$380,000
$399,900
5.0%For more information regarding the value of a property, please contact us for a free consultation.
10,084 SqFt
SOLD DATE : 06/10/2025
Key Details
Sold Price $380,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
Square Footage 10,084 sqft
Price per Sqft $37
MLS Listing ID 810622
Sold Date 06/10/25
Year Built 1963
Annual Tax Amount $8,419
Tax Year 2023
Lot Size 5,706 Sqft
Acres 0.131
Lot Dimensions 43.25 x 132
Property Sub-Type Retail
Property Description
Location, Location, Location. Located in the heart of Downtown Hobart's Business District at the intersection of Center & 3rd Street. This is a wonderful opportunity to purchase one of the largest retail units in all of Downtown Hobart. Featuring a main and lower level equaling just over 10,000 square feet of a wide-open canvas for many types of potential businesses with its B-2 zoning. Ample parking available either in front or back of building. Many updates have been performed to the building to get it to its current condition. Ranging from roof repairs to hvac system updates, new drop ceilings, carpeting, paint, trim, ceiling fans along with updated LED lighting. The current owners definitely showed pride of ownership. This property is in turn-key condition just waiting for its new owner to take it from here. Building also features 3 storefront display windows, unique limestone exterior and amazing custom hand painted mural loved by all in town.
Location
State IN
County Lake
Zoning Residential
Interior
Interior Features Ceiling Fan(s), Open Floorplan, Natural Woodwork, High Ceilings, High Speed Internet, Entrance Foyer
Heating Central, Natural Gas, Exhaust Fan, Forced Air, Floor Furnace
Fireplace N
Appliance None
Exterior
Exterior Feature Lighting, Private Entrance
View Y/N true
View true
Accessibility Accessible Common Area, Accessible Entrance
Handicap Access Accessible Common Area, Accessible Entrance
Building
Lot Description City Lot, Rectangular Lot, Near Public Transit, Level
Schools
School District Hobart
Others
Tax ID 450932131011000018
Acceptable Financing NRA20240918170825278861000000
Listing Terms NRA20240918170825278861000000
Financing Conventional
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Bought with @properties/Christie's Intl RE