Hobart, IN 46342 230 Main Street

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Presented By: David Spillane with Berkshire Hathaway HomeService - (269) 469-8300;
  • MLS# 835785
  • 03/20/2026
  • Get pre-approved
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  • SQFT • 10,000

Home Details

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.
Presented By: David Spillane with Berkshire Hathaway HomeService - (269) 469-8300;

General for 230 Main Street

AppliancesDishwasher, Water Heater, Stainless Steel Appliance(s), Range Hood, Other, Gas Water Heater, Gas Range, Freezer
Building FeaturesPrivate Restrooms, Mixed Use, Business District Location
CityHobart
CountyLake
DirectionsLocated in downtown Hobart on Main Street between 2nd St and 3rd St. Property sits on the south side of Main St. From I-65, take Exit 253 (61st Ave) east to Main St, then head north into downtown Hobar
Electric100 Amp Service, 200+ Amp Service
HeatingForced Air
Legal DescriptionART THEATRE SUB. LOT 1
Listing TermsCash, Conventional
Lot Size Square Feet8799
OwnerPaysAll Utilities
Property SubtypeBusiness
Property TypeCommercial Sale
SewerPublic Sewer
Standard StatusActive
StatusActive
Subdivision NameArt Theatre Sub
Tax Annual Amount10169
Tax Year2024
TownshipHobart
UtilitiesCable Available, Water Connected, Water Available, Underground Utilities, Sewer Connected, Sewer Available, Natural Gas Connected, Electricity Connected, Electricity Available, Cable Connected
ViewCity
Waterfront FeaturesLake Front
Year Built1934

Exterior for 230 Main Street

Lot Size Acres0.202
Lot Size SourceAssessor
Total Parking0
Water SourcePublic
Waterfront Y/NYes

Additional Details

Price History

Tam Huynh

Realtor
Price $1,600,000
MLS#835785
List Date 03/20/2026
Property Type Commercial
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