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13-Unit Mixed-Use Property
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602-610 E THIRD ST, Hobart, IN 46342

Three connected buildings combine apartments and storefronts, with one retail suite available for occupancy.

Property SizeContact for details
Days on Market9

Property Features for 602-610 E THIRD ST

General Information

Standard status Active
Property subtype Retail, Multifamily, Mixed Use

Site & Location

Highway Access Yes
Public Transit Yes

Additional Details

Multifamily Units 6

Building Details

Buildings 3
Tenancy Multi
Listing Agency: Realty Executives Premier
Listed By: Laura Kogut · License #IN RB220002374
Source: Crexi
Added: Sep 19 Changed: Sep 24 Last Checked: Sep 26 at 5:12AM

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 Realty Executives Premier

Investment Insights

Based on property information with market context.

Three connected buildings bring together 13 units: six apartments and seven storefronts. The apartments include one- and two-bedroom layouts, and one retail suite is available. Businesses in the collection include Farmhouse Coffee Co., The Mane Room, Traditions Barbershop, and the M&M and Ross Music Theatre.

The property extends along Center St and E. 3rd Ave. Lake George shops, restaurants, and waterfront green space are a few blocks away. Regional highway access and commuter rail provide connections toward Chicago, and the property is described as minutes from the Illinois border.

Key Highlights

  • 13 units across three connected buildings
  • Six apartments with one- and two‑bedroom layouts
  • Seven storefronts, including one available retail suite

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Dental Office Hair Salon Spa & Massage Center Gym & Fitness Center Pharmacy

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

Lease Details

6
Residential units
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

434
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 Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Three connected buildings combine apartments and storefronts, with one retail suite available for occupancy.
Where is this mixed-use property located?
The property is located at 602-610 E THIRD ST Hobart, IN.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 13 units across three connected buildings; Six apartments with one- and two‑bedroom layouts; Seven storefronts, including one available retail suite
More about this property
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