This Land Property is no longer advertised on LoopNet.com.

1403-1501 S Lake Park Ave
Hobart, IN 46342
Land For Sale · 1.40 AC

Investment Highlights

  • Three separate outlots available near St. Mary's Medical Center
  • Ample parking per outlot
  • Ability to sell individually or all three together
  • Acreage ranges from 0.41-0.57
  • Great exposure with a diverse mix of tenants in The Pavilions

Property Facts

Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • General Freestanding
  • Strip Center
Total Lot Size 1.40 AC
Zoning PUD - Planned Development

Description

Three separate outlots now available for sale! The outlots range from 0.41 acres to 0.57 acres with numerous parking spaces per lot. The available land is able to be packaged together or individually. The Pavilions retail plaza is strategically located directly across the street from St. Mary's Medical Center with over 2,000 employees and just a few miles east of access to Chicago via I-65. This center has a diverse mix of tenants ranging from retail to office users. With multiple pylon signs at the property and traffic counts near 15,000 VPD on Lake Park Avenue (St. Rd 51) this property offers great exposure for any business. Hobart is a city in Lake County, Indiana, United States. The population was 29,059 at the 2010 census. It has been historically primarily residential, though recent annexation has added a notable retail corridor to the city. Hobart is home to the super-regional Southlake Mall near the intersection of U.S. Route 30 and Interstate 65. and many surrounding retailers and restaurants, although most businesses along the south side of Hobart are required to list their addresses as Merrillville. This area was historically an unincorporated section of Ross Township prior to a 1993 annexation by the city of Hobart and is served by the Merrillville post office.

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 45-13-05-301-037.000-018
  • 45-13-05-301-038.000-018
  • 45-13-05-301-039.000-018
Land Assessment
$297,400
Improvements Assessment
$28,200
Total Assessment
$325,600
  • Listing ID: 27339640

  • Date on Market: 12/19/2022

  • Last Updated:

  • Address: 1403-1501 S Lake Park Ave, Hobart, IN 46342

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