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Medical Office with Private Rooms
For Sale
$665,000

102 W Market Street, Nappanee, IN 46550

COMMERCIAL, Nappanee, IN

Property SizeContact for details
Lot Size0.06 Acres
Days on Market92

Property Features for 102 W Market Street

General Information

Property type Commercial Sale
Property subtype Office
Rooms Basement
Parking features Offsite
Directions at the corner of Market st (US 6) and Elkhart st (SR 19)
Subdivision Elkhart County
Standard status Active
APN 20-13-36-284-021.000-021
Lot size 0.06 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description FAHLSTROMS 1ST LOT 1 (TIF 80) FAHLSTROMS 1ST LOT 2 (TIF 80)
Tax Annual Amount 6346
Legal Description FAHLSTROMS 1ST LOT 1 (TIF 80) FAHLSTROMS 1ST LOT 2 (TIF 80)

Utilities

Cooling system Central Air

Amenities

attached signage
ADA-compliant access
reception/waiting area
multiple private rooms
updated plumbing
fiber optic internet
two 200-amp panels
modern floor structure

Building Details

Year built 1937
Flooring type Vinyl, Carpet
Roof type Flat
Listing Agency: Keller Williams Realty Group
Listed By: Chad Martin · License #RB16000735
Added: Jun 8 Changed: Aug 28 Last Checked: Sep 7 at 4:06PM
MLS# 202622183

Copyright © 2026 Elkhart County Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This medical office property in Nappanee provides a reception and waiting area, multiple private rooms, a basement, vinyl and carpet flooring, and central air. The building includes updated plumbing, fiber optic internet, two 200-amp electrical panels, and a modern floor structure. A flat roof installed less than 5 years ago and rooftop HVAC units approximately 10 years old add to the property’s physical profile.

Located at 102 W Market Street, the building offers attached signage and ADA-compliant access. Offsite parking is identified, and the property was built in 1937. It is currently used as a dental office, while a deed restriction prohibits dental office use for 30 years. The seller requires rent-back through completion of a new nearby building.

Key Highlights

  • 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

Property Analytics

Current Use

Topping Dental Group, ... Dental Office

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Spa & Massage Center Nail Salon Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

361
Businesses Nearby
Under-served
Demand for This Use

Demographics for 46550, IN

12,679
Population
4,656
Households
2.7
Avg Household Size
32
Median Age
9%
College-Educated
72%
High-School Grad
71.6 sq mi
ZIP Area
177
Density / Sq Mi
$80,403
Median Household Income
$42,843
Median Earnings
$867
Median Rent
$232,300
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
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Similar Off Market Nearby

  • Nappanee Veterinary Hospital 151 W Lincoln St, Nappanee, IN 46550

Frequently Asked Questions

What type of property is this?
Medical Office Space - Professional commercial space with ADA access, attached signage, updated plumbing, and a reception area serving multiple private rooms.
Where is this medical office space located?
The property is located at 102 W Market Street Nappanee, IN.
What is the asking price?
The asking price for this property is $665,000.
What are key features of this property?
This property features: 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
More about this property
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