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    Hobart, IN Specialty Properties for Sale

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    Mixed-Use Property with Two Buildings
    Updated: May 28
    Mixed-Use Property with Two Buildings

    939 S Wisconsin Street, Hobart, IN 46342

    $1,299,900
    17,500 sqft 2.31 AC lot
    2.309‑acre mixed‑use property in Hobart, IN
    17,500 square feet across two buildings
    Main building offers nearly 10,000 finished square feet and was built in 1963
    Second building measures nearly 7,000 square feet with classrooms, gymnasium, offices, loft, and kitchens
    Large garage with loft space
    View details
    Religious Facility and Daycare Complex
    Updated: May 28
    Religious Facility and Daycare Complex

    939 S Wisconsin St, Hobart, IN 46342

    $1,299,900
    17,500 sqft 2.30 AC lot
    2.3‑acre property with two large buildings, including nearly 10,000 finished SF in the main building and about 7,000 SF in the second building
    Main building (circa 1963) includes a large sanctuary, offices, full kitchen, and conference rooms; currently used for religious purposes
    Second building includes classrooms, full kitchen, his‑and‑hers bathrooms, large gymnasium, and a loft area with bathroom and bar; currently used as a daycare
    Second building can maintain daycare use or be adapted for other purposes, with additional office space included
    Large garage with loft provides extra storage and workspace
    View details
    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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    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
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    Local Demand available after sign in
    Specialty Property
    Specialty Property

    3709 West 37th Avenue, Hobart, IN 46342

    $550,000

    Existing commercial improvements date to 1930, offering an established physical asset for specialty use consideration.

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    Wedding Venue with Event Hall
    Wedding Venue with Event Hall

    7305 Grand Boulevard, Hobart, IN 46342

    Contact for pricing
    2.00 AC lot

    Brick-and-block facility includes a bar, kitchen, two bathrooms, and separate rental areas.

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    Church Building Near Park
    Church Building Near Park

    1000 Lillian St, Hobart, IN 46342

    Contact for pricing

    An 1882 church building sits near downtown, a public park, the Chamber of Commerce, and a biking trail.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    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 62 Potential Opportunities for your consideration. Besides 7 Active listings in Hobart, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 47 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.

    One-Story School Property
    One-Story School Property

    2460 Vermillion St, Lake Station, IN 46405

    $995,000
    37,624 sqft 4.40 AC lot

    Former school campus with an accessory building occupied by the Boys and Girls Club.

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    School Building With Outbuilding
    School Building With Outbuilding

    2460 Vermillion Street, Lake Station, IN 46405

    $995,000
    37,624 sqft 4.44 AC lot

    One-story school property with a separate outbuilding, public utilities, and an existing Boys and Girls Club tenant.

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    Commercial Specialty Property
    Commercial Specialty Property

    722 E Ridge Road, Gary, IN 46409

    $50,000
    1,040 sqft 0.12 AC lot

    Specialty commercial property for sale on Ridge Road in Gary, IN; zoning must be verified for allowable uses.

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    Church Building with Fellowship Space
    Church Building with Fellowship Space

    2584 Clay St, Gary, IN 46405

    Contact for pricing

    Brick construction includes offices, a kitchenette, two bathrooms, and multiple entrances.

    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.

    C-2 Commercial Land
    C-2 Commercial Land

    6889 E 109th Avenue, Crown Point, IN 46307

    $284,993
    1.32 AC lot

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

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    Wooded Recreation Land
    Wooded Recreation Land

    4302 Oak Avenue, Hammond, IN 46327

    $125,000
    2.17 AC lot

    Two wooded parcels with public water and sewer near the Toll Road, US 41, Calumet Avenue, and Wolf Lake Park.

    View details
    B2-Zoned Commercial Land
    B2-Zoned Commercial Land

    S Woodland Avenue, Michigan City, IN 46360

    $299,000
    17.53 AC lot

    Flat, out-of-floodplain site with public water, sewer, electric, and gas at the property.

