611 E. 3rd Street Hobart Indiana

Retail-Commercial for Sale
Catylist Listing ID: 29987036
Property Subtypes: Street Retail, Other
Building Size (RSF): 6,914 SF
Gross Building Area: See Agent
Gross Land Area: 6,062 SF
Sale Price: $295,000
Unit Price: $42.67 PSF
Property Use Type: Investment, Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/16/2017

Overview / Comments

Well maintained property. 4 apartments on 2nd floor. $2,425 monthly total rent from the 4 apartments. Main floor and basement display furniture, etc. $3,000 monthly. Sellers selling business "Like New Home Furnishing & Wicker Gallery & Beach House" which also includes inventory. Sellers willing to sell real estate without the business.

Additional Details

Nearest MSA: Chicago-Naperville-Elgin
County: Lake
Tax ID/APN: 450932177010000018
Zoning: COMMERCIAL
Retail Clientele: Business, Other
Property Visibility: Excellent
Site Description: Main Street to downtown Hobart, follow Rt 51 (3rd Street). Building is on South side of the street.
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 2
Property Condition: Good
Year Built: 1910
Roof Type: Flat
Construction/Siding: Brick
Parking Type: Surface

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,191 48,646 125,957
Median Age: 37.09 37.87 37.18
Households: 3,015 18,789 48,340
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