114 N Lake Park Avenue Hobart, IN ^$ 289,900

114 N Lake Park Avenue

^$ 289,900

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114 N Lake Park Avenue

Hobart, IN, 46342

^$ 289,900

Bedrooms-- Baths-- Sq 1,128

Monthly Estimate*

^$ 1,809

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Commercial Property for sale in Hobart, IN

for $289,900. This 1,128 square foot building was built in 1942 on a lot size of 1.563.

Opportunity Awaits on this commercial property with over 1.5 acres of potential! Conveniently located close to town and zoned R2, this 3-bedroom, 1.75-bath home offers a unique setup with an additional kitchen--perfect for creating in-laws or student suites. With plenty of space to reimagine and customize, this property offers endless possibilities for commercial or residential use. A rare find with so much versatility!

Commercial Active

Price

^$ 289,900

Property Type

Commercial

Taxes

^$ 5,383

Style

Mixed Use

Lot Size

1.563

Year Built

1942

Town/City

Hobart

County/Region

Lake

MLS | Web ID

812070

Features

Interior

Interior Amenities Eat-in Kitchen

General

Sewer Public Sewer

Heating Forced Air

Utilities Electricity Connected Water Connected Sewer Connected Natural Gas Connected

Appliances Dishwasher Refrigerator Washer Microwave Gas Water Heater Gas Range Dryer

Year Built 1942

Electric 100 Amp Service

Township Hobart

Property Subtype Mixed Use

Tax Year 2023

County Lake

Property Type Commercial Sale

Subdivision Name Mini-Warehouse Sub

Building Features Other

Status Active

Directions From downtown take Main Street to North Old Ridge Rd Turn Right on Lake Park Ave to property.

City Hobart

Lot Size Square Feet 68084

Listing Terms Cash Conventional

Tax Annual Amount 5383

Standard Status Active

Legal Description MINI-WAREHOUSE SUBDIVISION LOT 'A'

Exterior

Exterior Amenities Private Entrance Private Yard

Fencing Gate

Parking Features Additional Parking Parking Lot

Water Source Public

Total Parking 10

Lot Dimensions Irregular

Lot Size Acres 1.563

Lot Size Source Assessor

* Excluded Features

List By

Samantha Cheatham

Listing Agent

Realty Executives Premier

Broker

scheatham321@gmail.com

Affordability Calculator

$2,257

Per Month

Monthly Principal & Interest: $1,809
Monthly Property Taxes: $449
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Hobart, IN

Average List Price ^$758,189

Percent of Sale Price 162%

About Hobart, IN

27,656 Population

9% Since 2002

^$58,961 Median Income

39.8 Median Age

26% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

1261196 Elementary School

1261197 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
10/24/2024	$289,900		Listed Price

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114 N Lake Park Avenue, Hobart, IN, 46342 is a Commercial Property for sale at $289,900 with 1,128 sqft and a lot size of 1.563. 114 N Lake Park Avenue was built in 1942. The property's zip code is 46342 which is in Hobart, IN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the Greater Northwest Indiana Multiple Listing Service.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Greater Northwest Indiana Multiple Listing Service. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistribute. Its sole purpose is to be used for no other purpose than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 12/22/2025.

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114 N Lake Park Avenue

Commercial Property for sale in Hobart, IN

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