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    116 E Wayne St Lagrange, IN 46761

    New
    For Sale
    $250,000

    Office, Office/Showroom,Professional - Lagrange, IN

    Type:Office
    Lot size:
    0.10 Acres
    Days on Market:
    5
    Last Refresh:
    Dec 5 at 6:06 pm

    Property Features for 116 E Wayne St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Office
    Standard status
    Active
    Rooms
    Bathroom 1, Kitchen, Office
    Bathrooms
    1
    APN
    44-07-19-300-003.003-002
    Parking features
    Off Street
    Interior features
    Drywall, 110 Volts, Office Space, Reception Area, Refrigeration/Freezer
    Exterior features
    110 Volts, Office Space, Reception Area, Refrigeration/Freezer
    Lot size
    0.10 Acres

    Utilities

    Heating system
    Forced Air, Natural Gas
    Cooling system
    Central Air

    Building Details

    Year built
    1974
    Floors in Building
    1
    Flooring type
    Laminate
    Building materials
    Block, Brick
    Architectural style
    Other

    Mike Thomas Assoc/FC Tucker (260) 925-6900

    Listing agent Mark Bock (260) 925-6900

    Listing date Dec 1, 2025

    MLS# 202547656 Listing URL

    Copyright © 2025 Northeastern Indiana Association 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.

    Overview

    Updated Office Building Near Downtown

    This freshly updated and remodeled office building is located within walking distance of downtown Lagrange businesses, banks, the post office, and the courthouse. The building includes four private offices, a conference room, a large storage room, a bathroom, a kitchenette, and a workspace. The property is conveniently sized and located adjacent to the new Dairy Queen. The lot size is 0.1 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Restaurant Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Wholesale Shop Hotel & Motel Auto Parts Store Bar & Pub

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

    Location Insight

    • Map
    • Local Demand
    City
    Lagrange
    County
    LaGrange
    State
    Indiana
    Longitude
    -85.4169
    Latitude
    41.641827

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    • $699,000
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      LaGrange Office Building - $699,000

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    FAQs

    What type of property is this?
    Office building - Remodeled office building with four private offices and conference room.
    Where is this office building located?
    The property is located at 116 E Wayne St Lagrange, IN.
    What is the asking price?
    The asking price for this property is $250,000.
    What are key features of this property?
    This property features: - Walking distance to downtown Lagrange businesses, banks, post office, and courthouse; - Features **four private offices and a conference room**; - **Recently updated and remodeled**
    (260) 925-6900
    Request Owner's contact information
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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
    116 E Wayne St Lagrange, IN 46761
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