Retail

Hobart, IN Retail Properties & Spaces for Sale

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Updated Retail Storefront
Updated: Sep 4
Updated Retail Storefront

3232 Michigan Street, New Chicago, IN 46342

$140,000
1,290 sqft 0.22 AC lot
1,290‑square‑foot storefront building on 0.215 acres
Recent improvements include newer mechanical systems and a newer roof
Interior updates have been completed
Natural gas forced‑air heating
Public water and public sewer service
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Historic Downtown Office Unit
Updated: Apr 27
Historic Downtown Office Unit

232 Main Street, Hobart, IN 46342

$99,900
736 sqft 0.02 AC lot
736‑square‑foot office unit
Building constructed in 1876
Downtown Hobart location on Main Street
Forced‑air heating with natural gas
Public water and public sewer
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Updated Storefront with Office Areas
Updated Storefront with Office Areas

804 E 3rd St, Hobart, IN 46342

$155,000
1,220 sqft

B-2 zoning supports professional, retail, medical, salon, service, and other permitted business uses.

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See hot listings in Hobart

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
Est. NOI available after sign in
Local Demand available after sign in
Updated Freestanding Retail Building
Updated Freestanding Retail Building

3232 Michigan St, New Chicago, IN 46342

$140,000
1,290 sqft

Compact retail building with parking, newer mechanical systems, a newer roof, and interior improvements.

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Street Retail Building with Parking
Street Retail Building with Parking

1500 West 37th Avenue, Hobart, IN 46342

$495,000
2,400 sqft

Retail building with a drive-in door, adjacent gravel lot option, and 18 paved parking spaces.

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7-Unit Downtown Mixed-Use Property
7-Unit Downtown Mixed-Use Property

220 Main St, Hobart, IN 46342

$800,000
10,332 sqft

Renovated building combines four apartments with three retail storefronts.

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Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
Rainstorm Express Car Wash
Rainstorm Express Car Wash

8585 East 37th Avenue, Hobart, IN 46342

Contact for pricing
5,904 sqft 2.63 AC lot

The Hobart property is subject to a long-term triple-net lease.

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Downtown Retail Building with Visibility
Downtown Retail Building with Visibility

232 Main St, Hobart, IN 46342

$99,900
736 sqft

For sale retail property near I-65 with visibility on Main St in Hobart, Indiana.

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13-Unit Mixed-Use Property
13-Unit Mixed-Use Property

602-610 E THIRD ST, Hobart, IN 46342

Contact for pricing

Three connected buildings combine apartments and storefronts, with one retail suite available for occupancy.

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Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 9 Active listings in Hobart, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 63 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.

Mixed-Use Property with Leased Spaces
Mixed-Use Property with Leased Spaces

2800 Dekalb Street, Lake Station, IN 46405

$550,000
1,005 sqft 0.16 AC lot

Two-level configuration combines four occupied commercial spaces with three leased residential units.

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Leased Mixed-Use Property
Leased Mixed-Use Property

2800 Dekalb St, Lake Station, IN 46405

$550,000
1,005 sqft

Two-level property combines leased commercial occupancy with residential units in Lake Station.

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Storefront Retail Property
Storefront Retail Property

731 E 41st Avenue, Gary, IN 46409

$54,900
3,822 sqft 0.15 AC lot

Existing storefront property with public water and sewer service in Gary.

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Mixed-Use Property
Mixed-Use Property

5425 Melton Rd, Gary, IN 46403

$50,000
936 sqft

Combines commercial space with residential opportunities at 5425 Melton Road.

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.

Commercial Land Near Transit
Commercial Land Near Transit

800 Gibson Street, Gary, IN 46403

$237,500
1.33 AC lot

Commercial land with public water and sewer near the Lake Street business district and South Shore train station.

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Commercial Land Near Train Station
Commercial Land Near Train Station

800 Gibson Street, Gary, IN 46403

$237,500
1.33 AC lot

Commercial site with public water and sewer access near a train station.

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Commercial Land with Highway Frontage
Commercial Land with Highway Frontage

5103 E Lincoln, Merrillville, IN 46410

$749,900
5.15 AC lot

Planned B3 zoning permits office, retail, recreation, and automotive-oriented uses with utilities already serving the site.

