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    114 E Main St North Manchester, IN 46962

    For Sale
    $157,900

    Retail - North Manchester, IN

    Type:Retail
    Lot size:
    0.08 Acres
    Days on Market:
    17
    Last Refresh:
    Dec 6 at 6:06 am

    Property Features for 114 E Main St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Retail
    Standard status
    Active
    Rooms
    Bathroom 1, Bathroom 2
    Bathrooms
    2
    APN
    85-07-05-201-048.000-002
    Interior features
    Other, Living Space, Basement, Display Window(s), Office Space, Clear Span
    Exterior features
    Living Space, Basement, Display Window(s), Office Space, Clear Span
    Lot size
    0.08 Acres

    Utilities

    Heating system
    Hot Water (Heating), Radiant

    Building Details

    Year built
    1910
    Floors in Building
    2
    Flooring type
    Laminate, Wood
    Building materials
    Brick
    Roof type
    Rubber
    Architectural style
    Other

    Tri Oaks Realty (260) 982-2336

    Listing agent Keli Cordill (260) 982-2336 License #RB20000078

    Listing date Nov 20, 2025

    MLS# 202539337 Listing URL

    Copyright © 2025 Upstate Alliance of REALTORS® Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    North Manchester Retail and Apartments

    Located in downtown North Manchester, this property features a retail space on the main level and two apartments on the upper level. The retail showroom area measures 76 feet by 18 feet, providing a large space for businesses on a busy Main Street. The front apartment on the upper level has been fully renovated and includes 2 bedrooms, 1 bathroom, and a large open kitchen and living room; it is currently renting for $850 per month. The rear apartment requires finishing but is expected to provide additional rental income. The building had an electrical upgrade in the Spring of 2025, including upgraded wiring, breaker box, and meter boxes. The retail space and both apartments have separate electric meters. Large display windows are present in the front for retail displays. The property is being sold AS IS.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Thorne Insurance Agency Insurance Agency KM Pickers Paradise Antique Furniture Store KM Laser Engraving ... Laser Cutting Service

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    North Manchester
    County
    Wabash
    State
    Indiana
    Longitude
    -85.769659
    Latitude
    40.999371

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    FAQs

    What type of property is this?
    Retail space - Downtown building with retail space and two apartments.
    Where is this retail space located?
    The property is located at 114 E Main St North Manchester, IN.
    What is the asking price?
    The asking price for this property is $157,900.
    What are key features of this property?
    This property features: - Prime downtown location on a busy Main St. ideal for retail business.; - Mix of retail space and residential apartments for diverse income streams.; - Fully renovated 2-bedroom apartment currently generating $850/month in rental income.
    (260) 982-2336
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    114 E Main St North Manchester, IN 46962
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    North Manchester, IN 46962
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    114 E Main St North Manchester, IN 46962
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