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Listed by Tina Coons • RE/MAX Real Estate Groups • Cell: 765-744-6493
$ 99,900
Est. payment | /mo
4,094 Sqft Lot
$ 99,900
Est. payment | /mo
4,094 Sqft Lot
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 202543883
Year Built 1956
Annual Tax Amount $857
Tax Year 2025
Lot Size 4,094 Sqft
Property Sub-Type Mixed Use
Property Description
Investor Opportunity! Expand your portfolio with this versatile mixed-use property offering two commercial storefronts and a 2-bedroom apartment, creating multiple income-producing possibilities under one roof. The main level features two retail spaces, each with its own showroom, restroom, and storage area. The units are currently connected, allowing for one larger business operation, but can easily function as separate storefronts to maximize rental income and tenant flexibility. Upstairs, the spacious 2-bedroom apartment includes a comfortable living room, kitchen with washer and dryer hookups, one full bath, and includes the electric range and refrigerator. The apartment is currently rented for $550 per month, providing immediate income. (Window air conditioning unit is not included.) The upper-level tenant currently pays the water bill for the entire building. Additional features include gas forced-air heat and central air for the commercial level, an electric water heater, a durable metal roof, some newer replacement windows, and security camera system. Whether you're looking to occupy one storefront while collecting rental income, lease all three units for maximum cash flow, or establish your business with built-in investment potential, this well-maintained property offers outstanding flexibility and long-term value. Don't miss this opportunity to own a quality commercial building with multiple income streams!
Location
State IN
County Blackford County
Area Blackford County
Zoning B-1 Business District
Direction SR 3 to HC to Washington St then east to property
Interior
Flooring Concrete
Appliance Building
Laundry , 8
Exterior
Fence None
Roof Type Metal
Total Parking Spaces 8
Building
Story 2
New Construction No
Others
Financing Cash,Conventional
Virtual Tour https://property-mls.hoosierpropertymedia.com/68fb9331658a6b61e1f66f55-ut
IDX information provided by the Indiana Regional MLS
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