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Olena Savchenko

osavchenko641@gmail.com +1(219) 765-0309

$ 640,000

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4728 W 61st AVE Hobart, IN 46342

3,358 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

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.

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

Olena Savchenko

Agent | License ID: 19949

+1(219) 765-0309

Olena Savchenko

4728 W 61st AVE Hobart, IN 46342

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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4728 W 61st AVE