Date
Details
Price
Change
Source
3/20/2026
Listed
$2,000,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/19
$2,000,000 Just Listed
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1/19
Property Description
Income-producing entertainment venue in the heart of downtown Hobart's Main Street corridor. The Art Theatre operates as a fully programmed live event and performance space with multiple revenue streams including ticketed concerts, bar sales, private event rentals, and venue partnerships. The property features an open auditorium with stage, professional sound and lighting infrastructure, and capacity for approximately 400 guests, allowing for high-volume event turnover and strong per-event revenue potential. Established brand with regional draw and consistent programming provides a foundation for continued growth, with upside through expanded booking schedules, premium events, sponsorships, and enhanced food and beverage operations. Positioned within a walkable, revitalizing downtown with strong local support and increasing destination traffic. Turnkey opportunity for investor or operator seeking a scalable experiential asset in a supply-constrained entertainment category.
Full Property Details
Full Property Details for 230 Main St
General
- Price: $2,000,000
- Taxes: $10,169 (2024)
- Status: Active
- Type: Business
- Source: GNIAR
- MLS ID: 835785
- Updated: 3/20/2026
- Added to Site: 5 day(s) ago
Interior
- Appliances: Dishwasher, Water Heater, Stainless Steel Appliance(s), Range Hood, Other, Gas Water Heater, Gas Range, Freezer
Location
- County: Lake
- Township: Hobart
- Subdivision: Art Theatre Sub
- Driving Directions: Located in downtown Hobart on Main Street between 2nd St and 3rd St. Property sits on the south side of Main St. From I-65, take Exit 253 (61st Ave) east to Main St, then head north into downtown Hobart. Street parking available along Main St.
Heating & Cooling
- Heating Type: Forced Air
Structural Information
- Square Feet: 10,000
- Year Built: 1934
Lot Features
- Lot Size (Acres): 0.202
- Lot Size (Sq. Ft.): 8,799
Financial Considerations
- Tax Amount: $10,169
- Tax Year: 2024
- Terms: Cash, Conventional
Disclosures and Reports
- Legal Description: ART THEATRE SUB. LOT 1
- Property ID: 450932152026000018
Listed by Berkshire Hathaway HomeService
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— 230 Main St —
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NMLS#: 1598647
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Schools
Schools serving 230 Main St
School District:Hobart School City
| Name | Grades | Distance |
|---|---|---|
Joan Martin Elementary School 301 East 10th Street, Hobart, IN 46342 | K-6 | 0.8 mi |
The Early Lrn Center At George Earle 400 North Wilson Street, Hobart, IN 46342 | PK-K | 1.5 mi |
Hobart High School 2211 East 10th Street, Hobart, IN 46342 | 8-12 | 1.5 mi |
Hobart Middle School 36 East 8th Street, Hobart, IN 46342 | 6-8 | 0.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 230 Main St
Tax History
Tax History for 230 Main St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$15,059
—
$330,100
-27%
2024
$15,059
-11%
$452,200
9%
2023
$16,966
18%
$415,600
46%
2022
$14,410
43%
$285,600
7%
2020
$10,075
35%
$266,400
1%
2019
$7,446
—
$262,700
31%
2019
$7,446
-14%
$201,300
-20%
2018
$8,683
5%
$250,300
2%
2017
$8,306
—
$245,800
2%
2017
$8,306
—
$241,800
—
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 230 Main St
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- Single Family
- Active
- Updated 7 hours ago
- 3Beds
- 1Total Bath
- 932Sq. Ft.
Listed by Ellsbury Group
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- Active
- Updated 1 day ago
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- Active
- Updated 4 days ago
- 3Beds
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- Active
- Updated 15 hours ago
- 3Beds
- 1Total Bath
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Listed by Coldwell Banker Market Connect
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- Single Family
- Active
- Updated 6 days ago
- 4Beds
- 2Total Baths
- 2,160Sq. Ft.
Listed by McColly Real Estate
- Single Family
- Active
- Updated 9 hours ago
- 3Beds
- 2Total Baths
- 1,620Sq. Ft.
Listed by Listing Leaders
- Single Family
- Active
- Updated 1 day ago
- 3Beds
- 3Total Baths
- 1,552Sq. Ft.
Listed by Kirk & Company Your Home Sold
- Single Family
- Active
- Updated 6 days ago
- 3Beds
- 2Total Baths
- 1,822Sq. Ft.
Listed by McColly Real Estate
230 Main Street, Hobart, IN 46342 (MLS# 835785) is a Business property. 230 Main Street is currently listed for $2,000,000 and was received on March 20, 2026. Want to learn more about 230 Main Street? 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.