COMMERCIAL (GENERAL)

    701 Lk St, Hobart, IN 46342

    Estimated value:
    $245,000
    0.07 AC lot
    View details

    Hobart, IN Commercial Real Estate Market Trends and Statistics

    Explore 72 commercial real estate for sale in Hobart, IN, showcased through 21 active listings on our real estate platform. These investment opportunities span a total of 7,126,953 square feet of properties for sale, with an estimated market value of $11,773,399.

    Sale prices for business properties in Hobart, IN start at $94,900, averaging $692,552, and reaching up to $2,500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 33K
    Population Growth (5Y) +6.2%
    Median Household Income $72,163
    College Educated 27.1%

    High-Yield Neighborhoods for Investment

    Identify Hobart submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    46342 $843.6K

    Taxes & Financing

    Tax Rate (average for all types) 3.17%
    Property Tax per SF $56.09 per SF
    Tax Rate vs County Average 0.10 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Lake County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Lake County

    Office

    Property Size Breakdown

    The majority of commercial real estate listings in Hobart fall within the 10,000 to 25,000 square foot range.

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