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    Land in Tinley Park, IL
    Land in Tinley Park, IL

    16750 Harlem Avenue, Tinley Park, IL 60477

    $579,000
    1.01 AC lot

    Commercial land available for sale in Tinley Park, Illinois.

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    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.

    600 Old Rdg Rd
    FUNERAL HOME

    600 Old Rdg Rd, Hobart, IN 46342-4127

    $245,000
    Estimated value
    0.23 AC lot
    View details
    2400 61st Ave
    CHARITABLE ORGANIZATION

    2400 61st Ave, Hobart, IN 46342-6816

    $55,000
    Estimated value
    5.50 AC lot
    View details
    370 County Line Rd
    FUNERAL HOME

    370 County Line Rd, Hobart, IN 46342-7100

    $380,000
    Estimated value
    8,496 sqft 2.59 AC lot
    View details
    Old Rdg Rd
    CHARITABLE ORGANIZATION

    Old Rdg Rd, Hobart, IN 46342

    $240,000
    Estimated value
    15.54 AC lot
    View details
    Of
    CHARITABLE ORGANIZATION

    Of, Hobart, IN 46342

    $260,000
    Estimated value
    0.28 AC lot
    View details
    8200 Colorado Approx St
    CHARITABLE ORGANIZATION

    8200 Colorado Approx St, Hobart, IN 46342

    $240,000
    Estimated value
    2.83 AC lot
    View details
    715 Lincoln St
    FUNERAL HOME

    715 Lincoln St, Hobart, IN 46342

    $250,000
    Estimated value
    0.14 AC lot
    View details
    4200 Blvd Missouri St
    CHARITABLE ORGANIZATION

    4200 Blvd Missouri St, Hobart, IN 46342

    $250,000
    Estimated value
    1.56 AC lot
    View details
    8585 37Th Ave
    Automotive properties

    8585 37Th Ave, Hobart, IN 46342

    Value Estimation by Request
    2,740 sqft 0.58 AC lot
    View details
    1 Confidential Ave
    Automotive properties

    1 Confidential Ave, Hobart, IN 46342

    Value Estimation by Request
    2,284 sqft 0.33 AC lot
    View details
    116 37Th Ave
    Specialty properties

    116 37Th Ave, Hobart, IN 46342

    Value Estimation by Request
    864 sqft
    View details
    3100 Benedict St
    CHARITABLE ORGANIZATION

    3100 Benedict St, New Chicago, IN 46342-1191

    $265,000
    Estimated value
    0.19 AC lot
    View details
    3100 Benedict St
    CHARITABLE ORGANIZATION

    3100 Benedict St, New Chicago, IN 46342-1191

    $265,000
    Estimated value
    0.19 AC lot
    View details
    600 Ash St
    CHARITABLE ORGANIZATION

    600 Ash St, Hobart, IN 46342

    $240,000
    Estimated value
    39.14 AC lot
    View details
    701 7th St
    FUNERAL HOME

    701 7th St, Hobart, IN 46342-5207

    $245,000
    Estimated value
    0.07 AC lot
    View details
    701 7th St
    FUNERAL HOME

    701 7th St, Hobart, IN 46342-5207

    $250,000
    Estimated value
    0.11 AC lot
    View details
    Bet Rr 41st Ave Onlive
    CHARITABLE ORGANIZATION

    Bet Rr 41st Ave Onlive, Hobart, IN 46342

    $255,000
    Estimated value
    60.24 AC lot
    View details

    Hobart, IN Specialty Properties Market Trends and Statistics

    Explore 54 specialty properties for sale in Hobart, IN, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 37,400 square feet of properties for sale, with an estimated market value of $3,644,800.

    Sale prices for properties in Hobart, IN start at $495,000, averaging $911,200, and reaching up to $1,299,900 — 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

    Churches & religious facilities 4
    Day care centers 3
    NNN properties 3
    Marinas 1
    Wedding venues 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 $911.2K

    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

    Office

    Property Size Breakdown

    The majority of commercial real estate listings in Hobart fall within the 10,000 to 25,000 square foot range.

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