234-244 E Main ST, Gas City, IN 46933-1456
234-244 E Main ST, Gas City, IN 46933-1456
234-244 E Main ST, Gas City, IN 46933-1456
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Mariah Cressy

Mariah Cressy

+1(574) 339-4941
Listed by Crandall Real Estate Group
$995,000
Est. payment /mo
8 Beds
15 Baths
19,000 SqFt
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UPDATED:

Key Details

Property Type Single Family Home

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 19,000 sqft

MLS Listing ID IRM202624020

Bedrooms 8

Full Baths 8

Half Baths 7

HOA Y/N No

Year Built 1906

Annual Tax Amount $11,216

Tax Year 2025

Lot Size 0.470 Acres

Acres 0.47

Lot Dimensions 132X132

Property Sub-Type Other

Property Description

Step into opportunity and own a remarkable piece of Indiana history in the heart of downtown Gas City! This stately brick multi-use building combines timeless architectural character with exciting potential for the right investor. The ground floor is home to six attractive storefronts, all fully leased to a variety of businesses including professional offices, a beauty salon, and a sports academy. Above, the second story showcases historic residential apartments with soaring 14-foot ceilings, exposed brick, and hardwood floors that exude charm and character. Of the 12 possible units, 8 have already been thoughtfully renovated and are occupied, while the remaining 4 stand ready for transformation—an excellent opportunity for investors looking to increase cash flow and add long-term value. Even better, the unfinished lofts will now feature a brand-new flat roof—setting the stage for a smoother renovation process. Recent updates add peace of mind, including reinforced foundation, separately metered storefronts, updated commercial front doors and windows, and the convenience of an on-site parking lot. The building's prime downtown location places it within walking distance of City Hall, the public library, coffee shops, restaurants, and other local favorites—making it a central hub for business and community life. Whether you're an experienced investor or looking for your next project, this property combines historic charm, modern updates, and outstanding upside—all in one exceptional downtown package. Don't miss your chance to shape the next chapter of this Gas City landmark.

Location

State IN

Rooms

Basement Crawl Space

Interior

Heating Gas

Inclusions Building, Land, Lease

Fireplace N

Exterior

View Y/N true

Total Parking Spaces 22

Building

Lot Description Corner Lot

Story Two

Sewer Public Sewer

Water City

Level or Stories Two

New Construction No

Schools

Elementary Schools Westview/Northview

Middle Schools R J Basket

High Schools Mississinewa

School District Mississinewa Community School Corp.

Others

Pets Allowed No

Tax ID 27-07-34-302-028.000-018

Monthly Total Fees $10, 000

Acceptable Financing IRM202624020

Listing Terms IRM202624020

Special Listing Condition None

Pets Allowed Yes

Virtual Tour https://www.propertypanorama.com/instaview/irmls/202624020

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Indiana Regional MLS (IRMLS)
IDX information provided by the Indiana Regional MLS. © 2026 Listings courtesy of Indiana Regional MLS as distributed by MLS GRID. All Rights Reserved.

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Mariah Cressy

Mariah Cressy

+1(574) 339-4941

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