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    Hobart, IN
    Conventional Restaurant

    Hobart, IN Conventional Restaurants for Sale

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    Lake Station, IN Portage, IN Wheeler, IN
    Former Restaurant with High Visibility
    Updated: May 9, 2022
    Former Restaurant with High Visibility

    3700 Montgomery St, Hobart, IN 46342

    $599,900
    4,753 sqft
    Excellent street visibility
    High traffic counts
    Large parking lot
    Liquor license available
    Former Restaurant
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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Hobart, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Dyer Commercial Building For Sale
    Dyer Commercial Building For Sale

    1209 Sheffield Avenue, Dyer, IN 46311

    $699,900
    3,970 sqft · 0.68 AC lot

    Turnkey restaurant/bar on 0.68 acres with high traffic volume.

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    Turnkey Brewery and Restaurant Space
    Turnkey Brewery and Restaurant Space

    1409 119th St, Whiting, IN

    $550,000
    5,920 sqft · 0.14 AC lot

    Two-story building with brewery, restaurant, and redevelopment potential.

    View details
    Dyer Commercial Building on Sheffield
    Dyer Commercial Building on Sheffield

    1209 Sheffield Avenue, Dyer, IN 46311

    $744,900
    3,970 sqft · 0.68 AC lot

    Versatile commercial building suitable for various business uses.

    View details
    Established Restaurant with Party Room
    Established Restaurant with Party Room

    1326 119th St, Whiting, IN 46394

    $1,099,999
    23,390 sqft

    Spacious restaurant with party room, bar, and office space.

    View details

    Hobart, IN Conventional Restaurants Market Trends and Statistics

    Explore 1 conventional restaurants for sale in Hobart, IN on our real estate platform. These investment opportunities span a total of 4,753 square feet of properties for sale, with an estimated market value of $599,900.

    Sale prices for conventional restaurants in Hobart, IN start at $599,900, averaging $599,900, and reaching up to $599,900 — 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Conventional restaurants 1
    Drive through restaurants 1

    Demographics Overview

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

    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

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