Investment Property - Owner/User

8201-8203 Utah Street, Hobart, Indiana 46342

  • Property Subtypes Light Industrial , Mixed Use
  • Gross Building Area 10,414 SF
  • Building Status Existing
  • Sale Price $495,000.00 PSF
  • Class of Space N/A
  • Total Land Size 1.01 Acres
  • Sale Terms Purchase Money MortgageCash to Seller
  • Cap Rate Undisclosed
  • Last Updated 3/31/2020
  • Days on Market 307 Days
  • Status active

Overview / Comments

Investment property or owner/user. Two 5,207 +/- SF buildings on 1.01 acres both 100% leased. Ideal for retail, contractors, automotive, various light industrial. 2018 pay 2019 taxes are $6,462.86 ($0.62/SF). Built in 1983. This property is located approx. 400' south of U.S. Highway 30 on the east side of Utah Street 1/4 mile east of Colorado Street and just 2 miles east of the I-65/U.S. Highway 30 interchange and 6 miles south of I-80/94 interchange. Close proximity to other retail, light industrial businesses, auto repair, professional offices and 6 million square feet of retail trade area including Avalon Manor, Walmart, Sam's Club, Big Lots, Lowes, Costco, Target, Home Depot, Olive Garden and Coopers Hawk which is anchored by The Southlake Shopping Mall and much more. also within 1 mile are several car dealerships including Audi, Volkswagen, Toyota, Nissan, Dodge, Kia and Honda.

Additional Details

  • Tax ID/APN 45-12-24-328-004.000-046

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