Entertainment Venue in Downtown
For Sale
$1,600,000
230 Main St, Hobart, IN 46342
Income-producing entertainment venue with multiple revenue streams in downtown Hobart.
Property Size10,000 SF
Price / SF$160
Days on Market157
Property Features for 230 Main St
General Information
Standard status
Active
Size
10,000 SF
Taxes and HOA fees
Annual Taxes
$10,169
Listing Agency:
Berkshire Hathaway HomeService
(773) 681-1364
Listed By:
David Spillane
(773) 681-1364
Source:
Exprealty
Added: Mar 20
Changed: Aug 23
Last Checked: Aug 21 at 10:37PM
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 Berkshire Hathaway HomeService
Investment Insights
Based on property information with market context.
This income-producing entertainment venue is located in the heart of downtown Hobart's Main Street corridor. Known as The Art Theatre, the property operates as a fully programmed live event and performance space, generating revenue through ticketed concerts, bar sales, private event rentals, and venue partnerships. The open auditorium features a stage, professional sound and lighting infrastructure, and a capacity for approximately 400 guests, allowing for high-volume event turnover. The established brand has a regional draw and consistent programming, providing a foundation for continued growth. Upside potential exists through expanded booking schedules, premium events, sponsorships, and enhanced food and beverage operations. The property is positioned within a walkable, revitalizing downtown area with strong local support and increasing destination traffic. This is a turnkey opportunity for an investor or operator seeking a scalable experiential asset in a supply-constrained entertainment category.
Key Highlights
- Income‑producing entertainment venue with multiple revenue streams.
- Open auditorium with stage, professional sound and lighting, and capacity for approximately 400 guests.
- Established brand with regional draw and consistent programming.
Property Analytics
Property Profile
Current Use
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Theater & concert hall - Income-producing entertainment venue with multiple revenue streams in downtown Hobart.
Where is this theater & concert hall located?
The property is located at 230 Main St Hobart, IN.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: Income‑producing entertainment venue with multiple revenue streams.; Open auditorium with stage, professional sound and lighting, and capacity for approximately 400 guests.; Established brand with regional draw and consistent programming.
