Listing provided courtesy of Listing Leaders Stately, LLCNorthwest Indiana MLSas Distributed by MLSGrid- MLS# 839781MLS Provider

3649 Michigan StreetHobart, IN 46342

Commercial · 3,852 Sq. ft. | 0.30 Acres
$850,000 Active

3649 Michigan Street Overview

Time on Site:
31 days
Visits:
0

Prime Commercial Opportunity in Hobart! This 3,852-square-foot masonry commercial building is ideally suited for automotive service, repair, fleet operations, or a variety of commercial uses. Situated on approximately 0.30 acres with extensive paved parking and storage areas, the property offers excellent functionality and visibility along Michigan Street. The building features dedicated office space, multiple service areas, public utilities, and a flexible layout to accommodate a wide range of business operations. Conveniently located with easy access to major highways, industrial corridors, and surrounding communities, this well-positioned property presents an exceptional opportunity for owner-users or investors seeking a strategic commercial location. Don't miss the chance to establish or expand your business in this highly accessible Lake County location.

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3649 Michigan Street Facts & Features

  • Type Commercial
  • Sq. ft. 3,852
  • Price/Sq.ft. $221
  • Lot 0.30 Acres

Details

General

Building Information

  • Year Built: 1975

Location/Region

  • County Or Parish: Lake
  • Subdivision Name: New Chicago
  • Township: Hobart

Tax Information

  • Tax Annual Amount: 5041
  • Tax Year: 2024

General Information

  • Listing Terms: Cash,Conventional
  • Parcel Number: 450919379010000022
  • Property Sub Type: Business
  • Property Type: Commercial Sale
  • Special Listing Conditions: None

Interior

Building Interior

  • Building Area Source: Assessor

General Information

  • Basement: false
  • Building Features: Public Restrooms,Hydraulic Lift
  • Electric: 100 Amp Service
  • Heating: Natural Gas
  • Living Area: 3852

Exterior

Parking Information

  • Parking Total: 30

Lot Information

  • Additional Parcels: false
  • Lot Size Acres: 0.303
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 13199
  • Water Source: Public

Waterfront/View

  • View: City
  • Waterfront: false

General Information

  • Sewer: Public Sewer
  • Utilities: Electricity Connected,Water Connected,Sewer Connected,Natural Gas Connected

3649 Michigan Street Neighborhood

Community

46342 (HOBART) Demographics

39
Median Age
873
Population Density (per sq. mile)
33%
College Educated
$64,279
Estimated Median Income
9,396
Estimated Total Home Owners
2,586
Estimated Total Renters
78% / 22%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

3649 Michigan Street Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

3649 Michigan Street Market Data

Based on the last 30 days in this zip code

$298,301
Average List Price
$167
Average Price per Square Foot
36
Properties Sold
65
Average Days on Market
143
Properties for Sale
Calculations provided by Reliance Network

3649 Michigan Street History

Date Event Value Agent
6/18/2026Source: Northwest Indiana MLS Price Reduction
$850,000 -5.5%
5/29/2026Source: Northwest Indiana MLS Added to Database
May 29, 2026