3700 Montgomery, Hobart, IN 46342

$499,999
Property Type: Land Lot Size (sq. ft.): 43,560 Status: Active
Current Price: $499,999 List Date: 4/06/2026 Last Modified: 4/06/2026

Overview

Description

High-visibility corner development opportunity in Hobart. This 1.0 acre site is strategically located at the intersection of Montgomery St and 37th Ave, offering approximately 86 feet of frontage on Montgomery and 127 feet on 37th Ave. Currently zoned Business (B-3), the parcel is ideally suited for a variety of commercial uses including retail, restaurant, or office. Excellent street visibility and high traffic counts make this a premier location for new construction. The two south lots are zoned R2 so a variance will be needed for B-3 usage there.

Listing Details MLS# 836593

General Property Information

Lot Size Acres
Yes
Lot Size Square Feet
43560
Lot Size Source
Public Records
Association YN
No
Waterfront YN
No
List Price/Acre
499999

Property Features

Current Use: Commercial Development Status: Finished Lot(s); See Remarks Electric: Other Listing Terms: Cash; Contract Lot Features: Corner Lot; Rectangular Lot Possession: Negotiable Possible Use: Development; Nursery; Retail Sewer: Public Sewer Special Listing Conditions: None Utilities: Cable Available; Electricity Available; Natural Gas Available; Sewer Available; Water Available Water Source: Public

Contract Information

Auction YN
No
Original List Price
499999
Property Sub Type
Unimproved Land
Lease Considered YN
No
Listing Agreement
Exclusive Right To Sell
Listing Service
Full Service
Common Interest
None
Occupant Type
Owner

Location Tax and Legal

Street Number
3700
Street Name
Montgomery
County
Lake
State
IN
Postal Code
46342
Subdivision Name
Ridgewood Add

Remarks and Miscellaneous

Public Remarks
High-visibility corner development opportunity in Hobart. This 1.0 acre site is strategically located at the intersection of Montgomery St and 37th Ave, offering approximately 86 feet of frontage on Montgomery and 127 feet on 37th Ave. Currently zoned Business (B-3), the parcel is ideally suited for a variety of commercial uses including retail, restaurant, or office. Excellent street visibility and high traffic counts make this a premier location for new construction. The two south lots are zoned R2 so a variance will be needed for B-3 usage there.

Status Change Information

Major Change Timestamp
2026-04-06T16:31:14Z
Major Change Type
New Listing
Status Change Timestamp
2026-04-06

More Information

Exemption Information

Exemption YN
No
Listing Office: McColly Real Estate
Last Updated: April - 06 - 2026
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