Last Updated: 2/23/2017 3:21 AM
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.
Exterior / Lot Features
77 X 80
I-294S, I-80E, Exit 11, I-65S, r at 37th, r at Maxwell St, L at Old Bridge Rd, r at Main St
Listing Price History
Hobart Real Estate
Hobart is located in Indiana. Hobart, Indiana 46342 has a population of 28,933.
The median household income in Hobart, Indiana 46342 is $54,468. The median household income for the surrounding county is $49,315 compared to the national median of $53,046. The median age of people living in Hobart 46342 is 37.9 years.
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