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    Hebron, IN
    Mixed-Use

    Hebron, IN Mixed-use Properties for Sale

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    Crown Point, IN Lowell, IN Valparaiso, IN Wheatfield, IN Demotte, IN Kouts, IN Merrillville, IN Cedar Lake, IN
    Downtown Mixed-Use Property
    Updated: Aug 23
    Downtown Mixed-Use Property

    118-120 N Main Street, Hebron, IN 46341

    $1,675,000
    13,400 sqft 0.18 AC lot
    Two commercial suites and six apartments at 118‑120 N Main Street
    Unfinished Unit 7 offers 1,800 sq. ft. for future buildout
    Major improvements include new electrical panels, serviced HVAC, and 3/4 roof replacement
    Apartments 2‑6 updated with kitchens, baths, AC units, LVP flooring, and stainless‑steel appliances
    Restaurant and school uses occupy the commercial portions
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    This listing looks promising.

    Here's a quick look at some key insights for

    118-120 N Main Street, Hebron, IN 46341

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    • Est. Cap Rate

      7.3%
      Above avg (5.9%)

    • Est. NOI

      $123K
      Annual

    • Mortgage

      $798K
      Aug 2025

    • Last Sold

      Jul 2023
      $425K

    • Property Type

      Retail Stores
      Built 1927
    View Property Analytics
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Hebron, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Leased Mixed-Use Building
    Leased Mixed-Use Building

    105 S Court Street, Crown Point, IN 46307

    $784,900
    4,770 sqft 0.06 AC lot

    Commercial space occupies the first floor, with residential use on the second floor.

    View details
    Two-Story Duplex with Garage
    Two-Story Duplex with Garage

    704 Lincolnway, Valparaiso, IN 46383

    $375,000
    0.16 AC lot

    R/T zoning supports residential, mixed-use, and commercial or professional use options.

    View details
    Crown Point Mixed-Use Property
    Crown Point Mixed-Use Property

    105 S Court Street, Crown Point, IN 46307

    Contact for pricing

    Leased mixed-use property with residential and commercial spaces, fenced backyard.

    View details
    Corner Commercial Land
    Corner Commercial Land

    1201-1209 E Lincolnway, Valparaiso, IN 46383

    $3,489,139
    6.83 AC lot

    CG-zoned site with water available and mixed-use development potential at a signalized commercial intersection.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Cedar Lake B1-Zoned Lot
    Cedar Lake B1-Zoned Lot

    13405 Morse Street, Cedar Lake, IN 46303

    $279,000
    0.88 AC lot

    Versatile 0.88-acre lot in high-traffic Cedar Lake location.

    View details
    Versatile Land with Commercial Potential
    Versatile Land with Commercial Potential

    1211 Joliet Street, Dyer, IN 46311

    $419,900
    1.41 AC lot

    Vacant land suitable for commercial or residential development.

    View details
    Versatile Vacant Land Opportunity
    Versatile Vacant Land Opportunity

    1211 Joliet Street, Dyer, IN 46311

    $419,900
    0.70 AC lot

    Vacant land with commercial and residential potential in Dyer, IN.

    View details
    Prime Land in Burns Harbor
    Prime Land in Burns Harbor

    1 Burns Blvd, Burns Harbor, IN 46304

    $386,000
    1.90 AC lot

    2 acres zoned for mixed-use development in Burns Harbor, IN.

    View details

    Hebron, IN Mixed-Use Properties Market Trends and Statistics

    Explore 1 mixed-use properties for sale in Hebron, IN on our real estate platform. These investment opportunities span a total of 13,400 square feet of properties for sale, with an estimated market value of $1,675,000.

    Sale prices for multi use buildings in Hebron, IN average $1,675,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 10K
    Population Growth (5Y) -1.6%
    Median Household Income $99,444
    College Educated 25.6%

    Taxes & Financing

    Tax Rate (average for all types) 2.00%
    Property Tax per SF $59.17 per SF
    Tax Rate vs County Average 0.19 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Porter County

    New Delisted

    Total CRE Inventory on Market (SF)

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