116 37Th Ave Hobart, IN 46342
This 864-square-foot commercial property, located at 116 37th Ave in Hobart, Indiana (zip code 46342), is a former beauty salon ideally suited for owner-occupants. Priced at $129,000 ($149.31 per square foot), this mixed-use building offers a single unit within a commercially zoned area. The property's location on Route 6 (Ridge Road) ensures high visibility and traffic flow, making it an excellent opportunity for businesses seeking strong signage potential. The building's history as a long-standing beauty salon speaks to its suitability for a variety of office uses. The property is situated in Lake County, Indiana, in a city known for its business-friendly environment. This is a unique chance to acquire a well-located, established commercial space in a thriving area. The property is ready for immediate occupancy and offers significant potential for a new business or an established company seeking to expand. Contact us today to schedule a showing.
-
First Impressions Hair Salon Hair Salon Nail Salon
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.