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$800,000
840080 MLS ⋅ 10,332 SqFt. ⋅ Andrew Page
This recently renovated property is located in the heart of Downtown Hobart, 220 Main Street presents a rare opportunity to acquire a well-positioned, 7 unit, mixed-use investment property overlooking Lake George and surrounded by the city's thriving Main Street business district. Comprised of four spacious 2-bedroom residential apartments and three, approximately, 1,200-square-foot retail storefronts, this seven-unit asset offers investors a diversified income stream in one of Northwest Indiana's most desirable downtown markets. The property's prime location places tenants within walking distance of restaurants, shopping, entertainment, parks, and year-round community events, creating strong demand from both residential and commercial users. The residential units benefit from Hobart's limited supply of quality downtown housing, while the retail spaces enjoy excellent visibility, pedestrian traffic, and exposure along one of the city's most active commercial corridors. Investors will appreciate the combination of stable cash flow, multiple revenue sources, and long-term upside potential. With opportunities to increase rents through strategic lease renewals, tenant turnover, and continued downtown growth, the property offers an attractive value-add component while maintaining the stability typically associated with mixed-use assets. The proximity to major transportation routes, regional employers, and the continued revitalization of Downtown Hobart further supports the property's long-term investment appeal. Whether you're seeking to expand an existing portfolio or acquire a landmark downtown asset, this property represents a compelling opportunity to own a highly visible mixed-use property in a market experiencing continued growth and investment.

220 Main Street, Hobart

Listing courtesy of Andrew Page from Ellsbury Group.

$775,000
839781 MLS ⋅ 3,852 SqFt. ⋅ Tiffany Wallen
Prime Commercial Opportunity in Hobart! This 3,852-square-foot masonry commercial building is ideally suited for automotive service, repair, fleet operations, or a variety of commercial uses. Situated on approximately 0.30 acres with extensive paved parking and storage areas, the property offers excellent functionality and visibility along Michigan Street. The building features dedicated office space, multiple service areas, public utilities, and a flexible layout to accommodate a wide range of business operations. Conveniently located with easy access to major highways, industrial corridors, and surrounding communities, this well-positioned property presents an exceptional opportunity for owner-users or investors seeking a strategic commercial location. Don't miss the chance to establish or expand your business in this highly accessible Lake County location.

3649 Michigan Street, Hobart

Listing courtesy of Tiffany Wallen from Listing Leaders Stately, LLC.

Updated . Information deemed reliable but not guaranteed.

Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker of MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some listings have been excluded from this website.