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4728 W 61st Avenue, Hobart, IN 46342
New Listing
$640,000
Property Type:
Commercial Sale
Square Footage:
3,358
Lot Size (sq. ft.):
213,662
Status:
Active
Current Price:
$640,000
List Date:
8/20/2026
Last Modified:
8/20/2026
Overview
Description
...
(Read more)
±5 ACRES COMMERCIAL ZONED B-3 HIGHWAY COMMERCIAL HIGHLY VISIBLE SITE -Rare opportunity for an owner-user seeking substantial commercial land together with an existing usable shop/storage building near I-65 Ideal for developers, investors seeking a well-located NWI site with Interstate Accessibility- Possible QSR Drive thru Restaurant/Bank/Auto Services/Offices/Warehouse-Storage/Retail/Medical and more. Includes a 40' × 120' (4,800 SF) pole barn/shop in good, usable condition. The combination of acreage and existing shop space may be especially attractive to contractors, construction-related businesses, equipment operators, service companies and businesses requiring shop and storage capabilities. PROPERTY HIGHLIGHTS • Approximately 165' frontage on W 61st Avenue • Convenient access to I-65 and I-80/94 • Approximately 3,300 SF former commercial builder's office building also located on the property • Former office is currently not habitable and requires substantial rehabilitation • Opportunity to renovate, repurpose or potentially remove the former office as part of future improvements • Combination of land -existing shop provides flexibility for an owner-user This property offers something increasingly difficult to find commercial acreage near major interstate access. Potential uses should be independently verified with the City of Hobart and are subject to applicable zoning, permitting and governmental approvals.
Listing Details MLS# 844076
General Property Information
- Number Of Units Total
- 2
- Living Area
- 3358
- Building Area Source
- Assessor
- Year Built
- 1953
- Year Built Details
- 1953
- Parking Total
- 15
- Lot Size Acres
- 4.905
- Lot Size Square Feet
- 213662
- Lot Size Source
- Assessor
- Waterfront YN
- No
- Basement YN
- Yes
- Stories
- Yes
Property Features
Appliances:
None
Basement:
Unfinished
Building Features:
Business District Location; Commercial Park Location; Office Park Location; Strip Mall Location
Business Type:
Auto Service; Hotel/Motel; Medical; Professional/Office; Restaurant; Retail; Warehouse
Construction Materials:
Brick
Cooling:
None
Current Use:
Commercial; Development; Mini-Storage; Office
Electric:
Circuit Breakers
Exterior Features:
Storage
Flooring:
Vinyl
Heating:
Forced Air
Listing Terms:
Cash; Conventional
Lot Features:
Back Yard; Few Trees; Front Yard; Near Public Transit
Owner Pays:
All Utilities; Taxes
Parking Features:
Additional Parking; Garage Faces Front; Oversized
Possession:
Close Of Escrow
Possible Use:
Automotive; Commercial; Development; Highway/Tourist Service; Investment; Medical/Dental; Mini-Storage; Nursery; Office; Retail; Warehouse
Rail Availability:
None
Roof:
Asphalt
Sewer:
Public Sewer
Special Licenses:
None
Special Listing Conditions:
None
Tenant Pays:
None
Utilities:
Electricity Connected; Sewer Connected; Water Available
Water Source:
Public
Contract Information
- Auction YN
- No
- Original List Price
- 640000
- Property Sub Type
- Retail
- Listing Agreement
- Exclusive Right To Sell
- Occupant Type
- Vacant
Location Tax and Legal
- Street Number
- 4728
- Street Direction Prefix
- W
- Street Name
- 61st
- Street Suffix
- Avenue
- County
- Lake
- State
- IN
- Postal Code
- 46342
Remarks and Miscellaneous
- Public Remarks
- ±5 ACRES COMMERCIAL ZONED B-3 HIGHWAY COMMERCIAL HIGHLY VISIBLE SITE -Rare opportunity for an owner-user seeking substantial commercial land together with an existing usable shop/storage building near I-65 Ideal for developers, investors seeking a well-located NWI site with Interstate Accessibility- Possible QSR Drive thru Restaurant/Bank/Auto Services/Offices/Warehouse-Storage/Retail/Medical and more. Includes a 40' × 120' (4,800 SF) pole barn/shop in good, usable condition. The combination of acreage and existing shop space may be especially attractive to contractors, construction-related businesses, equipment operators, service companies and businesses requiring shop and storage capabilities. PROPERTY HIGHLIGHTS • Approximately 165' frontage on W 61st Avenue • Convenient access to I-65 and I-80/94 • Approximately 3,300 SF former commercial builder's office building also located on the property • Former office is currently not habitable and requires substantial rehabilitation • Opportunity to renovate, repurpose or potentially remove the former office as part of future improvements • Combination of land -existing shop provides flexibility for an owner-user This property offers something increasingly difficult to find commercial acreage near major interstate access. Potential uses should be independently verified with the City of Hobart and are subject to applicable zoning, permitting and governmental approvals.
