1 Confidential AveHobart, IN 46342

Property Details for 1 Confidential Ave

Year built

1930

Lot size

0.33 AC

Property size (Sq ft)

2,284 SF

Property type

Specialty properties

Property subtype

Parking lots & garages

Description

This exceptional investment opportunity presents a 2,284-square-foot, single-story garage building situated on a 0.33-acre lot in Hobart, Indiana. Constructed in 1930, the property boasts 100% occupancy and is currently utilized as an auto dealership and rental car business. The sale includes both the real estate and the established business, offering a unique chance for an operator to acquire a turnkey operation with significant growth potential. The asking price is $800,000, translating to $350.26 per square foot. The seller is offering favorable financing terms, including floor plan financing, to facilitate a smooth transition. A key staff member will assist with the transition, ensuring operational continuity. The business benefits from a dedicated team of six experienced employees, contributing to its efficient operational structure and low overhead. This presents a rare opportunity to acquire a well-established business with a strong community presence and a solid foundation for future success. The property's long-term stability is further enhanced by the inclusion of the real estate in the sale. The seller, after over five decades of operation, is seeking retirement, making this a compelling acquisition for a buyer seeking both a business and a valuable real estate asset.

Location Insight

City

Hobart

County

Lake

State

Indiana

Latitude

41.5083

Longitude

-87.2419

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].