114 Lake Park Ave Hobart, IN 46342

This exceptional 1.56-acre mixed-use property at 114 N Lake Park Avenue in Hobart, Indiana, presents a remarkable investment opportunity. The property boasts a 3-bedroom, 1.75-bathroom home, ideally suited for conversion or expansion to meet diverse commercial needs. The existing structure includes a second kitchen, offering flexibility for various uses such as in-law quarters, student housing, or a separate commercial space. The R2 zoning allows for a range of commercial and residential applications, providing significant versatility for the future owner. Located conveniently close to the town center, this property benefits from excellent accessibility and visibility. The substantial lot size offers ample space for expansion, redevelopment, or the addition of further structures. The property's current configuration provides a solid foundation for a variety of commercial ventures, while the residential component offers immediate income potential or comfortable living space. This unique offering presents a rare chance to acquire a large, versatile property in a desirable location with significant upside potential. The property is priced at $289,900. Serious inquiries are encouraged.