Listing provided courtesy of Berkshire Hathaway HomeServiceNorthwest Indiana MLSas Distributed by MLSGrid- MLS# 835785
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Request Info230 Main StreetHobart, IN 46342
Commercial · 10,000 Sq. ft. | 0.20 Acres$1,600,000
Active
230 Main Street Overview
- Time on Site:
- 102 days
- Visits:
- 13
Income-producing entertainment venue in the heart of downtown Hobart's Main Street corridor. The Art Theatre operates as a fully programmed live event and performance space with multiple revenue streams including ticketed concerts, bar sales, private event rentals, and venue partnerships. The property features an open auditorium with stage, professional sound and lighting infrastructure, and capacity for approximately 400 guests, allowing for high-volume event turnover and strong per-event revenue potential. Established brand with regional draw and consistent programming provides a foundation for continued growth, with upside through expanded booking schedules, premium events, sponsorships, and enhanced food and beverage operations. Positioned within a walkable, revitalizing downtown with strong local support and increasing destination traffic. Turnkey opportunity for investor or operator seeking a scalable experiential asset in a supply-constrained entertainment category.
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230 Main Street Facts & Features
- Type Commercial
- Sq. ft. 10,000
- Price/Sq.ft. $160
- Lot 0.20 Acres
Details
General
Building Information
- Year Built: 1934
Location/Region
- County Or Parish: Lake
- Subdivision Name: Art Theatre Sub
- Township: Hobart
Tax Information
- Tax Annual Amount: 10169
- Tax Year: 2024
General Information
- Listing Terms: Cash,Conventional
- Parcel Number: 450932152026000018
- Property Sub Type: Business
- Property Type: Commercial Sale
- Special Listing Conditions: None
Interior
Building Interior
- Building Area Source: Estimated
General Information
- Appliances: Dishwasher,Water Heater,Stainless Steel Appliance(s),Range Hood,Other,Gas Water Heater,Gas Range,Freezer
- Building Features: Private Restrooms,Mixed Use,Business District Location
- Electric: 100 Amp Service,200+ Amp Service
- Heating: Forced Air
- Living Area: 10000
Exterior
Parking Information
- Parking Total: 0
Lot Information
- Additional Parcels: false
- Lot Size Acres: 0.202
- Lot Size Source: Assessor
- Lot Size Square Feet: 8799
- Water Source: Public
Waterfront/View
- View: City
- Waterfront Features: Lake Front
- Waterfront: true
General Information
- Sewer: Public Sewer
- Utilities: Cable Available,Water Connected,Water Available,Underground Utilities,Sewer Connected,Sewer Available,Natural Gas Connected,Electricity Connected,Electricity Available,Cable Connected
230 Main Street Neighborhood
Community
46342 (Hobart) Demographics
39
Median Age
873
Population Density (per sq. mile)
33%
College Educated
$64,279
Estimated Median Income
9,396
Estimated Total Home Owners
2,586
Estimated Total Renters
78% / 22%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.230 Main Street Monthly Cost
230 Main Street Market Data
Based on the last 30 days in this zip code
$298,301
Average List Price
$167
Average Price per Square Foot
36
Properties Sold
65
Average Days on Market
143
Properties for Sale
230 Main Street History
| Date | Value | Agent |
|---|---|---|
| 6/25/2026Source: Northwest Indiana MLS | $1,600,000 -20.0% |
|
| 3/20/2026Source: Northwest Indiana MLS | March 20, 2026 |