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    Hebron, IN
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    Crown Point, IN Lowell, IN Valparaiso, IN Wheatfield, IN Demotte, IN Kouts, IN Merrillville, IN Cedar Lake, IN
    Downtown Mixed-Use Property
    Updated: Aug 23
    Downtown Mixed-Use Property

    118-120 N Main Street, Hebron, IN 46341

    $1,675,000
    13,400 sqft 0.18 AC lot
    Two commercial suites and six apartments at 118‑120 N Main Street
    Unfinished Unit 7 offers 1,800 sq. ft. for future buildout
    Major improvements include new electrical panels, serviced HVAC, and 3/4 roof replacement
    Apartments 2‑6 updated with kitchens, baths, AC units, LVP flooring, and stainless‑steel appliances
    Restaurant and school uses occupy the commercial portions
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    This listing looks promising.

    Here's a quick look at some key insights for

    118-120 N Main Street, Hebron, IN 46341

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    • Est. Cap Rate

      7.3%
      Above avg (5.9%)

    • Est. NOI

      $123K
      Annual

    • Mortgage

      $798K
      Aug 2025

    • Last Sold

      Jul 2023
      $425K

    • Property Type

      Retail Stores
      Built 1927
    View Property Analytics
    Based on your search, we've compiled 15 Potential Opportunities for your consideration. Besides 1 Active listings in Hebron, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 6 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Open-Plan Mixed-Use Building
    Open-Plan Mixed-Use Building

    616 15th Street SE, Demotte, IN 46310

    $299,900
    2,696 sqft 0.31 AC lot

    Public water and sewer, on-site parking, and a flexible interior support a range of commercial configurations.

    View details
    Mixed-Use Commercial Building
    Mixed-Use Commercial Building

    616 15th St SE, Demotte, IN 46310

    $299,900
    2,696 sqft

    Spacious open-concept building with on-site parking and updated major components including a newer electrical panel.

    View details
    Downtown Restaurant Opportunity
    Downtown Restaurant Opportunity

    201 S Main St, Kouts, IN 46347

    $69,900
    2,557 sqft

    For sale restaurant property with 2,557 sq. ft. at 201 S Main St in Kouts.

    View details
    Conventional Restaurant Building
    Conventional Restaurant Building

    201 S Main Street, Kouts, IN 46347

    $69,900
    2,557 sqft 0.10 AC lot

    Commercial property with public water and sewer service in Kouts.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Hebron, IN Commercial Land
    Hebron, IN Commercial Land

    1000 S State Road 2, Hebron, IN 46341

    $386,000
    3.96 AC lot

    4-acre commercial lot prime for development at busy intersection.

    View details
    C-2 Commercial Land
    C-2 Commercial Land

    6889 E 109th Avenue, Crown Point, IN 46307

    $284,994
    1.32 AC lot

    Commercially zoned land with public water availability and flexibility for office, retail, medical, restaurant, and service uses.

    View details
    Commercial Land with Highway Frontage
    Commercial Land with Highway Frontage

    0-lot B6-7 State Road 8, Kouts, IN 46347

    $76,400
    0.85 AC lot

    Commercial parcel with public water and sewer serving the site.

    View details
    Commercial Land with Highway Frontage
    Commercial Land with Highway Frontage

    St Road 8 lot: B4-5, Kouts, IN 46347

    $76,400
    0.85 AC lot

    Commercial land offering public water and sewer access near established businesses.

    View details

    Off-Market Properties in Hebron, IN

    Consider similar Off-Market properties in Hebron, IN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    3421 181st Ave
    RESTAURANT

    3421 181st Ave, Hebron, IN 46341-9035

    $315,000
    Estimated value
    3,437 sqft 1.52 AC lot
    View details
    408 Pratt St
    RESTAURANT

    408 Pratt St, Hebron, IN 46341

    $250,000
    Estimated value
    2,674 sqft 0.15 AC lot
    View details
    17519 700th W
    RESTAURANT

    17519 700th W, Hebron, IN 46341-9426

    $195,000
    Estimated value
    7,615 sqft 3.24 AC lot
    View details
    622 Frnt St
    RESTAURANT

    622 Frnt St, Hebron, IN 46341

    $235,000
    Estimated value
    2,154 sqft 1.08 AC lot
    View details
    642 Main St
    RESTAURANT

    642 Main St, Hebron, IN 46341-9133

    $255,000
    Estimated value
    2,376 sqft 0.56 AC lot
    View details
    5416 181st Ave
    RESTAURANT

    5416 181st Ave, Hebron, IN 46341-9303

    $500,000
    Estimated value
    10,982 sqft 10.65 AC lot
    View details

    Hebron, IN Restaurants Market Trends and Statistics

    Explore 7 restaurants for sale in Hebron, IN on our real estate platform. These investment opportunities span a total of 13,400 square feet of properties for sale, with an estimated market value of $1,675,000.

    Sale prices for restaurant properties in Hebron, IN average $1,675,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Conventional restaurants 1

    Demographics Overview

    Population 10K
    Population Growth (5Y) -1.6%
    Median Household Income $99,444
    College Educated 25.6%

    Taxes & Financing

    Tax Rate (average for all types) 2.00%
    Property Tax per SF $59.17 per SF
    Tax Rate vs County Average 0.19 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Porter County

    New Delisted

    Total CRE Inventory on Market (SF)

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