Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    123 N Market St Winamac, IN 46996

    For Sale
    $250,000

    Mixed Use, Business Service,Other - Winamac, IN

    Type:Mixed Use
    Lot size:
    0.20 Acres
    Days on Market:
    25
    Last Refresh:
    Dec 5 at 10:06 pm

    Property Features for 123 N Market St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Mixed Use
    Standard status
    Active
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Office
    Bathrooms
    4
    APN
    66-14-14-145-001.000-011
    Interior features
    Drywall, Freight Elevator, Office Space
    Exterior features
    Freight Elevator, Office Space
    Accessibility
    Accessible Elevator Installed
    Lot size
    0.20 Acres

    Utilities

    Heating system
    Natural Gas
    Cooling system
    Central Air

    Building Details

    Year built
    1967
    Floors in Building
    1
    Flooring type
    Concrete, Other
    Building materials
    Brick
    Roof type
    Flat
    Architectural style
    Other

    RE/MAX SELECT REALTY (WINAMAC) (574) 946-4015 [email protected]

    Listing agent Lisa Malchow (574) 946-4015 License #RB16001784

    Listing date Nov 11, 2025

    MLS# 202545610 Listing URL

    Copyright © 2025 North Central 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

    Downtown Winamac Commercial Brick Building

    Located in downtown Winamac, this commercial brick building offers 8,500 sq ft of main floor space and a full basement of equal size. Constructed in 1967, the building features a solid poured cement foundation and walls. Situated at the corner of Pearl and Market Streets, the property currently includes five rental suites, with the potential for further division to create additional rental opportunities. The building is equipped with multiple entrances and a sprinkler system. This property is located on a lot of 0.2 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Winamac
    County
    Pulaski
    State
    Indiana
    Longitude
    -86.604779
    Latitude
    41.051534

    Nearby Similar for Sale

    • $250,000
      8,552 SF

      Downtown Winamac Commercial Brick Building

      Versatile commercial property in a prime downtown location.
      123 N Market St, Winamac, IN 46996
      View Details
    • $250,000
      8,552 SF

      Downtown Winamac Mixed-Use Building

      Versatile commercial property in a prime downtown location.
      123 N Market St, Winamac, IN 46996
      View Details
    • $69,999
      1,104 SF

      Downtown Winamac Commercial Building

      Commercial building on a corner lot near the courthouse.
      101 E Pearl St, Winamac, IN 46996
      View Details
    • $69,999
      0.03 Acres

      Downtown Winamac Office Building

      Prime Corner Lot, High Potential
      101 Pearl St, Winamac, IN 46996
      View Details

    FAQs

    What type of property is this?
    Mixed-use property - Versatile commercial property in a prime downtown location.
    Where is this mixed-use property located?
    The property is located at 123 N Market St Winamac, 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: - Prime downtown Winamac location at the corner of Pearl and Market Streets.; - Large 8,500 sq ft main floor with a full 8,500 sq ft basement.; - Solid brick construction with poured cement foundation and walls.
    (574) 946-4015
    Request Owner's contact information
    123 N Market St Winamac, IN 46996
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    123 N Market St
    Winamac, IN 46996
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    123 N Market St Winamac, IN 46996
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.