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Shawn Spaw

Team Leader of the Shawn Spaw Team

  • Cell 219-617-7802

611 East 3rd Street, Hobart, IN – $259,900

  • $260k Price
  • 2,550 Sqft
  • .18 Acres
  • $260k Price
  • 2,550 Sqft
  • .18 Acres

611 East 3rd Street

PRICE REDUCED! 3 NEW FURNACES/1 CENTRAL AIR- Rare Opportunity to Own this Well-Maintained Building in Downtown Hobart. Main Level Features 2 Commercial Store Fronts with Finished Basement (Former Home to Wicker Gallery), and Upper Level has 4 Residential Units with Long-term Tenants (3-12 Years with no indication of vacating). Opportunity to Utilize Commercial Space for your business and allow the Rental Income from other units Cover your Expenses! Residential Units Generate $2,500 Monthly Rental Income with potential to Double your Rental Income with Commercial Spaces. Building Boasts 5,000 Sq Ft of Space on All 3 Levels. Basement is Finished in Commercial Unit with Carpeting. Assigned Off-Street Parking for Tenants. Possibilities are Endless!

Essential Information

  • MLS® #440605
  • Price$259,900
  • Square Footage2,550
  • Acres0.18
  • Year Built1910
  • TypeComm/Ind/Bus
  • Sub-TypeRetail
  • StatusActive

Community Information

  • Address611 East 3rd Street
  • SubdivisionNone
  • CityHobart
  • CountyLake
  • StateIN
  • Zip Code46342


  • Parking Spaces4

Additional Information

  • Date ListedAugust 8th, 2018
  • ZoningCOMM

Listing Details

  • OfficeMcColly Real Estate
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McColly Real Estate.

©2019 Multiple Listing Service of the Greater Northwest Indiana Association of REALTORS®, Inc. All rights reserved. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange Program of the Multiple Listing Service of the Greater Northwest Indiana Association of REALTORS®, Inc. Real estate listings held by brokerage firms other than Keller Williams Realty International are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed by the GNIAR MLS.

Listing information last updated on April 21st, 2019 at 1:16pm CDT.