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220 Main Street , Hobart, IN 46342 Photo
220 Main Street , Hobart, IN 46342 Photo
220 Main Street , Hobart, IN 46342 Photo
220 Main Street , Hobart, IN 46342 Photo
220 Main Street , Hobart, IN 46342 Photo
220 Main Street , Hobart, IN 46342 Photo
220 Main Street , Hobart, IN 46342 Photo
220 Main Street , Hobart, IN 46342 Photo
220 Main Street , Hobart, IN 46342 Photo
220 Main Street , Hobart, IN 46342 Photo
220 Main Street , Hobart, IN 46342 Photo
220 Main Street , Hobart, IN 46342 Photo
220 Main Street , Hobart, IN 46342 Photo
220 Main Street , Hobart, IN 46342 Photo
220 Main Street , Hobart, IN 46342 Photo
220 Main Street , Hobart, IN 46342 Photo
220 Main Street , Hobart, IN 46342 Photo
220 Main Street , Hobart, IN 46342 Photo
220 Main Street , Hobart, IN 46342 Photo
220 Main Street , Hobart, IN 46342 Photo
220 Main Street , Hobart, IN 46342 Photo
220 Main Street , Hobart, IN 46342 Photo
220 Main Street , Hobart, IN 46342 Photo
220 Main Street , Hobart, IN 46342 Photo
220 Main Street , Hobart, IN 46342 Photo
220 Main Street , Hobart, IN 46342 Photo
220 Main Street , Hobart, IN 46342 Photo
220 Main Street , Hobart, IN 46342 Photo
220 Main Street , Hobart, IN 46342 Photo
220 Main Street , Hobart, IN 46342 Photo
220 Main Street , Hobart, IN 46342 Photo
220 Main Street , Hobart, IN 46342 Photo
220 Main Street , Hobart, IN 46342 Photo
220 Main Street , Hobart, IN 46342 Photo
220 Main Street , Hobart, IN 46342 Photo
220 Main Street , Hobart, IN 46342 Photo
220 Main Street , Hobart, IN 46342 Photo
220 Main Street , Hobart, IN 46342 Photo
220 Main Street , Hobart, IN 46342 Photo
220 Main Street , Hobart, IN 46342 Photo
220 Main Street , Hobart, IN 46342 Photo
220 Main Street , Hobart, IN 46342 Photo
220 Main Street , Hobart, IN 46342 Photo
220 Main Street , Hobart, IN 46342 Photo
220 Main Street , Hobart, IN 46342 Photo
220 Main Street , Hobart, IN 46342 Photo
220 Main Street , Hobart, IN 46342 Photo
220 Main Street , Hobart, IN 46342 Photo
220 Main Street , Hobart, IN 46342 Photo
220 Main Street , Hobart, IN 46342 Photo
220 Main Street , Hobart, IN 46342 Photo
220 Main Street , Hobart, IN 46342 Photo
220 Main Street , Hobart, IN 46342 Photo
220 Main Street , Hobart, IN 46342 Photo
220 Main Street , Hobart, IN 46342 Photo
220 Main Street , Hobart, IN 46342 Photo
220 Main Street , Hobart, IN 46342 Photo
220 Main Street , Hobart, IN 46342 Photo
220 Main Street , Hobart, IN 46342 Photo
220 Main Street , Hobart, IN 46342 Photo

30 Total Photos [Click to View All]

$875,000
Status: Active
220 Main Street Hobart, IN 46342
  • Bedrooms
  • Total Baths
  • 10,332
    Square Feet
  • 0.23
    Acres
  • 1922
    Year Built
  • HOA

Property Description

This recently renovated property is located in the heart of Downtown Hobart, 220 Main Street presents a rare opportunity to acquire a well-positioned, 7 unit, mixed-use investment property overlooking Lake George and surrounded by the city's thriving Main Street business district. Comprised of four spacious 2-bedroom residential apartments and three, approximately, 1,200-square-foot retail storefronts, this seven-unit asset offers investors a diversified income stream in one of Northwest Indiana's most desirable downtown markets. The property's prime location places tenants within walking distance of restaurants, shopping, entertainment, parks, and year-round community events, creating strong demand from both residential and commercial users. The residential units benefit from Hobart's limited supply of quality downtown housing, while the retail spaces enjoy excellent visibility, pedestrian traffic, and exposure along one of the city's most active commercial corridors. Investors will appreciate the combination of stable cash flow, multiple revenue sources, and long-term upside potential. With opportunities to increase rents through strategic lease renewals, tenant turnover, and continued downtown growth, the property offers an attractive value-add component while maintaining the stability typically associated with mixed-use assets. The proximity to major transportation routes, regional employers, and the continued revitalization of Downtown Hobart further supports the property's long-term investment appeal. Whether you're seeking to expand an existing portfolio or acquire a landmark downtown asset, this property represents a compelling opportunity to own a highly visible mixed-use property in a market experiencing continued growth and investment.

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Listed By / Shown By

Listed By

Broker Name: Ellsbury Group
Broker Phone: (219) 200-5133

Shown By

Broker Title: Cressy & Everett Real Estate
Broker Phone:

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Property Features

MLS Number: 840080
Subdivision: Hobart
County: Lake
Bedrooms: 0
Total Square Feet: 10,332
New Constuction: No
Construction:
Waterfront: No
Property Type: Commercial - Business
Heating: Forced Air
Lot Size: 0.23 Acres
Taxes: $19,752
Year Built: 1922

Feature Descriptions

Days on CressyEverett.com: 1
Parking Features: On Street
Sewer: Public Sewer
Utilities: Electricity Connected, Water Connected, Sewer Connected, Natural Gas Connected
Water: Public
Waterfront: Lake Front

Location

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