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Mariah Cressy

mariahcressy@cressyeverett.com +1(574) 339-4941

Listed by Williams Carpenter Realtors

$350,000

Est. payment - /mo

4 Beds

5 Baths

6,765 SqFt

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Key Details

Property Type Single Family Home

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 6,765 sqft

MLS Listing ID IRM202630677

Bedrooms 4

Full Baths 5

HOA Y/N No

Year Built 1918

Annual Tax Amount $5,862

Lot Size 0.360 Acres

Acres 0.36

Lot Dimensions Irregular

Property Sub-Type Other

Property Description

EXCEPTIONAL. VERSATILE. OPPORTUNITY. Rare opportunity to own TWO adjoining commercial properties in the heart of Medora, offering multiple income-producing spaces and outstanding flexibility for investors, entrepreneurs, or owner-operators. Together, these properties provide the unique opportunity to generate residential rental income while operating one or more businesses from a prime location. The first property features a fully equipped café, complete with a spacious dining area, separate commercial kitchen, restroom, and ample storage, making it ideal for continued restaurant or café operations. Attached to the café is a spacious THREE bedroom, TWO bathroom apartment featuring a bright living room, kitchen, dining area, laundry room, and fenced-in front yard. Also included is a studio apartment filled with natural light, offering an open living area, kitchen with generous cabinet space, and a bathroom with a stand-up shower. Recent improvements include a fire suppression system in the kitchen, all new electrical completed in 2021, all new plumbing completed in 2021, new flooring, and sealed concrete and brick. The second property is situated on a highly visible corner lot and features a spacious storefront with abundant natural light, creating a welcoming environment for customers and clients. Inside, you'll find a flexible open layout, a private office, beautiful hardwood flooring, and plenty of storage, making it well suited for retail, office, boutique, studio, or a variety of other commercial uses. Utilities are provided by Duke, Town of Medora Water, and Midwest Natural Gas. Whether you're looking to expand your investment portfolio, operate multiple businesses, or combine business ownership with residential rental income, this one-of-a-kind offering provides endless possibilities in a convenient location. With four distinct spaces across two properties, this exceptional package presents a rare opportunity to invest, live, work, and grow all in one location.

Location

State IN

Rooms

Basement Crawl Space

Interior

Heating Gas

Inclusions Building

Fireplace N

Exterior

View Y/N true

Total Parking Spaces 6

Building

Lot Description Irregular Lot

Story One

Sewer Public Sewer

Water City

Level or Stories One

New Construction No

Schools

Elementary Schools Medora

Middle Schools Medora

High Schools Medora

School District Medora Community School Corp.

Others

Pets Allowed No

Tax ID 36-53-34-104-072.000-004

Acceptable Financing IRM202630677

Listing Terms IRM202630677

Special Listing Condition None

Pets Allowed No

Virtual Tour https://www.propertypanorama.com/instaview/irmls/202630677

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Mariah Cressy

+1(574) 339-4941

Broker

6 & 22 W Main ST Medora, IN 47260

Mariah Cressy

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

Nearby Locations

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