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    347 Main St Hobart, IN 46342

    For Lease
    $1,500 /Mo ($18 SF/Yr)

    Retail - Hobart, IN

    Type:Retail
    Property size:
    960 SF
    Lot size:
    0.11 Acres
    Days on Market:
    66
    Last Refresh:
    Dec 5 at 10:06 am

    Property Features for 347 Main St

    General Information

    Property type
    Commercial Lease
    Property subtype
    Retail
    Standard status
    Active
    APN
    450932176010000018
    Parking features
    On Street
    Exterior features
    Lighting
    Size
    960 SF
    Lot size
    0.11 Acres

    Building Details

    Year built
    1912
    Architectural style
    Other

    McColly Real Estate (219) 864-7200 [email protected]

    Listing agent Adriana Gomez (219) 462-2411 License #RB25000377

    Listing date Oct 1, 2025

    MLS# 827751 Listing URL

    Copyright © 2025 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.

    Overview

    Downtown Hobart Retail/Office Space

    Located at the signalized corner of Main St and 4th St in downtown Hobart, this ground-floor storefront offers approximately 960 square feet of space. The property benefits from corner exposure and pedestrian activity, with public parking and access to public transit nearby. The space features an open-plan layout, suitable for retail, salon, office, or cafe/restaurant, subject to zoning and approvals. Convenient access is available from Ridge Rd/US-6 and SR-51/Main St. The property is situated in a downtown setting near shops, dining, and civic amenities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Hobart
    County
    Lake
    State
    Indiana
    Longitude
    -87.254034
    Latitude
    41.531315

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    FAQs

    What type of property is this?
    Retail space - Corner retail/office space in downtown Hobart with high visibility.
    Where is this retail space located?
    The property is located at 347 Main St Hobart, IN.
    What is the lease rate?
    The lease rate is $18 SF/Yr.
    What are key features of this property?
    This property features: - High-visibility corner location at the signalized intersection of Main St and 4th St.; - +/-960 SF ground-floor space suitable for retail, salon, office, or cafe/restaurant.; - Located in downtown Hobart near shops, dining, and civic amenities.
    (219) 462-2411
    Request Owner's contact information
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    Hobart, IN 46342
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    347 Main St Hobart, IN 46342
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