10,000 sqft

$1,600,000

230 Main Street, Hobart IN, 46342

Price per sqft$160.00

Built in1934

Property size10,000 sqft

Property typeCommercial

Overview

Active

Listed Mar 20, 2026

Updated Jun 26

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.

Additional information

MLS^® ID: 835785

Interior Features

Heating: Yes
Basement: Yes

Exterior Features

Lot Size: 0.2 Acres

Other Property Details

Taxes: $10,169
Tax Frequency: Annually
View: Yes
Waterfront: Yes

Courtesy of Berkshire Hathaway HomeService, David Spillane,
Listing Contact: (773) 681-1364

Listings courtesy of Northwest Indiana REALTOR Association as distributed by MLS GRID

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Simplify Your Move Realty, Inc. shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Properties displayed may be listed or sold by various participants in the MLS.

Based on information submitted to the MLS GRID as of 3:56 AM UTC on 6/26/2026. 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.

DMCA Notice