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    Hobart, IN
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    Hobart, IN Retail Properties & Spaces for Sale

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    13 properties
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    Updated Storefront Property
    Updated: Sep 4
    Updated Storefront Property

    3232 Michigan Street, New Chicago, IN 46342

    $140,000
    1,290 sqft 0.22 AC lot
    1,290‑square‑foot storefront building
    0.215‑acre commercial site
    Newer mechanical systems and roof
    Interior improvements already completed
    On‑site parking
    View details
    Four-Office Storefront Property
    Updated: Jul 2
    Four-Office Storefront Property

    341 Main Street, Hobart, IN 46342

    $255,000
    1,480 sqft 0.06 AC lot
    1,480 square feet of commercial storefront space
    Four private office spaces
    New roof installed in 2021
    0.06‑acre parcel at 341 Main Street, Hobart, IN 46342
    High ceilings with central natural gas heating
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    Historic Downtown Office Unit
    Historic Downtown Office Unit

    232 Main Street, Hobart, IN 46342

    $99,900
    736 sqft 0.02 AC lot

    Compact office unit with forced-air heating, natural gas service, and public water and sewer.

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    See what stands out in Lake County

    We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

    We check every listing here. A few are worth a second look.

    Cap Rate available after sign in
    NOI available after sign in
    Local Demand available after sign in
    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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    Retail Building with Drive-Through
    Retail Building with Drive-Through

    33 Main St, Hobart, IN 46342

    Contact for pricing
    3,400 sqft 0.25 AC lot

    Retail building with drive-through available, currently operating as a laundromat in Downtown Hobart on a triangular lot.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Retail Property in Hobart, Indiana
    Retail Property in Hobart, Indiana

    11 N Hobart Road, Hobart, IN 46342

    $475,000
    2,648 sqft

    Retail property with 46,609 sqft space in Hobart, Indiana.

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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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    Flex Space with Pole Barns
    Flex Space with Pole Barns

    1365 S Lake Park Ave, Hobart, IN 46342

    Contact for pricing
    3,000 sqft 1.66 AC lot

    Finish-ready commercial building with two electric pole barns, parking, and multiple potential commercial configurations.

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    Auto Shop Property with Overhead Doors
    Auto Shop Property with Overhead Doors

    3513 Michigan St, Hobart, IN 46342

    Contact for pricing
    1.70 AC lot

    Former auto parts facility with garage, storage areas, and fenced land across commercial and residential zoning.

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    Commercial Outlots Near Medical Center
    Commercial Outlots Near Medical Center

    1403-1501 Lake Park Avenue, Hobart, IN 46342

    Contact for pricing

    Three commercial outlots are available individually or as a combined acquisition within a retail plaza with retail and office tenants.

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    Remodeled Mixed-Use Downtown Building
    Remodeled Mixed-Use Downtown Building

    301 Center St, Hobart, IN 46342

    Contact for pricing

    Updated commercial space combines multi-tenant occupancy with office, storage, and retail or restaurant use potential.

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    Lakefront Mixed-Use Building
    Lakefront Mixed-Use Building

    603 S Wisconsin St, Hobart, IN 46342

    Contact for pricing

    Two-story property combines commercial space, two apartments, recreational equipment, six piers, and on-site parking.

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    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 13 Active listings in Hobart, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 59 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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    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 Retail and Apartment Building
    Mixed-Use Retail and Apartment Building

    4400 Liverpool Road, Lake Station, IN 46405

    Contact for pricing

    Mixed-use building previously used as a retail store and pizza restaurant, with an attached 3-bedroom apartment.

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    Laundromat Storefront For Sale
    Laundromat Storefront For Sale

    1437 E Ridge Rd, Gary, IN 46409

    Contact for pricing

    For sale laundromat storefront includes equipment and is one of two available locations.

    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.

    View details
    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.

    View details
    Commercial Land with Highway Access
    Commercial Land with Highway Access

    3567 Scottsdale Street, Portage, IN 46368

    $350,000
    2.50 AC lot

    Vacant commercial parcel with water available and direct access from Highway Route 6.

    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

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

    3139 Michigan St, New Chicago, IN 46342-1175

    $300,000
    Estimated value
    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

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

    950 Water St, Hobart, IN 46342-5925

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

    950 Water St, Hobart, IN 46342-5925

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

    1935 36th Ave, Hobart, IN 46342

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

    3739 37th Ave, Hobart, IN 46342-1669

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

    530 3rd St, Hobart, IN 46342-4418

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

    8150 Rdg Rd, Hobart, IN 46342-2504

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

    3559 Michigan St, New Chicago, IN 46342-2060

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

    2211 37th Ave, Hobart, IN 46342

    $185,000
    Estimated value
    2,250 sqft 0.13 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 13 active listings on our real estate platform. These investment opportunities span a total of 26,022 square feet of properties for sale, with an estimated market value of $2,364,800.

    Sale prices for stores in Hobart, IN start at $99,900, averaging $337,828, 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 10
    Shopping centers 3
    Auto shops 1
    Automotive properties 1
    Banks 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 $370.8K

    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)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Lake County

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