500-Seat Theater with
New
For Sale
$1,600,000
230 Main Street, Hobart, IN 46342
Commercial Sale, Hobart, IN
Property Size10,000 SF
Lot Size0.20 Acres
Price / SF$160
Days on Market2
Property Features for 230 Main Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Business
Parking features
On Street
Interior features
Entrance Foyer, Open Floorplan, High Ceilings
Subdivision
Art Theatre Sub
View
City
Directions
From 80/94 to Ripley St Exit (15A) Continue on 51 South toward Hobart. Take the roundabout to Cleveland Ave West. Continue to Main Street. Turn Left and Business will be on your Right.
Standard status
Active
APN
450932152026000018
Size
10,000 SF
Lot size
0.20 Acres
Tenancy & Operations
Currently Operating
Yes
Business Included
Yes
Taxes and HOA fees
Tax Year
2024
Tax Description
ART THEATRE SUB. LOT 1
Tax Annual Amount
10169
Legal Description
ART THEATRE SUB. LOT 1
Utilities
Sewer type
Public Sewer
Heating system
Forced Air
Water source
Public
Water front features
Lake Front
Water front
1
Amenities
professional stage
lighting system
full kitchen
art deco decor
Building Details
Year built
1934
Listing Agency:
Ginter Realty
(219) 942-1141
Listed By:
Carrie Adelman · License #RB14038267
(219) 973-1842
Added: Nov 5
Changed: Nov 6
Last Checked: Nov 6 at 12:06PM
MLS# 847895
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.
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Investment Insights
Based on property information with market context.
Built in 1934, this 10,000-square-foot theater includes seating for 500, a professional stage and lighting system, and Art Deco interior details. A 40-seat pub and full kitchen with appliances are also part of the property. The roof was replaced with rubber roofing in 2024.
The 0.202-acre property is at 230 Main Street in Hobart, with Lake George directly behind it and access to I-65. Public water and sewer serve the building; parking is on street.
The 0.202-acre property is at 230 Main Street in Hobart, with Lake George directly behind it and access to I-65. Public water and sewer serve the building; parking is on street.
Key Highlights
- 500‑seat theater with professional stage and lighting system
- 10,000 square feet on a 0.202‑acre parcel
- 40‑seat pub and full kitchen with appliances
Property Analytics
Who owns this building?
See the owner, sales and loan history
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Current Use
Lease Details
Turnkey business
Opportunity
Yes
Highway access
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
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Frequently Asked Questions
What type of property is this?
Theater & concert hall - A performance venue with a stage, lighting system, full kitchen, and adjoining pub.
Where is this theater & concert hall located?
The property is located at 230 Main Street 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: 500‑seat theater with professional stage and lighting system; 10,000 square feet on a 0.202‑acre parcel; 40‑seat pub and full kitchen with appliances
