7-Unit Downtown Mixed-Use
For Sale
$850,000
220 Main St, Hobart, IN 46342
Renovated building combines four apartments with three retail storefronts.
Property Size10,332 SF
Price / SF$82.27
Days on Market101
Property Features for 220 Main St
General Information
Standard status
Active
Size
10,332 SF
Property subtype
Commercial
Units
Unit Mix
4 x 2BR
Multifamily Units
4
Building Details
Year Built
1922
Tenancy
Multi
Listing Agency:
Ellsbury Group
(219) 200-5133
Listed By:
Andrew Page
Source:
Nwindianahomesearcher
Added: May 22
Changed: Aug 29
Last Checked: Aug 29 at 10:48PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Ellsbury Group
Investment Insights
Based on property information with market context.
Built in 1922 and recently renovated, this 10,332-square-foot mixed-use property contains seven units: four two-bedroom apartments and three retail storefronts of approximately 1,200 square feet each. The configuration brings residential and commercial space together within one downtown building, with the storefronts positioned along Main Street and the property overlooking Lake George.
Located at 220 Main St in Hobart, the property is within walking distance of restaurants, shopping, entertainment, parks, and year-round community events. The surrounding Main Street business district provides a downtown setting, while proximity to major transportation routes and regional employers adds broader access to the property.
Located at 220 Main St in Hobart, the property is within walking distance of restaurants, shopping, entertainment, parks, and year-round community events. The surrounding Main Street business district provides a downtown setting, while proximity to major transportation routes and regional employers adds broader access to the property.
Key Highlights
- Seven‑unit mixed‑use property with four two‑bedroom apartments and three retail storefronts
- 10,332‑square‑foot property built in 1922
- Three retail storefronts of approximately 1,200 square feet each
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
430
Businesses Nearby
Explore this area
Business Placement
Demographics for 46342, IN
32,540
Population
13,774
Households
2.4
Avg Household Size
40
Median Age
21%
College-Educated
93%
High-School Grad
35.0 sq mi
ZIP Area
930
Density / Sq Mi
$72,163
Median Household Income
$41,574
Median Earnings
$1,110
Median Rent
$193,400
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Renovated building combines four apartments with three retail storefronts.
Where is this mixed-use property located?
The property is located at 220 Main St Hobart, IN.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Seven‑unit mixed‑use property with four two‑bedroom apartments and three retail storefronts; 10,332‑square‑foot property built in 1922; Three retail storefronts of approximately 1,200 square feet each
