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Hobart Corner Development Opportunity

3700 Montgomery Hobart, IN 46342

Picture of Commercial land at 3700 Montgomery, Hobart, IN

For Sale

$499,999

LAND - Hobart, IN

Lot size:

1.00 Acre

For Sale

$499,999

LAND - Hobart, IN

Lot size:

1.00 Acre

Added:: Apr 1, 2026
Days on Market:: 103
Last Refresh:: Jul 12 at 11:06 pm

Property Features for 3700 Montgomery

General Information

Property type: Land
Property subtype: Other
Standard status: Active
APN: 450826204006000018
Lot size: 1.00 Acre

Taxes and HOA fees

Tax Year: 2024
Tax Description: RIDGEWOOD ADD BL.1 LOTS 10,11 & 12 RIDGEWOOD ADD BL.1 LOTS 4 TO 8 ,N.20FT OF LOT 9 & VAC. ALLEY
Tax Annual Amount: 2080

Utilities

Utilities: Cable Available
Sewer type: Public Sewer
Water source: Public

Listing agent Michael Becze License #RB22000047

Listing office McColly Real Estate 850 Deer Creek Dr, Schererville, IN

Listing date Apr 1, 2026

MLS# 836593 Listing URL

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.

Investment Insights

Based on property information with market context.

This 1.0-acre corner lot in Hobart, Indiana, presents a high-visibility development opportunity. The site is strategically positioned at the intersection of Montgomery Street and 37th Avenue, offering approximately 86 feet of frontage on Montgomery Street and 127 feet of frontage on 37th Avenue. The property is currently zoned Business (B-3) and is suitable for various commercial uses, including retail, restaurant, or office spaces. The location benefits from excellent street visibility and high traffic counts, making it a desirable location for new construction. Note that the two south lots are zoned R2, requiring a variance for B-3 usage.

Key Highlights

High‑visibility corner location at the intersection of Montgomery St and 37th Ave.
Zoned Business (B‑3), suitable for retail, restaurant, or office.
1. 0 acre development opportunity.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Commercial land

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For sale
Commercial land
IN
Hobart
46342
3700 Montgomery

What type of property is this?

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

Where is this commercial land located?

The property is located at 3700 Montgomery Hobart, IN.

What is the asking price?

The asking price for this property is $499,999.

What are key features of this property?

This property features: High‑visibility corner location at the intersection of Montgomery St and 37th Ave.; Zoned Business (B‑3), suitable for retail, restaurant, or office.; 1. 0 acre development opportunity.

3700 Montgomery Hobart, IN 46342

LAND - Hobart, IN

Property Features for 3700 Montgomery

General Information

Taxes and HOA fees

Utilities

Investment Insights

Key Highlights

Property Analytics

Current Use by Public Records

Suggested Use

Similar For Sale Nearby

Versatile Property with Two Buildings

Building with Four Private Offices

Religious Facility and Daycare Complex

Prime Main Street Land Opportunity

New Dollar General NNN Lease

Downtown Hobart Commercial Opportunity

Arby's Restaurant in Hobart, Indiana

Hobart Land Package For Sale

Hobart Land for Residential Development

Expansive Land Parcel in Hobart

Retail Property in Hobart, Indiana

Retail Space in Hobart Center

FAQs