4728 61st Ave - Office FOR SALE


Hobart, IN 46342
$640,000 USD
219-746-4334
4728 61st Ave, Hobart, IN for Sale
$640,000 USD
Office - FOR SALE
1/11
null | Request Cap Rate

4728 61st Ave
Hobart, IN 46342


HIGHLIGHTS

  • Convenient access I65 & I-80/94-Flexible redevelopment owner-user potential
  • Utilities already to site- Great Signage- QSR perfect road frontage ingress-egress site
  • Location features high traffic count, thriving surrounding commercial retail, restaurants, automotive businesses and industrial dev sites

OVERVIEW

±5 ACRE COMMERCIAL DEVELOPMENT OPPORTUNITY | NEAR I-65 | HOBART, IN 4728 W 61st Avenue, Hobart, IN 46342 Excellent opportunity to acquire approximately 5 acres of commercial property along W 61st Avenue near I-65 ingress-egress in Hobart, Indiana. Positioned for redevelopment, investment, or future commercial use, the property combines a substantial land component with existing improvements and convenient interstate access. PROPERTY HIGHLIGHTS • Approximately 5 acres • B-3 Highway Commercial zoning • Approximately 165' of frontage on W 61st Avenue • Excellent proximity to I-65 and I-80/94 • 4,800 SF (40' × 120') pole barn/shop in good, usable condition • Approximately 3,300 SF former commercial builder's office building • Former office is currently not habitable and requires substantial rehabilitation or may be considered for removal/redevelopment • Existing shop/storage building provides potential interim or owner-user utility • Commercial corridor location with convenient regional access The property offers flexibility for a developer or investor seeking a commercial site in Northwest Indiana. The existing 4,800 SF pole barn provides usable shop and storage space, while the former office building offers a potential rehabilitation or redevelopment opportunity. Potential uses should be independently verified with the City of Hobart and are subject to zoning, permitting, site-plan approval and other governmental requirements. Ideal for developers, investors, commercial owner-users and businesses seeking a well-located Northwest Indiana site with interstate accessibility. Contact List Broker for further data. Note: Property has recorded ingress/egress easement to the east of the property for access to Cell tower and billboard parcels.

FOR SALE DETAILS

PRICE

$640,000 USD

PRICE/SF

$108 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

+-5 AC/off I65 INTERCHANGE/B3 /HOBART IN

PROPERTY TYPE

Office

ADD'L SUBTYPES

Freestanding, Storefront, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1953

SPRINKLERS

-

PARKING SPACES

15

LAND DETAILS

LAND ACRES

4.91 AC

LAND SF

213,880 SF

ZONING

B-3

APN/PARCEL ID

45-12-02-352-002.000-018

ASK ABOUT THIS PROPERTY

Nancy FrigoColdwell Banker Commercial RealtyMore Info
219-746-4334

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Nancy FrigoColdwell Banker Commercial RealtyMore Info
219-746-4334

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