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$245,900 Just Listed
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Property Description
Turn-Key Restaurant Opportunity in Hobart! Charming and cozy breakfast/lunch diner now available in a well-maintained all-brick commercial building. This inviting space features two spacious dining rooms and two bathrooms, offering a comfortable layout for guests and staff alike. The property includes ample on-site parking and excellent visibility, making it ideal for a cute diner or small restaurant concept The sale includes a wide range of commercial kitchen equipment, allowing for a seamless start or expansion of your business. Included items feature a commercial refrigerator and freezer, commercial oven with stand, commercial range with hood and fire suppression system, commercial coffee maker, ice maker, soda and water cooler, commercial microwave, panini maker, and soup warmer. Additional items include a 3 compartment commercial sink, stainless steel storage cabinet, 24 24" stainless steel prep table, and more. This is a fantastic opportunity for an owner-operator or investor seeking a move-in ready restaurant space in the heart of Hobart. Schedule your showing today!
Full Property Details
Full Property Details for 3530 Michigan St
General
- Price: $245,900
- Taxes: $2,682 (2024)
- Status: Active
- Type: Office
- Source: GNIAR
- MLS ID: 835709
- Updated: 3/19/2026
- Added to Site: 1 day(s) ago
Interior
- Appliances: Freezer, Stainless Steel Appliance(s), Range Hood, Refrigerator, Microwave, Gas Range, Gas Cooktop
Location
- County: Lake
- Township: Hobart
- Subdivision: Matthais Add
- Driving Directions: 37th Ave to Michigan turn north to property on left hand side
Heating & Cooling
- Heating Type: Forced Air
Structural Information
- Square Feet: 1,144
- Year Built: 1977
Lot Features
- Lot Size (Acres): 0.143
- Lot Size (Sq. Ft.): 6,229
Financial Considerations
- Tax Amount: $2,682
- Tax Year: 2024
- Terms: Cash, Conventional
Disclosures and Reports
- Legal Description: MATTHAIS ADD. LIVERPOOL HEIGHTS BL.4 LOTS 1, 2, 3 & 4
- Property ID: 450919356021000022
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Schools
Schools serving 3530 Michigan St
School District:River Forest Community School Corporation
| Name | Grades | Distance |
|---|---|---|
John I Meister Elementary School 3300 Jay Street, Hobart, IN 46342 | K-5 | 1 mi |
River Forest Elementary School 3300 Indiana St, Hobart, IN 46342 | 6-8 | 0.4 mi |
River Forest Jr-Sr High School 3300 Indiana St, Hobart, IN 46342 | 9-12 | 0.5 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 3530 Michigan St
Date
Details
Price
Change
Source
3/19/2026
Listed
$245,900
278.31%
MLS
8/23/2019
Sold
$65,000
—
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 3530 Michigan St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$2,876
-6%
$71,500
—
2023
$3,066
7%
$71,300
1%
2022
$2,867
1%
$70,400
8%
2020
$2,826
-20%
$65,200
-21%
2019
$3,535
—
$83,000
27%
2019
$3,535
80%
$65,200
32%
2018
$1,959
1%
$49,300
4%
2017
$1,949
—
$47,500
-4%
2017
$1,949
-2%
$49,300
—
2016
$1,984
16%
$49,300
—
2015
$1,707
-7%
$49,100
—
2013
$1,839
7%
$49,300
—
2012
$1,720
—
$49,300
—
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 3530 Michigan St
3530 Michigan Street, Hobart, IN 46342 (MLS# 835709) is a Office property. 3530 Michigan Street is currently listed for $245,900 and was received on March 19, 2026. Want to learn more about 3530 Michigan Street? Do you have questions about finding other Office real estate for sale in Hobart? You can browse all Hobart real estate or contact a Coldwell Banker agent to request more information.

