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+-5 AC/I65 INTERCHANGE/B3 HWY COM/HOBART IN 4728 61st Ave 5,921 SF Office Building Hobart, IN 46342 $883,757 CAD ($149.26 CAD/SF)
Investment Highlights
- Convenient access I65 & I-80/94-Flexible redevelopment owner-user potential
- Location features high traffic count, thriving surrounding commercial retail, restaurants, automotive businesses and industrial dev sites
- Utilities already to site- Great Signage- QSR perfect road frontage ingress-egress site
Executive Summary
±5 ACRE COMMERCIAL DEVELOPMENT OPPORTUNITY | NEAR I-65 | HOBART, IN
4728 W 61st Avenue, Hobart, IN 46342
Excellent opportunity to acquire approximately 5 acres of commercial property along W 61st Avenue near I-65 in Hobart, Indiana.
Positioned for redevelopment, investment, or future commercial use, the property combines a substantial land component with existing improvements and convenient interstate access.
PROPERTY HIGHLIGHTS
• Approximately 5 acres
• B-3 Highway Commercial zoning
• Approximately 165' of frontage on W 61st Avenue
• Excellent proximity to I-65 and I-80/94
• 4,800 SF (40' × 120') pole barn/shop in good, usable condition
• Approximately 3,300 SF former commercial builder's office building
• Former office is currently not habitable and requires substantial rehabilitation or may be considered for removal/redevelopment
• Existing shop/storage building provides potential interim or owner-user utility
• Commercial corridor location with convenient regional access
The property offers flexibility for a developer or investor seeking a commercial site in Northwest Indiana. The existing 4,800 SF pole barn provides usable shop and storage space, while the former office building offers a potential rehabilitation or redevelopment opportunity.
Potential uses should be independently verified with the City of Hobart and are subject to zoning, permitting, site-plan approval and other governmental requirements.
Ideal for developers, investors, commercial owner-users and businesses seeking a well-located Northwest Indiana site with interstate accessibility.
4728 W 61st Avenue, Hobart, IN 46342
Excellent opportunity to acquire approximately 5 acres of commercial property along W 61st Avenue near I-65 in Hobart, Indiana.
Positioned for redevelopment, investment, or future commercial use, the property combines a substantial land component with existing improvements and convenient interstate access.
PROPERTY HIGHLIGHTS
• Approximately 5 acres
• B-3 Highway Commercial zoning
• Approximately 165' of frontage on W 61st Avenue
• Excellent proximity to I-65 and I-80/94
• 4,800 SF (40' × 120') pole barn/shop in good, usable condition
• Approximately 3,300 SF former commercial builder's office building
• Former office is currently not habitable and requires substantial rehabilitation or may be considered for removal/redevelopment
• Existing shop/storage building provides potential interim or owner-user utility
• Commercial corridor location with convenient regional access
The property offers flexibility for a developer or investor seeking a commercial site in Northwest Indiana. The existing 4,800 SF pole barn provides usable shop and storage space, while the former office building offers a potential rehabilitation or redevelopment opportunity.
Potential uses should be independently verified with the City of Hobart and are subject to zoning, permitting, site-plan approval and other governmental requirements.
Ideal for developers, investors, commercial owner-users and businesses seeking a well-located Northwest Indiana site with interstate accessibility.
Taxes & Operating Expenses (Actual - 2026) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Taxes |
$188,051,017
|
$31,760.01
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$188,051,017
|
$31,760.01
|
Taxes & Operating Expenses (Actual - 2026)
| Taxes (CAD) | |
|---|---|
| Annual | $188,051,017 |
| Annual Per SF | $31,760.01 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $188,051,017 |
| Annual Per SF | $31,760.01 |
Property Facts
Sale Type
Owner User
Sale Condition
Redevelopment Project
Property Type
Building Size
5,921 SF
Building Class
C
Year Built
1953
Price
$883,757 CAD
Price Per SF
$149.26 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
5,921 SF
Building FAR
0.03
Lot Size
4.91 AC
Zoning
B-3 - B-3 Highway Commercial Zoning
Parking
15 Spaces (2.53 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Storage Space
1 1
Somewhat walkable
30/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 45-12-02-352-002.000-018 | Total Assessment | $893,845 CAD (2025) |
| Land Assessment | $767,364 CAD (2025) | Annual Taxes | $188,051,017 CAD ($31,760.01 CAD/SF) |
| Improvements Assessment | $126,481 CAD (2025) | Tax Year | 2026 Payable 2026 |
Property Taxes
Parcel Number
45-12-02-352-002.000-018
Land Assessment
$767,364 CAD (2025)
Improvements Assessment
$126,481 CAD (2025)
Total Assessment
$893,845 CAD (2025)
Annual Taxes
$188,051,017 CAD ($31,760.01 CAD/SF)
Tax Year
2026 Payable 2026
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+-5 AC/I65 INTERCHANGE/B3 HWY COM/HOBART IN | 4728 61st Ave
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