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$475,000 Just Listed
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Property Description
Exceptional commercial opportunity in a highly visible, high-traffic location. This B3 zoned commercial building sits on nearly 1 acre and is ideally positioned along the Oak Savannah/Duneland Prairie bike trail, extending from Chicago, IL to New Buffalo, MC and heavily used by cyclists, group rides, and community events. Renovated and remodeled in 2017, the building was designed to accommodate retail, service, and cafe use, offering flexibility for a wide range of businesses including retail, service center, restaurant/bar, or office-based use. The main level features approximately 1,400 sqft with a full storefront of insulated Low-E glass providing excellent natural light and visibility. The upper level offers an additional 1,248 sqft currently used for office space and storage, with both interior and exterior staircase access, its own exterior entrance, and a hoist system. Each level is equipped with its own separate efficient 5-ton HVAC unit. The property offers over 18 on-site parking spaces plus 15 public parking spaces, with ample room for future expansion or additional parking. Located on the northeast side of the City of Hobart at the intersection of State Road 51 (Hobart Road) and East State Road 130, this property benefits from strong traffic counts and easy access to major highways serving Lake and Porter Counties. A rare opportunity in a prime location with outstanding exposure and accessibility.
Full Property Details
Full Property Details for 11 N Hobart Rd
General
- Price: $475,000
- Taxes: $6,856 (2024)
- Status: Active
- Type: Business
- Source: GNIAR
- MLS ID: 833358
- Updated: 1/29/2026
- Added to Site: Today
Parking
- Parking Features: Paved, Asphalt, Additional Parking
Location
- County: Lake
- Township: Hobart
- Subdivision: Trailhead Point
- Driving Directions: From Rt 6: South on 51 to round about. Exit round about east on Cleveland Ave (Hobart Rd). Barn on the north side.
Heating & Cooling
- Heating Type: Forced Air, Natural Gas
Structural Information
- Square Feet: 1,440
- Year Built: 1960
Lot Features
- Lot Size (Acres): 1.06
- Lot Size (Sq. Ft.): 46,173.6
- Zoning: Commercial
Financial Considerations
- Tax Amount: $6,856
- Tax Year: 2024
- Terms: Cash, Conventional
Disclosures and Reports
- Legal Description: TRAILHEAD POINT LOT 1 EX. SW PT. IN R/W
- Property ID: 450928352019000018
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Schools
Schools serving 11 N Hobart Rd
School District:Hobart School City
| Name | Grades | Distance |
|---|---|---|
Liberty Elementary School, Hobart, IN 130 North Liberty Street, Hobart, IN 46342 | 1-5 | 0.2 mi |
Hobart High School 2211 East 10th Street, Hobart, IN 46342 | 8-12 | 1.2 mi |
The Early Lrn Center At George Earle 400 North Wilson Street, Hobart, IN 46342 | PK-K | 2.2 mi |
Hobart Middle School 36 East 8th Street, Hobart, IN 46342 | 6-8 | 1.2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 11 N Hobart Rd
Date
Details
Price
Change
Source
1/29/2026
Listed
$475,000
647.49%
MLS
9/14/2022
Sold
$63,546
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 11 N Hobart Rd
Year
Property Taxes
Change
Tax Assessment
Change
2024
$6,719
-33%
$256,500
4%
2023
$10,030
76%
$245,700
—
2022
$5,688
41%
$245,500
5%
2020
$4,025
18%
$233,100
-2%
2019
$3,415
—
$236,800
3%
2019
$3,415
6%
$229,400
—
2018
$3,217
-13%
$229,400
119%
2017
$3,701
—
$104,700
-1%
2017
$3,701
5%
$105,400
-41%
2016
$3,515
—
$179,400
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 11 N Hobart Rd
11 N Hobart Road, Hobart, IN 46342 (MLS# 833358) is a Business property. 11 N Hobart Road is currently listed for $475,000 and was received on January 29, 2026. Want to learn more about 11 N Hobart Road? Do you have questions about finding other Business real estate for sale in Hobart? You can browse all Hobart real estate or contact a Coldwell Banker agent to request more information.

