530 3Rd St Hobart, IN 46342
- Retail space
- 10,084 SF
- 0.13 lot acres
Current Use by Public Records
- Off-Road Rim Financing / Wheel Store / Car Finance And Loan Company
Property Details for 530 3Rd St
- Year built
- 1963
- Construction
- WOOD
- Lot size
- 0.13 lot acres
- Property size
- 10,084 SF
- Property type
- Retail space
- APN
- 45-09-32-131-011.000-018
- APU
- 450932131011000018
Description
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.
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
- -87.2542
- Latitude
- 41.5325
- CBSA code
- 16980
- CBSA name
- CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