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6.23 Acres Visible Land
6.23 Acres Visible Land

8400 Georgia Street, Merrillville, IN 46410

$650,000
6.23 AC lot

Highly visible 6.23 acres of land for sale.

View details

Off-Market Properties in Hobart, IN

Consider similar Off-Market properties in Hobart, 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.

3003 37th Ave
RESTAURANT

3003 37th Ave, Hobart, IN 46342-1729

Estimated value:
$275,000
2,175 sqft 0.49 AC lot
View details
3139 Michigan St
RETAIL STORES (PERSONAL SERVICES)

3139 Michigan St, New Chicago, IN 46342-1175

Estimated value:
$300,000
9,184 sqft 0.38 AC lot
View details
1615 Lk Park Ave
RETAIL STORES (PERSONAL SERVICES)

1615 Lk Park Ave, Hobart, IN 46342-6640

Estimated value:
$1,535,000
13,017 sqft 1.78 AC lot
View details
950 Water St
CONVENIENCE STORE (W/FUEL PUMP)

950 Water St, Hobart, IN 46342-5925

Estimated value:
$270,000
384 sqft 0.16 AC lot
View details
950 Water St
CONVENIENCE STORE (W/FUEL PUMP)

950 Water St, Hobart, IN 46342-5925

Estimated value:
$230,000
0.11 AC lot
View details
1935 36th Ave
PARKING LOT

1935 36th Ave, Hobart, IN 46342

Estimated value:
$425,000
5.85 AC lot
View details
3739 37th Ave
AUTO REPAIR, GARAGE

3739 37th Ave, Hobart, IN 46342-1669

Estimated value:
$265,000
864 sqft 0.66 AC lot
View details
530 3rd St
RETAIL STORES (PERSONAL SERVICES)

530 3rd St, Hobart, IN 46342-4418

Estimated value:
$315,000
10,084 sqft 0.13 AC lot
View details
8150 Rdg Rd
RESTAURANT

8150 Rdg Rd, Hobart, IN 46342-2504

Estimated value:
$330,000
1.26 AC lot
View details
3559 Michigan St
RETAIL STORES (PERSONAL SERVICES)

3559 Michigan St, New Chicago, IN 46342-2060

Estimated value:
$270,000
3,360 sqft 0.07 AC lot
View details
2211 37th Ave
SHOW ROOM, WAREHOUSE

2211 37th Ave, Hobart, IN 46342

Estimated value:
$185,000
2,250 sqft 0.13 AC lot
View details
1601 37th Ave
RETAIL STORES (PERSONAL SERVICES)

1601 37th Ave, Hobart, IN 46342-1909

Estimated value:
$320,000
2,192 sqft 0.49 AC lot
View details
3649 Michigan St
AUTO REPAIR, GARAGE

3649 Michigan St, New Chicago, IN 46342-2058

Estimated value:
$265,000
3,852 sqft 0.30 AC lot
View details
442 Wisconsin St
AUTO REPAIR, GARAGE

442 Wisconsin St, Hobart, IN 46342-2161

Estimated value:
$265,000
2,772 sqft 0.39 AC lot
View details
235 Main St
RETAIL STORES (PERSONAL SERVICES)

235 Main St, Hobart, IN 46342-4439

Estimated value:
$165,000
3,713 sqft 0.20 AC lot
View details

Hobart, IN Retail Properties & Spaces Market Trends and Statistics

Explore 72 retail properties & spaces for sale in Hobart, IN, showcased through 9 active listings on our real estate platform. These investment opportunities span a total of 23,908 square feet of properties for sale, with an estimated market value of $1,929,800.

Sale prices for stores in Hobart, IN start at $99,900, averaging $275,685, and reaching up to $800,000 — 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

Storefront properties 8
Automotive properties 1
Banks 1
Car washes 1
Shopping centers 1

Demographics Overview

Population 33K
Population Growth (5Y) +6.2%
Median Household Income $72,163
College Educated 27.1%

High-Yield Neighborhoods for Investment

Identify Hobart submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
46342 $330K

Taxes & Financing

Tax Rate (average for all types) 3.17%
Property Tax per SF $56.09 per SF
Tax Rate vs County Average 0.10 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Lake County

New Delisted

Total CRE Inventory on Market (SF)

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