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904 Old Ridge Rd Hobart, IN 46342

For Sale
$425,000

Prime Hobart Office, High Visibility

Property size:
7,110 SF

Description

Added:
Dec 11, 2024
Days on Market:
368
This single-story, 7,110 square foot Class B office building in Hobart, Indiana presents a compelling value-add or owner-user opportunity. Located at 904 W Old Ridge Rd, this property boasts excellent visibility directly across from Strack & Van Til, offering significant foot traffic and brand recognition. The building, constructed in 1964, features two tenants currently occupying 36% of the space, with suites ranging from 620 to 2,950 square feet, providing flexibility for various business needs. A recently installed roof ensures long-term maintenance savings. The property sits on a 0.47-acre lot (APN: 45-09-30-332-024.000-018) and benefits from ample parking and prominent pylon signage on W Old Ridge Rd. Its convenient location, just two miles from I-65, provides easy access to major transportation routes. The building is zoned OS-1 and offers a strong potential for increased occupancy and rental income. The asking price is $425,000, translating to $59.77 per square foot. This presents a rare opportunity to acquire a well-maintained commercial property in a thriving location within the Chicagoland Metropolitan Area. The property's location at the corner of W Old Ridge Road and N California St provides exceptional exposure. This is an ideal investment for those seeking a strong return on investment in a high-traffic area.

Property Features for 904 Old Ridge Rd

General Information

Property type
Office Properties & Spaces
Square Feet
7,110 SF
Class
B
Lot Size
20,473 SF

Building Details

Year Built
1964
Buildings
1
Stories
1

HighLights

  • Immaculately maintained building.
  • Across the street from Strack & Van Til grocery store.
  • Convenient I‑65 access.
  • Prominent pylon signage on W Old Ridge Rd.
  • Extensive parking available.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Vinzant Inc Software Company Trinity Solutions Security System Supplier Bridges To Learning Christian School

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Hobart
County
Lake
State
Indiana
Longitude
-87.2710547
Latitude
41.5400026

FAQs

What type of property is this?
Office Property / Space - Prime Hobart Office, High Visibility
Where is this office property / space located?
The property is located at 904 Old Ridge Rd Hobart, IN.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Immaculately maintained building.; Across the street from Strack & Van Til grocery store.; Convenient I-65 access.
More about this property
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