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    Hobart, IN

    Hobart, IN Commercial Real Estate for Sale

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    Building with Four Private Offices
    Updated: Jul 2
    Building with Four Private Offices

    341 Main Street, Hobart, IN 46342

    $255,000
    1,480 sqft 0.06 AC lot
    Commercial building at 341 Main St in Hobart with central Main Street visibility
    Four private office spaces for flexible use or immediate leasing potential
    New roof installed in 2021
    Central natural gas heating
    Public water and public sewer
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    This listing looks promising.

    Here's a quick look at some key insights for

    341 Main Street, Hobart, IN 46342

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    • Est. Cap Rate

      7.4%
      Above avg (5.9%)

    • Est. NOI

      $19K
      Annual

    • Price @ 7% Cap

      $268K
      Above asking

    • Last Sold

      Apr 2021
      $97K

    • Property Type

      Commercial Office (General)
      Built 1950
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    Versatile Property with Two Buildings
    Updated: May 28
    Versatile Property with Two Buildings

    939 S Wisconsin Street, Hobart, IN 46342

    $1,299,900
    17,500 sqft 2.31 AC lot
    2.3‑acre property with two large buildings plus an oversized garage with loft
    Main building built in 1963 with nearly 10,000 finished SF including sanctuary, offices, full kitchen, and conference rooms
    Second building offers nearly 7,000 SF with classrooms, full kitchen, his‑and‑hers bathrooms, gymnasium, and loft area with bath and bar
    Current uses include religious space in the main building and a daycare in the second building
    Utilities include public water and public sewer; heating includes forced air with natural gas and baseboard
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    Hobart Corner Development Opportunity
    Hobart Corner Development Opportunity

    3700 Montgomery, Hobart, IN 46342

    $499,999
    1.00 AC lot

    High-visibility 1.0 acre corner lot in Hobart, Indiana.

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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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    Downtown Hobart Commercial Opportunity
    Downtown Hobart Commercial Opportunity

    232 Main Street, Hobart, IN 46342

    $99,900
    736 sqft 0.02 AC lot

    Prime downtown location with visibility and charm.

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    Hobart Land Package For Sale
    Hobart Land Package For Sale

    3800 Gill Street, Hobart, IN 46342

    $99,900
    1.52 AC lot

    1.52 acres of land in Hobart, Indiana for sale.

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    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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    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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    Prime Main Street Land Opportunity
    Prime Main Street Land Opportunity

    235 Main Street, Hobart, IN 46342

    $895,000
    8,581 sqft 0.20 AC lot

    Vacant lot on Main Street with development potential.

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    Arby's Restaurant in Hobart, Indiana
    Arby's Restaurant in Hobart, Indiana

    4651 W 61st Ave, Hobart, IN 46342

    $2,373,000
    2,440 sqft

    Absolute net Arby's restaurant for sale near Chicago.

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    Light Industrial Flex Building
    Light Industrial Flex Building

    677 State Road 130, Hobart, IN 46342

    $1,199,000
    11,760 sqft

    Well-maintained 11,760 SF light industrial facility with office space, warehouse, three 10-foot overhead doors, and radiant heat.

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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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    Retail Building with Drive-Through
    Retail Building with Drive-Through

    33 Main St, Hobart, IN 46342

    Contact for pricing
    3,400 sqft 0.25 AC lot

    Retail building with drive-through available, currently operating as a laundromat in Downtown Hobart on a triangular lot.

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    Retail Property in Hobart, Indiana
    Retail Property in Hobart, Indiana

    11 N Hobart Road, Hobart, IN 46342

    $475,000
    2,648 sqft

    Retail property with 46,609 sqft space in Hobart, Indiana.

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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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    Turn-Key Restaurant Bistro
    Turn-Key Restaurant Bistro

    54 Main St, Hobart, IN 46342

    Contact for pricing

    Fully furnished bistro with scenic outdoor dining and river-front views, plus upstairs living space.

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    Zoned Agricultural Land Parcel
    Zoned Agricultural Land Parcel

    1085 S Lake Park Avenue, Hobart, IN 46342

    Contact for pricing
    7.88 AC lot

    Working farm parcel with about 160 feet of frontage and AG zoning for flexible development planning.

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    Medical Office or Multifamily Land
    Medical Office or Multifamily Land

    1280 S Wisconsin Street, Hobart, IN 46342

    Contact for pricing
    2.23 AC lot

    Clear, level 2.23-acre parcel with 338 feet of frontage on South Wisconsin Street in Hobart.

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    Entertainment Venue in Downtown Hobart
    Entertainment Venue in Downtown Hobart

    230 Main Street, Hobart, IN 46342

    Contact for pricing

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

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    Industrial Land with M1 Zoning
    Industrial Land with M1 Zoning

    2027 W 37th Ave, Hobart, IN 46342

    Contact for pricing
    2.35 AC lot

    Two adjoining industrial land parcels total 2.35 acres with M1 (manufacturing) zoning and combined 182' frontage.

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    Warehouse with Office and Pole Barn
    Warehouse with Office and Pole Barn

    4728 W 61st Ave, Hobart, IN 46342

    Contact for pricing

    Includes a partially heated pole barn, a 3,300 SF office building, and 165’ frontage on 61st Ave.

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    Large Development Land Parcel
    Large Development Land Parcel

    6363 Grand Boulevard, Hobart, IN 46342

    Contact for pricing
    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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    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 24 Active Listings in Hobart, IN, we suggest to view alternatives - similar 48 Off-Market properties to explore as potential leads.

    Hobart, IN Commercial Real Estate Market Trends and Statistics

    Explore 72 commercial real estate for sale in Hobart, IN, showcased through 24 active listings on our real estate platform. These investment opportunities span a total of 78,709 square feet of properties for sale, with an estimated market value of $10,790,499.

    Sale prices for business properties in Hobart, IN start at $99,900, averaging $770,749, and reaching up to $2,373,000 — 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 $871.8K

    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

    Retail

    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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