11 N Hobart Rd - Retail FOR SALE


Hobart, IN 46342
$475,000 USD
219-210-2493
11 N Hobart Rd, Hobart, IN for Sale
$475,000 USD
Retail - FOR SALE
1/20
null | Request Cap Rate

11 N Hobart Rd
Hobart, IN 46342


HIGHLIGHTS

  • Iconic neighborhood store
  • Immaculate retail space
  • Established for nearly 8 years
  • Remodeled throughout

OVERVIEW

Opportunity for new or established retail, service-center, cafe or office based business to expand or introduce a new concept in this highly visible and unusual building, zoned B3 Iconic neighborhood store located on the N/E side of the City of Hobart; The Bike Barn has been a fixture in the community for a decade. Immaculate retail space with open show room, café/ smoothie bar and well-equipped technical repair area. Mezzanine above holds stock and admin space, with staircase access inside and separate rear exterior stairs Remodeled throughout in 2016. Additions include major exterior renovation, and inside the staircase, café and bar, repair center, bathroom and store front Established for nearly 8 years, the business provides expert repair services, high-quality bikes, parts and accessories Location Following an extensive road re-configuration, the The Bike Barn is one of several new businesses grouped around the new roundabout, improving and encouraging the flow of traffic to major destinations via I-94 and I-90 3.6 miles and I-65 4.7 miles Situated on the paved, 10.3-mile Oak Savannah trail, (between Hobart and Griffith) the Bike Barn is a resting place and service stop for local cyclists, walkers and cycling enthusiasts throughout the region Exterior - Over 18 parking spaces, (plus 15 public parking spaces) and picnic area. The City of Hobart - The Bike Barn is 1 mile /3 minutes from the City’s historic downtown district which is situated on the shores of Lake George. The City of Hobart enjoys a strategic location at the crossroads of Interstate 65 and U.S. Highway 30. A large regional shopping mall sits at its southern boundary and a Class "A" industrial business park to its west

FOR SALE DETAILS

PRICE

$475,000 USD

PRICE/SF

$179 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1960

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.91 AC

LAND SF

39,469 SF

ZONING

B3

APN/PARCEL ID

45-09-28-352-019.000-018

ASK ABOUT THIS PROPERTY

Brian ColemanColdwell Banker Commercial Real Estate GroupMore Info
219-210-2493

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Brian ColemanColdwell Banker Commercial Real Estate GroupMore Info
219-210-2493

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.