About 230 Main Street
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.
Features of 230 Main Street
| MLS® # | 835785 |
|---|---|
| Price | $1,600,000 |
| Bathrooms | 0.00 |
| Square Footage | 10,000 |
| Acres | 0.20 |
| Year Built | 1934 |
| Type | Commercial Sale |
| Sub-Type | Business |
| Status | Active |
Community Information
| Address | 230 Main Street |
|---|---|
| Subdivision | Art Theatre Sub |
| City | Hobart |
| County | Lake |
| State | IN |
| Zip Code | 46342 |
Amenities
| Utilities | Cable Available, Water Connected, Water Available, Underground Utilities, Sewer Connected, Sewer Available, Natural Gas Connected, Electricity Connected, Electricity Available, Cable Connected |
|---|---|
| Is Waterfront | No |
| Waterfront | Lake Front |
| Has Pool | No |
Interior
| Appliances | Dishwasher, Water Heater, Stainless Steel Appliance(s), Range Hood, Other, Gas Water Heater, Gas Range, Freezer |
|---|---|
| Heating | Forced Air |
| Fireplace | No |
| Has Basement | Yes |
| Basement | Bath/Stubbed, Partially Finished |
Additional Information
| Date Listed | March 20th, 2026 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
Listing Details
| Agent | David Spillane |
|---|---|
| Office | Berkshire Hathaway HomeService |