Status Change Information
- Major Change Timestamp
- 2026-08-20T18:58:04Z
- Major Change Type
- New Listing
- Status Change Timestamp
- 2026-08-20
More Information
Building Features
- Building Dimensions
- 41x24
- Office SqFt
- 3358
- Business District Location
- Yes
- Commercial Park Location
- Yes
- Office Park Location
- Yes
- Strip Mall Location
- Yes
Exemption Information
- Exemption YN
- No
Showing Requirements
- Showing Instructions
- Must contact list agent for all access and questions nancy frigo 219 746 4334
Location, Tax, and Legal
- School District
- Hobart
- Middle Or Junior School
- Hobart Middle School
- High School
- Hobart High School
- Tax Annual Amount
- 20981
- Tax Year
- 2024
- Tax Legal Description
- E1/2 W1/2 W1/2 SW1/4 SW1/4 S.2 T.35 R.8 EX. N.25FT OF S.40FT 4.905 AC
- Parcel Number
- 451202352002000018
- Additional Parcels YN
- No
- Zoning Description
- Commercial
- Township
- Hobart
- Directions
- I65 to 61st Ave E to property on N side of st.
- Cross Street
- 61st & I65
- Census Tract
- 422
Appliances
- None
- Yes
Basement
- Unfinished
- Yes
Construction Materials
- Brick
- Yes
Cooling
- None
- Yes
Electric
- Circuit Breakers
- Yes
Exterior Features
- Storage
- Yes
Flooring
- Vinyl
- Yes
Heating
- Forced Air
- Yes
Listing Terms
- Cash
- Yes
- Conventional
- Yes
Lot Features
- Back Yard
- Yes
- Few Trees
- Yes
- Front Yard
- Yes
- Near Public Transit
- Yes
Parking Features
- Additional Parking
- Yes
- Garage Faces Front
- Yes
- Oversized
- Yes
Possession
- Close Of Escrow
- Yes
Roof
- Asphalt
- Yes
Sewer
- Public Sewer
- Yes
Special Listing Conditions
- None
- Yes
Utilities
- Electricity Connected
- Yes
- Sewer Connected
- Yes
- Water Available
- Yes
View
- City
- Yes
Water Source
- Public
- Yes
Owner Pays
- All Utilities
- Yes
- Taxes
- Yes
Tenant Pays
- None
- Yes
Current Use
- Commercial
- Yes
- Development
- Yes
- Mini-Storage
- Yes
- Office
- Yes
Possible Use
- Automotive
- Yes
- Commercial
- Yes
- Development
- Yes
- Highway/Tourist Service
- Yes
- Investment
- Yes
- Medical/Dental
- Yes
- Mini-Storage
- Yes
- Nursery
- Yes
- Office
- Yes
- Retail
- Yes
- Warehouse
- Yes
Business Type
- Auto Service
- Yes
- Hotel/Motel
- Yes
- Medical
- Yes
- Professional/Office
- Yes
- Restaurant
- Yes
- Retail
- Yes
- Warehouse
- Yes
Rail Availability
- None
- Yes
Special Licenses
- None
- Yes
Listing Office:
Coldwell Banker Realty
Last Updated: August - 20 - 2026
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