530 3rd St Hobart, IN 46342-4418
This exceptional retail property, situated at 530 E 3rd Street in Hobart, Indiana, presents a remarkable investment opportunity. Located in the heart of Downtown Hobart's business district at the intersection of Center and 3rd Street, this expansive space boasts just over 10,000 square feet spread across a main and lower level. The B-2 zoning allows for a wide variety of business uses, making it highly versatile. The property features ample parking both in front and behind the building, ensuring convenient access for customers and employees. Significant updates have been completed, reflecting a commitment to quality and maintenance. These improvements include roof repairs, HVAC system upgrades, new drop ceilings, carpeting, fresh paint, updated trim, ceiling fans, and modern LED lighting. The property is in turnkey condition, ready for immediate occupancy. Three prominent storefront display windows provide excellent visibility, while the unique limestone exterior and a beloved custom-painted mural add to its distinctive character. The 0.13-acre lot provides a solid foundation for a thriving business. This is one of the largest retail units in Downtown Hobart, offering a rare chance to establish a presence in a vibrant and growing community.
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Off-Road Rim Financing Loan Service
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
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Risks
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