230 Main Street, Hobart, IN 46342
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230 Main Street, Hobart, IN 46342
230 Main Street, Hobart, IN 46342
230 Main Street, Hobart, IN 46342
230 Main Street, Hobart, IN 46342
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Olga Vega

Olga Vega

+1(219) 588-9494
$ 2,000,000
Est. payment /mo
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Active

230 Main Street Hobart, IN 46342

10,000 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Business

Listing Status Active

Purchase Type For Sale

Square Footage 10,000 sqft

Price per Sqft $200

Subdivision Art Theatre Sub

MLS Listing ID 835785

Year Built 1934

Annual Tax Amount $10,169

Tax Year 2024

Lot Size 8,799 Sqft

Property Sub-Type Business

Property Description

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.

Location

State IN

County Lake

Rooms

Basement Bath/Stubbed, Partially Finished

Interior

Heating Forced Air

Cooling Central Air, Zoned, Ceiling Fan(s)

Fireplace No

Appliance Dishwasher, Water Heater, Stainless Steel Appliance(s), Range Hood, Other, Gas Water Heater, Gas Range, Freezer

Exterior

Utilities Available Cable Available, Water Connected, Water Available, Underground Utilities, Sewer Connected, Sewer Available, Natural Gas Connected, Electricity Connected, Electricity Available, Cable Connected

Roof Type Asphalt

Building

Story 2

Structure Type Other,Stucco

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Listed by Berkshire Hathaway HomeService
Olga Vega

Olga Vega

Managing Broker | License ID: RB14047917

+1(219) 588-9494

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230 Main Street