341 Main Street, Hobart, IN 46342
SINGLE_FAMILY - Hobart, IN
- Added:
- Jul 2, 2026
- Days on Market:
- 4
- Last Refresh:
- Jul 5 at 8:06 am
Property Features for 341 Main Street
General Information
- Property type
- Residential
- Property subtype
- Retail
- Parking
- 2
- Parking features
- Alley
- Interior features
- High Ceilings
- Standard status
- Active
- APN
- 450932176009000018
- Size
- 1,480 SF
- Lot size
- 0.06 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- ORIGINAL TOWN OF HOBART S.19.78FT OF LOT 16
- Tax Annual Amount
- 3407
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central, Natural Gas
- Water source
- Public
Building Details
- Year built
- 1950
Listing agent Daisylou Castillo (219) 307-5741
Listing office Better Homes and Gardens Real 725 E. Lincolnway Highway, St. John, IN (219) 365-8000
Listing date Jul 2, 2026
Copyright © 2026 Greater Northwest Indiana Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- 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
- Parking available via alley access
Overview
The property is positioned in a central Main Street location in Hobart. It offers visibility to passing traffic associated with a downtown corridor and provides an accessible option for office users looking to be located within the town center.
With four separate private offices already in place, this building can accommodate a range of professional service needs, including small office operations that benefit from individual rooms. It may also appeal to investors or business owners interested in flexible space planning across multiple offices. The 2021 roof replacement is a practical improvement that can help reduce near-term maintenance concerns while you evaluate occupancy or leasing plans.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $32.0k | $21.60 |
| − Vacancy | −$6.9k | −$4.69 |
| EGI | $25.0k | $16.91 |
| − OpEx | −$6.3k | −$4.23 |
| NOI | $18.8k | $12.68 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Kellen's Florist Inc — 342 Main St, Hobart, IN 46342
Location Insight
- Map
- Local Demand
- City
- Hobart
- County
- Lake
- State
- Indiana
- Longitude
- -87.233871
- Latitude
- 41.521154
