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Property profile & analytics
OFF-MARKET
Specialty properties

116 37Th Ave Hobart, IN 46342

864 SF
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Specialty properties
Total area 864 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • First Impressions Hair Salon Hair Salon Nail Salon
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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