15
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$640,000
Est. payment /mo
3,358 SqFt
Pending
4728 W 61st AVE Hobart, IN 46342
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Key Details
Property Type Commercial
Sub Type Retail
Listing Status Pending
Purchase Type For Sale
Square Footage 3,358 sqft
Price per Sqft $190
MLS Listing ID 844076
HOA Y/N No
Year Built 1953
Annual Tax Amount $20,981
Tax Year 2024
Lot Size 4.905 Acres
Acres 4.905
Property Sub-Type Retail
Property Description
+/-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.
Location
State IN
County Lake
Zoning Commercial
Rooms
Basement Unfinished
Interior
Heating Forced Air
Fireplace N
Appliance None
Exterior
Exterior Feature Storage
Parking Features Oversized, Garage Faces Front, Additional Parking
View Y/N true
View City
Building
Lot Description Back Yard, Near Public Transit, Front Yard, Few Trees
Sewer Public Sewer
Water Public
Schools
School District Hobart
Others
Tax ID 451202352002000018
Acceptable Financing NRA20260820181920609434000000
Listing Terms NRA20260820181920609434000000
Listed by Coldwell Banker Realty • Nancy Frigo
NEARBY SCHOOL & BUSINESS
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