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3600 Lake Park Ave Hobart, IN 46342

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For Sale
$999,990

24-Acre Airport, Mixed-Use Potential

Property Features for 3600 Lake Park Ave

General Information

Property type
Mixed-use properties
Lot Size
1,050,667 SF

Building Details

Year Built
1992

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Listing Contact
nira

Listing Agency: Re/max Executives Listing Agent: nira

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

This exceptional 24.12-acre mixed-use property in Hobart, Indiana, presents a unique investment opportunity. The centerpiece is a fully operational private airport featuring a 3,125-foot runway and multiple large hangars, totaling over 14,500 square feet of hangar space. One hangar boasts 88x60 dimensions, 14-foot ceilings, insulated walls and ceilings, a concrete floor, and a 50'W x 13'6"H electric hangar door. Additional hangar space includes a 50'W x 11'H bi-fold aviation door. Beyond aviation, the property offers significant income potential. Existing infrastructure includes numerous cold storage units for RVs, boats, and campers, along with 35 indoor and 10 outdoor U-Lock storage units. Expansive paved and landscaped areas provide further opportunities for outdoor storage. Office and conference room space is available, along with a 1,680 sq ft, three-bedroom, 2.5-bathroom manufactured home suitable for residential use or as headquarters. The property benefits from L-1 and B-2/3 zoning, allowing for diverse business ventures. Its strategic location near major interstate corridors (I-65, 80, 90, 94) and proximity to Gary/Chicago International Airport, Midway, and O'Hare provides excellent accessibility. The property is currently tax-exempt.
Property Profile Location Intelligence

Current Use by Public Records

Flying Sky Ranch ... Storage Facility AUTO GLASS FITTERS Auto Repair Shop Hobart Sky Ranch ... Airport

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

Location Insight

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  • Local Demand
City
Hobart
County
Lake
State
Indiana
Longitude
-87.26249
Latitude
41.55294

FAQs

What type of property is this?
Mixed-use property - 24-Acre Airport, Mixed-Use Potential
Where is this mixed-use property located?
The property is located at 3600 Lake Park Ave Hobart, IN.
What is the asking price?
The asking price for this property is $999,990.
More about this property
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