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Listed by Trey Forbes • Weichert Realtors - Hoosier Heartland
$419,900
Est. payment /mo
7,840 Sqft Lot
Active
214 & 218 S Main Street Kendallville, IN 46755
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Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 202625389
Abv Grd Liv Area 1,420
Year Built 1900
Annual Tax Amount $5,133
Lot Size 7,840 Sqft
Property Sub-Type Mixed Use
Property Description
Excellent investment opportunity in the heart of downtown Kendallville! This mixed-use commercial building offers a fantastic blend of retail and residential income potential. The main level features two commercial storefronts, providing excellent visibility and exposure along a high-traffic downtown corridor. The upper level includes three occupied apartments, consisting of two 1-bedroom, 1-bath units and one spacious 4-bedroom, 1-bath unit, creating multiple income streams. One of the commercial spaces is currently owner-occupied and will be available at closing, presenting an excellent opportunity for an owner-user or investor to lease the space at market rent and increase future income potential. The second commercial space and all three residential units are currently leased. Conveniently located within walking distance of local restaurants, shops, and community events, this property offers a rare opportunity to own a well-maintained mixed-use building in Kendallville's growing downtown district. Whether you're looking to expand your investment portfolio or establish your own business while generating rental income, this property offers exceptional versatility and long-term upside. Don't miss your opportunity to invest in one of downtown Kendallville's premier mixed-use properties!
Location
State IN
County Noble County
Area Noble County
Direction South on Main street to property
Interior
Flooring Carpet, Wood, Tile, Vinyl
Appliance Building, Land, Lease
Laundry , 20
Exterior
Fence None
Roof Type Rolled,Rubber
Total Parking Spaces 20
Building
Story 2
New Construction No
Others
Financing Cash,Conventional
Virtual Tour https://www.propertypanorama.com/instaview/irmls/202625389
IDX information provided by the Indiana Regional MLS
NEARBY SCHOOL & BUSINESS
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