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1403-1501 LAKE PARK AVENUE Hobart IN 46342-6635

[Locked] • APN 45-13-05-301-001.000-018

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Details
Property Type Land, Office (+1)
Sub Type Commercial, Executive Office
Building SqFt 17,524
Lot SqFt 79,514
Acreage ******
Zoning Code PUD
Year Built 2002
Building Count 1
Opportunity Zone No
Lease Rate ******
Lease Type ******
Mortgage Amount ******
Mortgage Term ******
Interest Rate ******
Mortgage Recording Date ******
Lender Name ******

Property History

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Property Type
Property Type
Retail, Office, Land
Property Subtype
Commercial, Executive Office
Marketing 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.

Investment Highlights
  • Three separate outlots available near St. Mary's Medical Center
  • Acreage ranges from 0.41-0.57
  • Ample parking per outlot
  • Great exposure with a diverse mix of tenants in The Pavilions
  • Ability to sell individually or all three together
  • The Pavilions of Hobart located on Lake Park Avenue
  • Directly across from St. Mary's Medical Center (2,000+ employees & largest regional hospital)
  • Signage available on Lake Park Avenue
  • Aggressive rental rates
  • Wide range of tenants currently occupying The Pavilion including Subway, Schoop's, ATI Physical Therapy, St. Mary's Hospital Clinic and more
  • People's Bank and Dunkin' coming soon to The Pavilion's

Loan History

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Financial History

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****** Data
Net Operating Income
******
Reporting Date
******
Revenue
******
Expenses
******
Mortgage Payment
******
Cash Flow
******

Tax History

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Contact Information

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Ownership Information

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Zoning

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PUD PlannedPlanned Unit Development
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View all 1 uses
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Last updated May 12, 2026 For deeper zoning details, reports are available at Zoneomics

Property Details

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Contacts

Listing removed on
 BY:
BM
Brett McDermott, CCIM PRO
•••.•••.0200
••••••mott@••••••••••.com
Brokerage logo
Listing removed on
 BY:
MR
Myles Rapchak PRO
•••.•••.0200
••••chak@••••••••••.com
Brokerage logo
Listing removed on
 BY:
JO
John O'Malley
•••.•••.0200
••••lley@••••••••••.com
Brokerage logo

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