Save
Ask
Tour
Hide
Share
$2,000,000
27 Days On Site

230 Main Street
Hobart, IN 46342

For Sale|Business|Active
0
Beds
0
Total Baths
10,000
SqFt
$200
/SqFt
1934
Built
Subdivision:
Art Theatre Sub
County:
Lake
Listing courtesy of David Spillane of Berkshire Hathaway HomeService dspillane@bhhschicago.com as distributed by MLS GRID
230 Main Street230 Main Street230 Main Street230 Main Street
Save
Ask
Tour
Hide
Share

Mortgage Calculator

Monthly Payment (Est.)

$9,125
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2026 Information is deemed reliable but not guaranteed.

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.

Save
Ask
Tour
Hide
Share
Listing Snapshot
Price 
$2,000,000
Days On Site 
27 Days
Bedrooms 
N/A
Inside Area (SqFt) 
10,000 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.202 Acres
Year Built 
1934
MLS® Number 
835785
Status 
Active
Property Tax 
$10,169
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Estimated
Friends & Family
Recent Activity
4 weeks agoListing updated with changes from the MLS®
4 weeks agoListing first seen on site
General Features
Acres 
0.202
Additional Property Use 
See Remarks
Building Features 
Private RestroomsMixed UseBusiness District Location
Number Of Stories 
2
Property Sub Type 
Business
Sewer 
Public Sewer
Utilities 
Cable AvailableWater ConnectedWater AvailableUnderground UtilitiesSewer ConnectedSewer AvailableNatural Gas ConnectedElectricity ConnectedElectricity AvailableCable Connected
Water Source 
Public
Interior Features
Appliances 
DishwasherWater HeaterStainless Steel Appliance(s)Range HoodOtherGas Water HeaterGas RangeFreezer
Basement 
Bath/StubbedPartially Finished
Cooling 
Central AirZonedCeiling Fan(s)
Electric 
100 Amp Service200+ Amp Service
Heating 
Forced Air
Save
Ask
Tour
Hide
Share
Exterior Features
Construction Details 
OtherStucco
Lot Features 
Waterfront
Roof 
Asphalt
View 
City
Waterfront 
Yes
Waterfront Features 
Lake Front
Waterview 
City
Community Features
Financing Terms Available 
CashConventional
Township 
Hobart
Listing courtesy of David Spillane of Berkshire Hathaway HomeService dspillane@bhhschicago.com as distributed by MLS GRID



Listing information is provided by Participants of the Greater Northwest Indiana Association of REALTORS MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2026, Greater Northwest Indiana Association of REALTORS MLS.

Based on information submitted to the MLS GRID as of 2026-04-16 09:50 PM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
Save
Ask
Tour
Hide
Share