Search
Two-Story Mixed-Use Property
New
For Sale
$285,000

157 N River Road, Ligonier, IN 46767

COMMERCIAL, Ligonier, IN

Property Size2,016 SF
Lot Size1.19 Acres
Price / SF$141.37
Days on Market4

Property Features for 157 N River Road

General Information

Property type Commercial Sale
Property subtype Office
Rooms Basement
Lot features Rural
Directions From the intersection, head west on US 6 / Lincolnway W. Continue west on US 6 (Lincolnway W) through Ligonier. Turn right onto N River Rd. Continue a short distance on N River Rd. 157 N River Rd will be on your right.
Subdivision Noble County
Standard status Active
APN 57-01-21-200-041.000-013
Lot size 1.19 Acres

Taxes and HOA fees

Tax Year 53
Tax Description Sw Cor Se4 Arb Lot 2 Sec 21 .55a; Sw Cor Se4 Arb Lot 1 Sec 21 .64a
Tax Annual Amount 1377
Legal Description Sw Cor Se4 Arb Lot 2 Sec 21 .55a; Sw Cor Se4 Arb Lot 1 Sec 21 .64a

Utilities

Cooling system Central Air

Building Details

Year built 1970
Flooring type Vinyl, Carpet, Laminate, Mixed
Roof type Shingle, Rubber
Listing Agency: Re/Max Partners · RE/MAX International
Listed By: Taya Jacobs · License #RB17001468
Added: Aug 31 Changed: Sep 2 Last Checked: Sep 3 at 12:06PM
MLS# 202635790

Copyright © 2026 Kosciusko Board of Realtors MLS. 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 two-story mixed-use property in Ligonier occupies 1.19 acres and combines commercial space with a separately accessed residential unit. The 2,016-square-foot main level includes a reception area, 24' x 36' open room, two treatment rooms, a private office, breakroom, and 1.5 baths. Central air, mixed flooring, and a newer furnace support the primary space, while the property also includes an 8' x 14' storage shed.

The upper level contains an 864-square-foot, one-bedroom, one-bath apartment with its own entrance. A large private parking lot serves the building, which is positioned on a corner lot and zoned Commercial. The property is located at 157 N River Road in Ligonier, Indiana, and was built in 1970.

Key Highlights

  • 1.19‑acre corner‑lot commercial property in Ligonier
  • 2,016‑square‑foot main level with reception, open area, treatment rooms, office, breakroom, and 1.5 baths
  • 864‑square‑foot upstairs apartment with 1 bedroom, 1 bath, and a private entrance

Property Analytics

Current Use

Spine Sports & Industrial ... Physician

Suggested Use

Top Pick Auto Repair Shop Auto Parts Store Building Supply Nail Salon Restaurant Storage Facility

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

1
Office units
1
Residential units

Location Intelligence

Trade Area within ½ mile

65
Businesses Nearby

Demographics for 46767, IN

8,599
Population
3,209
Households
2.7
Avg Household Size
30
Median Age
9%
College-Educated
59%
High-School Grad
67.8 sq mi
ZIP Area
127
Density / Sq Mi
$75,827
Median Household Income
$45,377
Median Earnings
$872
Median Rent
$186,200
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Mixed-use property - Commercial property with professional space, a separate apartment, private parking, and recent mechanical improvements.
Where is this mixed-use property located?
The property is located at 157 N River Road Ligonier, IN.
What is the asking price?
The asking price for this property is $285,000.
What are key features of this property?
This property features: 1.19‑acre corner‑lot commercial property in Ligonier; 2,016‑square‑foot main level with reception, open area, treatment rooms, office, breakroom, and 1.5 baths; 864‑square‑foot upstairs apartment with 1 bedroom, 1 bath, and a private entrance
More about this property
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