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Listed by F.C. Tucker West Central
$164,900
Est. payment /mo
1 Bath
2,613 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID IRM202630662
HOA Y/N No
Year Built 1939
Annual Tax Amount $542
Tax Year 2026
Lot Size 2,613 Sqft
Acres 0.06
Lot Dimensions .06 acre
Property Sub-Type Mixed Use
Property Description
Investment opportunity with multiple income-producing possibilities! This versatile downtown commercial building offers a blend of office, retail, warehouse, and future residential potential, making it an ideal addition to an investor's portfolio or owner-user opportunity. The finished front portion of the main level is currently leased as professional office space but was previously utilized as a retail storefront, offering flexibility for a variety of business uses. The space features a welcoming reception/conference area, three private offices, a kitchenette/break room, restroom, and large storefront windows providing excellent visibility and natural light. The rear portion of the main level is separately rented as warehouse/storage space with ample room for inventory, equipment, or workshop use, creating an additional income stream. Upstairs is currently unfinished and ready for your vision. With its open layout and historic character, the second floor presents an excellent opportunity to renovate into apartments, loft-style living spaces, additional offices, or continue using it as storage. The building's flexible layout allows for numerous possibilities to maximize value and income. Whether you're looking for an investment property with existing rental income or a building with room to expand and add value, this property offers the versatility and potential you've been searching for.
Location
State IN
Rooms
Basement Full
Interior
Heating Forced Air
Inclusions Building, Lease
Fireplace N
Exterior
Parking Features Heated, Off Street, On Street
Fence PVC
View Y/N true
Building
Sewer Public Sewer
Water City
New Construction No
Others
Pets Allowed No
Tax ID 86-12-02-340-429.000-016
Acceptable Financing IRM202630662
Listing Terms IRM202630662
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/irmls/202630662
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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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