7553 Ridge Rd Hobart, IN 46342
- Commercial real estate
- 3,144 SF
- 0.44 lot acres
Current Use by Public Records
- Artisan Quality Construction / Construction Company
- Discount Family Insurance / Renter'S Insurance Agency / Auto Insurance Agency
Property Details for 7553 Ridge Rd
- Year built
- 1966
- Construction
- WOOD
- Lot size
- 0.44 lot acres
- Property size
- 3,144 SF
- Property type
- Commercial real estate
- APN
- 45-09-29-203-007.000-018
- APU
- 450929203007000018
Description
This exceptional Hobart, Indiana office building presents a remarkable investment opportunity. Located at 7553 E Ridge Road, this property boasts a substantial 3000+ square feet of space, offering significant potential for a variety of businesses. The building is situated on a generous 0.44-acre lot, providing ample parking for employees and clients. A convenient walk-out access in the rear enhances functionality and accessibility. While a significant portion of the building has been underutilized in recent years, this presents a unique chance to revitalize and customize the space to meet specific business needs. The prime location in the heart of Hobart offers excellent visibility and accessibility, making it an ideal spot for a thriving enterprise. The asking price of $249,900 makes this a truly affordable entry point into commercial real estate ownership. The substantial square footage and generous lot size offer unlimited potential for expansion and development. This is a rare opportunity to acquire a well-positioned property with significant upside potential in a desirable location. Don't miss out on this chance to transform this underutilized building into a thriving business hub. Serious inquiries only.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Hobart
- County
- Lake
- State
- Indiana
- Longitude
- -87.2457
- Latitude
- 41.5503
- CBSA code
- 16980
- CBSA name
- CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
