The median home value in Hobart, IN is $150,000.
This is
lower than
the county median home value of $225,000.
The national median home value is $308,980.
The average price of homes sold in Hobart, IN is $150,000.
Approximately 71% of Hobart homes are owned,
compared to 23% rented, while
6% are vacant.
Hobart real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you like to see a property, contact Hobart real estate agent to arrange a tour today!
Learn more about Hobart.
5 ACRES COMMERCIAL ZONED B-3 HIGHWAY COMMERCIAL HIGHLY VISIBLE SITE -Near I-65 Ideal for developers, investors seeking a well-located NWI site with Interstate Accessibility- Possible location for a QSR Drive thru Restaurant/Bank/Auto Services/Offices/Warehouse-Storage/Retail/Medical and more. The City has explicitly branded 61st Ave the "gateway to our medical district," backing it with roundabouts and road improvements, while Southlake Mall (~6M visitors/yr) is pivoting to an entertainment redevelopment. The combination of acreage and existing 4800sq.ft shop space may even be especially attractive to contractors, construction-related businesses, equipment operators, service companies and businesses requiring shop and storage capabilities. PROPERTY HIGHLIGHTS Approximately 165' frontage on W 61st Avenue Convenient access to I-65 and I-80/94 Approximately 3,300 SF former commercial builder's office building also located on the property Former office is currently not habitable and requires substantial rehabilitation Opportunity to renovate, repurpose or potentially remove the former office as part of future improvements. This property offers something increasingly difficult to find commercial acreage near major interstate access. Potential uses should be independently verified with the City of Hobart and are subject to applicable zoning, permitting and governmental approvals. note Ingress/Egress easements on right portion of property as per lake county recorder for billboard and cell tower.
Don't miss this amazing opportunity to own commercial property in a highly visible, centrally located Main Street location in Hobart. Positioned in the heart of town, 341 Main St offers excellent exposure, steady foot traffic, and endless income-producing possibilities. The building features four private office spaces, providing immediate leasing potential for additional revenue or flexible use for your own business operations. Whether you're an investor looking to expand your portfolio or an entrepreneur seeking the perfect storefront location, this property offers versatility and long-term value. Major updates include a new roof installed in 2021, adding peace of mind and reducing future maintenance concerns. With its prime location and multiple income opportunities, this property is ready to support your business vision. Schedule your showing today and explore the potential!
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.
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.
You don't want to miss this opportunity that is hitting the market for the first time. This property consists of 2.3 acres, is close to medical centers, butts up to the Oak Savannah Rail Trail, comes with 2 huge buildings, a large garage with loft, tons of room for additions and has been meticulously maintained since ownership. The main building has been around since 1963, comes with almost 10,000 finished square feet which includes tons of rooms, a large sanctuary, offices, a full kitchen, conference rooms, etc. This building is completely turn key and is currently used for religious purposes. The second building is almost 7,000 square feet, comes with classrooms, a full kitchen, his and hers bathrooms, a large gymnasium, a loft area with bathroom and bar, offices, and much more. This second building is currently being used for a Daycare and can maintain that or become whatever you feel fit. The options are endless here and this property would be a great for any savvy investor.
Income-producing entertainment venue in the heart of downtown Hobart's Main Street corridor. The Art Theatre operates as a fully programmed live event and performance space with multiple revenue streams including ticketed concerts, bar sales, private event rentals, and venue partnerships. The property features an open auditorium with stage, professional sound and lighting infrastructure, and capacity for approximately 400 guests, allowing for high-volume event turnover and strong per-event revenue potential. Established brand with regional draw and consistent programming provides a foundation for continued growth, with upside through expanded booking schedules, premium events, sponsorships, and enhanced food and beverage operations. Positioned within a walkable, revitalizing downtown with strong local support and increasing destination traffic. Turnkey opportunity for investor or operator seeking a scalable experiential asset in a supply-constrained entertainment category.
Turn-Key Restaurant Opportunity in Hobart! Charming and cozy breakfast/lunch diner now available in a well-maintained all-brick commercial building. This inviting space features two spacious dining rooms and two bathrooms, offering a comfortable layout for guests and staff alike. The property includes ample on-site parking and excellent visibility, making it ideal for a cute diner or small restaurant concept The sale includes a wide range of commercial kitchen equipment, allowing for a seamless start or expansion of your business. Included items feature a commercial refrigerator and freezer, commercial oven with stand, commercial range with hood and fire suppression system, commercial coffee maker, ice maker, soda and water cooler, commercial microwave, panini maker, and soup warmer. Additional items include a 3 compartment commercial sink, stainless steel storage cabinet, 24 24" stainless steel prep table, and more. This is a fantastic opportunity for an owner-operator or investor seeking a move-in ready restaurant space in the heart of Hobart. Schedule your showing today!
| The data relating to real estate for sale on this website comes in part from the Internet Data Exchange Program of the Multiple Listing Service of the Greater Northwest Indiana Association of REALTORS, Inc. Real estate listings held by brokerage firms other than the owner of this site are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Copyright 2026 MuItiple Listing Service of the Greater Northwest Indiana Association of REALTORS, Inc. All rights reserved |
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