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$850,000
This recently renovated property is located in the heart of Downtown Hobart, 220 Main Street presents a rare opportunity to acquire a well-positioned, 7 unit, mixed-use investment property overlooking Lake George and surrounded by the city's thriving Main Street business district. Comprised of four spacious 2-bedroom residential apartments and three, approximately, 1,200-square-foot retail storefronts, this seven-unit asset offers investors a diversified income stream in one of Northwest Indiana's most desirable downtown markets. The property's prime location places tenants within walking distance of restaurants, shopping, entertainment, parks, and year-round community events, creating strong demand from both residential and commercial users. The residential units benefit from Hobart's limited supply of quality downtown housing, while the retail spaces enjoy excellent visibility, pedestrian traffic, and exposure along one of the city's most active commercial corridors. Investors will appreciate the combination of stable cash flow, multiple revenue sources, and long-term upside potential. With opportunities to increase rents through strategic lease renewals, tenant turnover, and continued downtown growth, the property offers an attractive value-add component while maintaining the stability typically associated with mixed-use assets. The proximity to major transportation routes, regional employers, and the continued revitalization of Downtown Hobart further supports the property's long-term investment appeal. Whether you're seeking to expand an existing portfolio or acquire a landmark downtown asset, this property represents a compelling opportunity to own a highly visible mixed-use property in a market experiencing continued growth and investment.

220 Main Street, Hobart
$239,900
2 Beds ⋅ 2 Baths
Hard to find and even harder to replace -- this 2 bedroom, 2 bathroom Hobart home sits on a half-acre lot in town with nature as your only back neighbor. Whether you're searching for your first home or looking to downsize without giving up privacy and outdoor space, this property delivers a setting that simply feels different. Inside, the home offers a comfortable layout with a primary bedroom that walks directly out to the backyard deck, creating the perfect spot for peaceful mornings or quiet evenings overlooking the tree-lined backdrop. The combination of in-town convenience and a backyard view like this is rare. Located close to shopping, dining, parks, and commuter routes while still offering the feeling of your own private retreat. If you've been searching for a home with space, scenery, and potential to make your own, this Hobart property deserves a look.

224 Kelly Street, Hobart

Updated . Information deemed reliable but not guaranteed.