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Renovated Two-Story Storefront
For Sale
$300,000

216 S State Street, South Whitley, IN 46787

COMMERCIAL, South Whitley, IN

Property Size4,500 SF
Lot Size0.12 Acres
Price / SF$66.67
Days on Market55

Property Features for 216 S State Street

General Information

Property type Commercial Sale
Property subtype Retail
Rooms Basement
Subdivision Parret(s)
Directions SR 5 into S Whitley to property
Standard status Active
APN 92-08-04-101-103.000-002
Lot size 0.12 Acres

Taxes and HOA fees

Tax Year 2026
Tax Description N2 LOT 3 PARRETTS FIRST ADDITION TO SPRINGFIELD 39x132 .12AC
Tax Annual Amount 1716
Legal Description N2 LOT 3 PARRETTS FIRST ADDITION TO SPRINGFIELD 39x132 .12AC

Building Details

Year built 1900
Flooring type Wood
Listing Agency: ERA Crossroads · RE/MAX International
Listed By: Jeanne List · License #RB14034279
Added: Jun 30 Changed: Aug 19 Last Checked: Aug 23 at 3:06AM
MLS# 202626614

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This two-story storefront provides 4,500 square feet for a buyer-directed build-out. Renovation work includes improvements from the foundation through the new roof, along with replacement of the entire front elevation. The interior remains open for final configuration and includes wood flooring and a basement. The building dates to 1900.

Located on S State Street in South Whitley, the property offers customer access from the street and rear alley, with convenient street parking nearby. LB zoning is identified for business use as well as R1 and R2 development. The property also provides access to SR14 and SR205, connecting the site with the surrounding area.

Key Highlights

  • 4,500‑square‑foot, two‑story storefront building
  • LB zoning supports business, R1, and R2 development
  • Renovation work extends from the foundation to a new roof

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Hair Salon HVAC Service Auto Parts Store Spa & Massage Center 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.

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

144
Businesses Nearby
10k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Shops & Services 87% Dining 13%
Dollar General Shops & Services
5,573 visits/mo 0.5 miles
Marathon Petroleum Shops & Services
3,466 visits/mo 0.1 miles
SUBWAY Dining
1,403 visits/mo 0.1 miles

Demographics for 46787, IN

3,902
Population
1,569
Households
2.5
Avg Household Size
40
Median Age
19%
College-Educated
87%
High-School Grad
65.7 sq mi
ZIP Area
59
Density / Sq Mi
$70,030
Median Household Income
$44,138
Median Earnings
$765
Median Rent
$158,500
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 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?
Storefront property - Renovated interior offers a blank slate with street and rear-alley access for future build-out.
Where is this storefront property located?
The property is located at 216 S State Street South Whitley, IN.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: 4,500‑square‑foot, two‑story storefront building; LB zoning supports business, R1, and R2 development; Renovation work extends from the foundation to a new roof
More about this property
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