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Former Restaurant with High Visibility
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3700 Montgomery St, Hobart, IN 46342

Former restaurant with large parking lot and available liquor license.

Property Size4,753 SF
Price / SF$126.22
Days on Market1567

Property Features for 3700 Montgomery St

General Information

Standard status Active
Size 4,753 SF
Property subtype Retail
Zoning B3
Listing Agency: Ascend Real Estate Advisors
Listed By: Vladimir Ganz · License #INNN
Source: Crexi
Added: May 9, 2022 Changed: Aug 8 Last Checked: Aug 8 at 4:08AM

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 Ascend Real Estate Advisors

Investment Insights

Based on property information with market context.

This is a former restaurant property offering excellent street visibility and high traffic counts. The property includes a large parking lot. A liquor license is available. The building has a size of 4,753 square feet.

Key Highlights

  • Excellent street visibility
  • High traffic counts
  • Large parking lot

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Dental Office Restaurant Law Firm Spa & Massage Center Pharmacy HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

135
Businesses Nearby
10k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Marathon Shops & Services
8,064 visits/mo 0.3 miles
Public Storage Shops & Services
1,360 visits/mo 0.4 miles
Hobart Discount Motors Shops & Services
904 visits/mo 0.3 miles

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 Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Former restaurant with large parking lot and available liquor license.
Where is this conventional restaurant located?
The property is located at 3700 Montgomery St Hobart, IN.
What is the asking price?
The asking price for this property is $599,900.
What are key features of this property?
This property features: Excellent street visibility; High traffic counts; Large parking lot
More about this property
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