Freestanding Retail Building with
For Sale
Contact for pricing
701 W Ridge Road, Hobart, IN 46342
Corner-positioned commercial building opposite Walgreens with recent exterior renovations.
Property Size2,935 SF
Days on Market144
Property Features for 701 W Ridge Road
General Information
Standard status
Active
Size
2,935 SF
Property subtype
Retail
Site & Location
Corner Location
Yes
Drive-Thru
Yes
Building Details
Buildings
1
Listing Agency:
Latitude Commercial
(219) 864-0200
Listed By:
Brett McDermott, CCIM · License #IN RB14050416
Source:
Crexi
Added: Apr 12
Changed: Aug 31
Last Checked: Aug 30 at 7:59AM
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 freestanding retail building offers 2,935 square feet on roughly half an acre, with an existing drive-through configuration. The property was previously used as a bank and is available for sale or lease.
Recent exterior work includes new windows, tuck pointing, caulking, and additional improvements. The building occupies a corner position directly across from Walgreens in Hobart, Indiana, placing it within an established retail setting.
Recent exterior work includes new windows, tuck pointing, caulking, and additional improvements. The building occupies a corner position directly across from Walgreens in Hobart, Indiana, placing it within an established retail setting.
Key Highlights
- 2,935 SF freestanding retail building
- Roughly half an acre of land
- Existing drive‑through configuration
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
183
Businesses Nearby
41k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 67%
Dining 33%
Speedway
Shops & Services
12,334 visits/mo
0.5 miles
Dunkin' Donuts
Dining
10,050 visits/mo
0.4 miles
Dollar General
Shops & Services
6,718 visits/mo
0.5 miles
AutoZone
Shops & Services
5,122 visits/mo
0.5 miles
El Ranchero
Dining
3,543 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
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Similar Off Market Nearby
- Bryan's Florist — 1331 W 37th Ave, Hobart, IN 46342
Frequently Asked Questions
What type of property is this?
Storefront property - Corner-positioned commercial building opposite Walgreens with recent exterior renovations.
Where is this storefront property located?
The property is located at 701 W Ridge Road Hobart, IN.
What are key features of this property?
This property features: 2,935 SF freestanding retail building; Roughly half an acre of land; Existing drive‑through configuration
