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332-338 Main Street,  Hobart IN, 46342

8,000 sqft
Status: Active
MLS#: 09226283
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Last Updated: 3/28/2017 12:23 PM
Description for 332-338 Main Street Hobart, IN 46342
What do you buy with $495,000? Restaurant with the same owner for well over 40 years (Recently Closed; personal reasons) 6-apartments above the restaurant; one (1) 2-bedroom and five (5) -1 bedroom Annual income from apartments is over $46,000; and do not forget the restaurant space! One could lease the restaurant for $3,500 / month or 42,000 per year Excellent location . Restaurant space can be divided into 3 stores for a total of 9 units! In summary, you buy an investment property with 7 to 9 units at a very low price.
8,000 (approx)
Listing Information
Property Type: Mixed Use, Other
0.14 Acres 8,000 (approx) 1965
Room Information
Interior Features
Central Air
Exterior / Lot Features
77 X 80
Driving Directions
I-294S, I-80E, Exit 11, I-65S, r at 37th, r at Maxwell St, L at Old Bridge Rd, r at Main St
Financial Considerations
Listing Price History

Hobart Real Estate

Hobart is located in Indiana. Hobart, Indiana 46342 has a population of 28,404.

The median household income in Hobart, Indiana 46342 is $55,840. The median household income for the surrounding county is $49,617 compared to the national median of $53,482. The median age of people living in Hobart 46342 is 38.9 years.

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Courtesy: Realpoul Realty
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