Nappanee, IN Commercial Real Estate for Sale

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Two-Story Downtown Mixed-Use Building
Updated: Aug 14
Two-Story Downtown Mixed-Use Building

112 S Main Street, Nappanee, IN 46550

$420,000
0.07 AC lot
Approximately 4,200 SF total, including 2,700 SF commercial and 1,500 SF residential space
Two‑story brick building constructed in 1910
Upper‑level apartment renovated to the studs with new HVAC, kitchen, and bath
Updated electrical and plumbing serving both levels
New roof over the residential section and part of the commercial space
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Medical Office with Private Rooms
Updated: Jun 8
Medical Office with Private Rooms

102 W Market Street, Nappanee, IN 46550

$665,000
0.06 AC lot
Medical office at 102 W Market Street in Nappanee, IN
0.06‑acre site with attached signage and ADA‑compliant access
Reception and waiting area plus multiple private rooms
Updated plumbing, fiber optic internet, and two 200‑amp panels
Flat roof less than 5 years old
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High-Visibility Corner Office Building
High-Visibility Corner Office Building

102 W Market St, Nappanee, IN 46550

$665,000
4,644 sqft

Well-maintained office building currently built out as a dental office with reception, private rooms, and ADA-compliant restroom.

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Two-Story Mixed-Use Building
Two-Story Mixed-Use Building

112 S Main St, Nappanee, IN 46550

$420,000
5,700 sqft

Downtown property pairs commercial space with an updated apartment and separate access.

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Single-Tenant Manufacturing Facility
Single-Tenant Manufacturing Facility

501 S OAKLAND AVE, Nappanee, IN 46550

Contact for pricing
214,662 sqft 18.22 AC lot

Purpose-built industrial building with an active net lease, rail spur availability, and established tenant occupancy since 2020.

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Historic Round Barn Theater Complex
Historic Round Barn Theater Complex

1660 W Market Street, Nappanee, IN 46550

Contact for pricing
54,000 sqft 9.58 AC lot

Round Barn Theater seats nearly 400 and features a recently remodeled full professional stage.

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Manufacturing Property
Manufacturing Property

502 S Oakland Ave, Nappanee, IN 46550

Contact for pricing

Located in Nappanee, Indiana, within the greater Elkhart industrial market.

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Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 7 Active listings in Nappanee, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 65 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Light Industrial Flex Facility
Light Industrial Flex Facility

302 S Birkey St, Bremen, IN 46506

Contact for pricing
17,600 sqft

Industrial flex building with professional office space, 10 overhead doors, and 20-foot ceilings.

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Industrial Flex Buildings
Industrial Flex Buildings

302 S Birkey St, Bremen, IN 46506

Contact for pricing
17,600 sqft

Two newer industrial buildings include professional-quality office space and 10 overhead doors with 20 ft clear ceiling heights.

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Level Commercial Development Land
Level Commercial Development Land

V.L. Lighthouse Lane, Goshen, IN 46526

$475,000
3.13 AC lot

Level B-3 PUD-zoned site with substantial road frontage for commercial development.

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Commercial Development Land
Commercial Development Land

V.L. Lighthouse Lane, Goshen, IN 46526

$195,000
0.88 AC lot

Commercial land positioned within a medical, office, and residential corridor.

View details

Off-Market Properties in Nappanee, IN

Consider similar Off-Market properties in Nappanee, IN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

24332 Us Hwy 6th 6
COMMERCIAL (GENERAL)

24332 Us Hwy 6th 6, Nappanee, IN 46550-9214

Estimated value:
$240,000
15.00 AC lot
View details
102 Heritage Pkwy
OFFICE (GENERAL)

102 Heritage Pkwy, Nappanee, IN 46550-1156

Estimated value:
$265,000
6,776 sqft 0.72 AC lot
View details
100 Family Fare Dr
RESTAURANT

100 Family Fare Dr, Nappanee, IN 46550

Estimated value:
$240,000
0.43 AC lot
View details
1530 Market St
RETAIL STORES (PERSONAL SERVICES)

1530 Market St, Nappanee, IN 46550-2306

Estimated value:
$785,000
19,283 sqft 3.01 AC lot
View details
1530 Market St
RETAIL STORES (PERSONAL SERVICES)

1530 Market St, Nappanee, IN 46550-2306

Estimated value:
$285,000
9,098 sqft 1.15 AC lot
View details
105 Main St
VACANT COMMERCIAL LAND

105 Main St, Nappanee, IN 46550-1937

Estimated value:
$130,000
1,372 sqft 0.03 AC lot
View details
105 Main St
RETAIL STORES (PERSONAL SERVICES)

105 Main St, Nappanee, IN 46550-1916

Estimated value:
$270,000
4,048 sqft 0.07 AC lot
View details
101 Main St
COMMERCIAL (GENERAL)

101 Main St, Nappanee, IN 46550-1916

Estimated value:
$305,000
17,424 sqft 0.04 AC lot
View details
70535 County Rd 11
OFFICE (GENERAL)

70535 County Rd 11, Nappanee, IN 46550-9418

Estimated value:
$490,000
29,014 sqft 2.33 AC lot
View details
71375 County Rd 100
MANUFACTURING (LIGHT)

71375 County Rd 100, Nappanee, IN 46550-9474

Estimated value:
$635,000
12,000 sqft 10.00 AC lot
View details
357 Nappanee St
MEDICAL BUILDING

357 Nappanee St, Nappanee, IN 46550-1625

Estimated value:
$265,000
3,342 sqft 0.22 AC lot
View details
1415 Us Hwy 6th 6
STORAGE YARD, OPEN STORAGE

1415 Us Hwy 6th 6, Nappanee, IN 46550-9538

Estimated value:
$150,000
960 sqft 0.15 AC lot
View details
159 12th E Lincoln St
RETAIL STORES (PERSONAL SERVICES)

159 12th E Lincoln St, Nappanee, IN 46550-2131

Estimated value:
$285,000
7,000 sqft 0.30 AC lot
View details
Walnut St
PARKING LOT

Walnut St, Nappanee, IN 46550

Estimated value:
$260,000
0.40 AC lot
View details
252 Market St
RETAIL STORES (PERSONAL SERVICES)

252 Market St, Nappanee, IN 46550-1940

Estimated value:
$545,000
38,194 sqft 0.43 AC lot
View details
Lincoln St
PARKING LOT

Lincoln St, Nappanee, IN 46550

Estimated value:
$255,000
0.07 AC lot
View details
154 Market St
OFFICE (GENERAL)

154 Market St, Nappanee, IN 46550-2130

Estimated value:
$255,000
2,618 sqft 0.07 AC lot
View details

Nappanee, IN Commercial Real Estate Market Trends and Statistics

Explore 72 commercial real estate for sale in Nappanee, IN, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 279,006 square feet of properties for sale, with an estimated market value of $2,170,000.

Sale prices for business properties in Nappanee, IN start at $420,000, averaging $542,500, and reaching up to $665,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 12K
Population Growth (5Y) -2.7%
Median Household Income $80,403
College Educated 11.5%

High-Yield Neighborhoods for Investment

Identify Nappanee submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
46550 $381K

Taxes & Financing

Tax Rate (average for all types) 2.47%
Property Tax per SF $37.19 per SF
Tax Rate vs County Average 0.04 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Elkhart County

New Delisted

Total CRE Inventory on Market (SF)

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