Tavern on the Lake

200 Main Street, Hobart, IN 46342

Property Information

  • For Sale $2,300,000
  • Property Type Retail - Restaurant
  • Property Size 6,500 SF
  • Lot Size 0.18 Acre
  • Year Built 1952
  • Year Renovated 2023
  • Date Updated May 12, 2026

Description

The property is located in the City of Hobart, a well-established Northwest Indiana community known for its historic downtown, lakefront amenities, and proximity to the greater Chicago MSA. Hobart continues to see new investment and economic growth, highlighted by a planned $15 billion Amazon data center campus under construction, expected to bring significant tax revenue, infrastructure investment, and long-term job creation to the area. Positioned within downtown Hobart, the property benefits from a highly walkable environment with immediate access to local shops, restaurants, and community gathering spaces. The site sits directly along Lake George and is supported by nearby public parking, allowing for convenient access for both patrons and visitors without reliance on dedicated on-site parking. The surrounding area includes multiple parks and public spaces adjacent to the property, reinforcing the location as a recreational and lifestyle destination. The combination of lakefront access, downtown walkability, and ongoing economic development makes this location well positioned for continued long-term demand.Tavern on the Lake in Hobart, Indiana offers an opportunity to acquire an operating, profitable restaurant located directly on Lake George. The property benefits from its waterfront setting and established presence in the market, drawing consistent traffic from both local patrons and visitors to the downtown area. The building is approximately 6,500 square feet and includes a 2,300 square foot outdoor patio overlooking the lake. The structure is built with Flexicore concrete floors and ceilings, providing long-term durability. The layout is open with clear span space, including front windows that fully open, more than ample storage, and features a separate area dedicated to dishwashing and cleaning to support operations. The restaurant is fully operational with an existing customer base and infrastructure in place. This offering provides a combination of an established business, functional building design, and a lakefront location. Do not approach the business.

Highlights

  • Fully Built-Out operating successful restaurant
  • New roofs, floors, plumbing and windows
  • Overlooking Lake George
  • Popular restaurant with great sales-ask Broker for additional details
  • Sale includes business and all FF&E
  • Seating for 163 inside; Outdoor patio seats 90

Contacts

Brett McDermott

Latitude Commercial

Location

Contact Listing Broker
Brett McDermott

Latitude Commercial

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