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Self-Storage Facility with Industrial Building
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401 S Shelby Street, Hobart, IN 46342

Combined storage and industrial improvements support multiple commercial functions on M-1 Light Manufacturing District zoned land.

Property Size23,500 SF
Lot Size1.91 Acres
Days on Market145

Property Features for 401 S Shelby Street

General Information

Standard status Active
Size 23,500 SF
Lot size 1.91 Acres
Property subtype Self Storage
Zoning M-1

Warehouse & Industrial

Office Build-Out 400 SF
Self-Storage Units 100

Building Details

Buildings 4
Listing Agency: Latitude Commercial
Listed By: Myles Rapchak · License #IN RB14052315
Source: Crexi
Added: Apr 10 Changed: Aug 31 Last Checked: Aug 29 at 7:21PM

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 Latitude Commercial

Investment Insights

Based on property information with market context.

This self-storage property combines two prefabricated metal-frame mini-warehouse buildings with a separate industrial building and covered open garage. The storage component contains 15,000 net rentable square feet across 100 units ranging from 50 to 300 square feet, with reported occupancy of 87%. The 5,280-square-foot industrial building includes 400 square feet of office area and three overhead doors. A separate 3,220-square-foot open garage provides a roof and three walls.

The property occupies 83,200 square feet, or 1.91 acres, at 401 S. Shelby Street in Hobart, Indiana. The land carries M-1; Light Manufacturing District zoning, supporting the property's combined storage and industrial configuration.

Key Highlights

  • 15,000 net rentable square feet of self‑storage space
  • 100 storage units ranging from 50‑300 SF; current occupancy is 87%
  • 5,280 square foot industrial building with 400 SF of office space

Property Analytics

Current Use

Austgen U-Locks Storage Facility Indiana Upfitters Car Dealership

Suggested Use

Top Pick Real Estate Agency Dental Office Restaurant Building Supply Hair Salon Nail Salon

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

104
Businesses Nearby

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 Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
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Frequently Asked Questions

What type of property is this?
Self storage facility - Combined storage and industrial improvements support multiple commercial functions on M-1 Light Manufacturing District zoned land.
Where is this self storage facility located?
The property is located at 401 S Shelby Street Hobart, IN.
What are key features of this property?
This property features: 15,000 net rentable square feet of self‑storage space; 100 storage units ranging from 50‑300 SF; current occupancy is 87%; 5,280 square foot industrial building with 400 SF of office space
(219) 864-0200 Call to check price and availability
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