401-405 Main Street

Office for Sale
Catylist Listing ID: 30847959
Property Subtypes: Mixed Use
Building Size (RSF): 8,394 SF
Gross Building Area: See Agent
Sale Price: $349,000
Unit Price: $41.58 PSF
Property Use Type: Business
Class of Space: Class A
Sale Terms: Other
Cap Rate: Undisclosed
Last Updated: 9/18/2023

Overview / Comments

Location, location, location. This is a two-story stop light corner office/retail
building now available for sale. The 1st floor features 3 conference rooms,
large meeting room, 10 offices, reception desk/waiting area, large
workstation/cubicle room, 3 storage closets, file room and 2 bathrooms on
the main level. 2nd floor was a former photography studio and is mainly
open space and available to update. The basement is a 5' crawl space with
some building HVAC system and suitable for storage. 8 parking space in rear
of building with additional on street. 2022 pay 2023 RE Taxes $9,733.04. Located on the southeast corner of Main Street (S.R. 51) and 4th Street
directly across from Hobart City Hall. Walking distance to Tavern on the Lake
El Capitan Restaurant, Dollar General, Montego Bay Grille, Grangers at the
Clock Tower, The Caribbean on Lake George Restaurant, USPS, Tom Lounges
Record Bin, Art Theatre, Dairy Queen and so much more. Near Festival Park
which you'll find a boat and canoe launch, community center, covered bridge,
fishing opportunities, picnic areas, playground and restrooms. 1 1/2 miles
east of Rt. 6, 3 miles north of U.S. Highway 30, 4 miles east of I-65, 3 1/2
miles south of I-80/I-94. INDOT 2022 traffic counts on SR 51 are 8,827
cars/day.

Attachments & Media

Additional Details

Nearest MSA: Chicago-Naperville-Elgin
County: Lake
Tax ID/APN: 45-09-32-182-001.000-018
Zoning: B-2
Number of Stories: 2
Parking Description: 8 rear of building/public streets

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,191 48,646 130,459
Median Age: 37.09 37.87 37.57
Households: 3,015 18,789 50,193

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