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Historic Mixed-Use Property
For Sale
$185,000

127 E Main Street, North Manchester, IN 46962

COMMERCIAL, North Manchester, IN

Property SizeContact for details
Lot Size0.11 Acres
Days on Market289

Property Features for 127 E Main Street

General Information

Property type Commercial Sale
Property subtype Office
Rooms Basement
Parking features Garage
Lot features City, Historic District
Directions State Road 114 turns into Main Street. Property on south side.
Subdivision Wabash County
Standard status Active
APN 85-07-05-201-085.000-002
Lot size 0.11 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description OP E 20'3" LOT 2 & W 18 1/2' LOT 2
Tax Annual Amount 1944
Legal Description OP E 20'3" LOT 2 & W 18 1/2' LOT 2

Utilities

Cooling system Central Air
Water front 1

Amenities

river views
fireplaces
private balcony
original tin ceilings
wood flooring

Building Details

Year built 1890
Flooring type Wood, Carpet
Roof type Rubber
Listing Agency: Manchester Realty
Listed By: Andrea Greer Markham · License #RB14044325
Added: Nov 20, 2025 Changed: Sep 2 Last Checked: Sep 5 at 2:06PM
MLS# 202546800

Copyright © 2026 REALTORS Association of Central Indiana. 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.

Built in 1890, this mixed-use property combines two buildings on one parcel with two main-level commercial fronts and two upper-level apartments. One commercial space is configured for professional, dental, or medical use, with a reception area, multiple finished offices, two half bathrooms, a garage, and off-street parking. The other storefront is unfinished and retains original tin ceilings and wood flooring. Both apartments include two bedrooms, one bathroom, large living areas, fireplaces, rear access, and private balconies with views toward Eel River and Main Street.

The property is located at 127 E Main Street in North Manchester’s Historic District and is zoned General Office/Medical Office. Recent work includes a rubber roof installed 5 years ago and masonry tuck pointing. Wood and carpet flooring, central air, a basement, and garage parking are also present.

Key Highlights

  • Two commercial fronts and two upper‑level apartments on one parcel
  • General Office/Medical Office zoning
  • Each apartment includes 2 bedrooms, 1 bathroom, a fireplace, and a private balcony

Property Analytics

Current Use

Medical Office Space

Suggested Use

Top Pick Dental Office Real Estate Agency Law Firm Spa & Massage Center HVAC Service Nail Salon

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

Location Intelligence

Trade Area within ½ mile

335
Businesses Nearby

Demographics for 46962, IN

8,592
Population
3,881
Households
2.2
Avg Household Size
43
Median Age
20%
College-Educated
92%
High-School Grad
106.2 sq mi
ZIP Area
81
Density / Sq Mi
$71,863
Median Household Income
$36,782
Median Earnings
$679
Median Rent
$152,500
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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Two commercial fronts and two upstairs apartments combine office, retail, and residential functionality in one historic property.
Where is this mixed-use property located?
The property is located at 127 E Main Street North Manchester, IN.
What is the asking price?
The asking price for this property is $185,000.
What are key features of this property?
This property features: Two commercial fronts and two upper‑level apartments on one parcel; General Office/Medical Office zoning; Each apartment includes 2 bedrooms, 1 bathroom, a fireplace, and a private balcony
More about this property
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