Retail

Hobart, IN Retail Space for Sale

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Updated Storefront with Office Areas
Updated: Sep 19
Updated Storefront with Office Areas

804 E 3rd St, Hobart, IN 46342

$155,000
1,220 sqft
Approximately 1,220 SF of commercial space
Two private offices and two open flex areas
Kitchen/break room, bathroom, and basement storage
Two separate entrances
B‑2 Central Business District zoning
View details
Updated Freestanding Retail Building
Updated: Aug 16
Updated Freestanding Retail Building

3232 Michigan St, New Chicago, IN 46342

$140,000
1,290 sqft
1,290‑square‑foot retail building constructed in 1957
Newer mechanical systems and roof
Interior improvements completed
On‑site parking
Located at 3232 Michigan St, New Chicago, IN 46342
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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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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
Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 3 Active listings in Hobart, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 69 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

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

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.

View details
Merrillville Retail Space For Sale
Merrillville Retail Space For Sale

8205 Broadway, Merrillville, IN 46410

Contact for pricing
20,389 sqft

20,389 SqFt retail space in Merrillville, Indiana. 7.50% CAP.

View details
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
Retail Space in Merrillville
Retail Space in Merrillville

700 East 81st Avenue, Merrillville, IN 46410

$1,290,000

Retail space available for sale in Merrillville, Indiana.

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.

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
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
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
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
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
401 Main St
RETAIL STORES (PERSONAL SERVICES)

401 Main St, Hobart, IN 46342-4443

Estimated value:
$360,000
12,267 sqft 0.15 AC lot
View details
1365 Lk Park Ave
RETAIL STORES (PERSONAL SERVICES)

1365 Lk Park Ave, Hobart, IN 46342-5967

Estimated value:
$265,000
3,360 sqft 1.66 AC lot
View details
314 Main St
RETAIL STORES (PERSONAL SERVICES)

314 Main St, Hobart, IN 46342-4442

Estimated value:
$325,000
8,448 sqft 0.09 AC lot
View details
1111 37th Ave
RETAIL STORES (PERSONAL SERVICES)

1111 37th Ave, Hobart, IN 46342-2012

Estimated value:
$345,000
10,240 sqft 0.59 AC lot
View details
1500 37th Ave
RETAIL STORES (PERSONAL SERVICES)

1500 37th Ave, Hobart, IN 46342-1905

Estimated value:
$315,000
2,376 sqft 0.57 AC lot
View details
838-840 3rd St, Unit 840
RETAIL STORES (PERSONAL SERVICES)

838-840 3rd St, Hobart, IN 46342-4502

Unit 840
Estimated value:
$275,000
4,928 sqft 0.59 AC lot
View details
732 Old Rdg Rd
RETAIL STORES (PERSONAL SERVICES)

732 Old Rdg Rd, Hobart, IN 46342

Estimated value:
$1,765,000
14,992 sqft 1.54 AC lot
View details
3021 37th Ave
RETAIL STORES (PERSONAL SERVICES)

3021 37th Ave, Hobart, IN 46342-1729

Estimated value:
$280,000
4,000 sqft 0.23 AC lot
View details
8788 Rdg Rd
RETAIL STORES (PERSONAL SERVICES)

8788 Rdg Rd, Hobart, IN 46342-2550

Estimated value:
$475,000
3,800 sqft 4.17 AC lot
View details
11 Hobart Rd
RETAIL STORES (PERSONAL SERVICES)

11 Hobart Rd, Hobart, IN 46342-3359

Estimated value:
$70,000
1,440 sqft 1.06 AC lot
View details
7305 Grand Blvd
RETAIL STORES (PERSONAL SERVICES)

7305 Grand Blvd, Hobart, IN 46342-6644

Estimated value:
$380,000
14,800 sqft 2.00 AC lot
View details
1165 37th Ave
RETAIL STORES (PERSONAL SERVICES)

1165 37th Ave, Hobart, IN 46342-2012

Estimated value:
$315,000
6,499 sqft 3.08 AC lot
View details
3232 Michigan St
RETAIL STORES (PERSONAL SERVICES)

3232 Michigan St, New Chicago, IN 46342-1172

Estimated value:
$115,000
1,290 sqft 0.21 AC lot
View details
200 Main St
RETAIL STORES (PERSONAL SERVICES)

200 Main St, Hobart, IN 46342-4440

Estimated value:
$310,000
7,880 sqft 0.18 AC lot
View details
8544 Rdg Rd
RETAIL STORES (PERSONAL SERVICES)

8544 Rdg Rd, Hobart, IN 46342-2554

Estimated value:
$310,000
4,320 sqft 0.99 AC lot
View details

Hobart, IN Retail Space Market Trends and Statistics

Explore 72 retail space for sale in Hobart, IN, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 2,510 square feet of properties for sale, with an estimated market value of $295,000.

Sale prices for retail space in Hobart, IN start at $140,000, averaging $147,500, and reaching up to $155,000 — 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 $155K

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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