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200 Main St 7,880 SF Retail Building Hobart, IN 46342 $3,137,752 CAD ($398.19 CAD/SF)
Investment Highlights
- Fully Built-Out operating successful restaurant
- Seating for 163 inside; Outdoor patio seats 90
- New roofs, floors, plumbing and windows
- Sale includes business and all FF&E
- Overlooking Lake George
- Popular restaurant with great sales-ask Broker for additional details
Executive Summary
Tavern on the Lake in Hobart, Indiana offers an opportunity to acquire an operating, profitable restaurant located directly on Lake George. The property benefits from its waterfront setting and established presence in the market, drawing consistent traffic from both local patrons and visitors to the downtown area.
The building is approximately 6,500 square feet and includes a 2,300 square foot outdoor patio overlooking the lake. The structure is built with Flexicore concrete floors and ceilings, providing long-term durability. The layout is open with clear span space, including front windows that fully open, more than ample storage, and features a separate area dedicated to dishwashing and cleaning to support operations.
The restaurant is fully operational with an existing customer base and infrastructure in place. This offering provides a combination of an established business, functional building design, and a lakefront location. Do not approach the business.
The building is approximately 6,500 square feet and includes a 2,300 square foot outdoor patio overlooking the lake. The structure is built with Flexicore concrete floors and ceilings, providing long-term durability. The layout is open with clear span space, including front windows that fully open, more than ample storage, and features a separate area dedicated to dishwashing and cleaning to support operations.
The restaurant is fully operational with an existing customer base and infrastructure in place. This offering provides a combination of an established business, functional building design, and a lakefront location. Do not approach the business.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
7,880 SF
Building Class
C
Year Built
1952
Price
$3,137,752 CAD
Price Per SF
$398.19 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
1.02
Lot Size
0.18 AC
Zoning
B2
Parking
23 Spaces (2.92 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Waterfront
Fairly walkable
40/100
Moderately drivable
70/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 45-09-32-152-015.000-018 | Improvements Assessment | $677,482 CAD |
| Land Assessment | $49,795 CAD | Total Assessment | $727,276 CAD |
Property Taxes
Parcel Number
45-09-32-152-015.000-018
Land Assessment
$49,795 CAD
Improvements Assessment
$677,482 CAD
Total Assessment
$727,276 CAD
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