OLO Hobart Commercial Real Estate - Min. Bid $79,900 | Live and Online Auctions on HiBid.com

Online Only Commercial Real Estate Auction Bidding Begins to Close September 18th @ 5:30pm CDT Located at 3649 Illinois Street Hobart, IN. Take the opportunity to buy a commercial property right on busy Ridge Road in Hobart at auction! Originally built in 1932, this single story block commercial building has 3,674 square feet of space, retail area, storage area and shop working area with overhead doors. Shop also has a half bath, and shelving in place for the new owner. Also there is a fenced area for outdoor storage, and a paved parking lot. The building sets on a 90' x 90' lot. This building for many decades was the home to a successful automotive race shop, and now is the opportunity for the next individual to build or expand their business there. Only minutes from I-65, 80/94, and downtown Hobart, this locatiion is perfect for your business! Taxes 2023 Pay 2024: $3354.52 (best estimate based on new property survey and parcel split taxed at 3% with no exemptions). Minimum Opening Bid: $79,900.00 "Sells to the highest bidder at or above opening bid!" Open House: Friday September 6th 12pm-2pm. Can't make it? Call for a private showing. Owner: Dominian Holdiings LLC General Terms: $10,000 non-refundable down payment immediately after the sale, sold as-is, closing in 30 days, possession at closing, warranty deed, taxes pro-rated and final to day of closing, published minimum bid $79,900, and subject to a 10% buyer's premium. Buyer broker participation is welcome. Kraft Real Estate Auctions, LLC - AC31900011 Col. Conrad Kraft- AU01023657 Jonathan Kraft – AU10500173 Managing Broker: Jay Mayden 219-973-9240 ~ Info@KraftAuctions.com KraftAuctions.com