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

    316 S Cavin St Ligonier, IN 46767

    New
    For Sale
    $184,900

    Mixed Use - Ligonier, IN

    Type:Mixed Use
    Lot size:
    0.08 Acres
    Days on Market:
    4
    Last Refresh:
    Dec 5 at 1:06 pm

    Property Features for 316 S Cavin St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Mixed Use
    Standard status
    Active
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5
    Bathrooms
    11
    APN
    57-01-27-400-371.000-014
    Parking features
    Paved or Surfaced
    Interior features
    Drywall, Other, Display Window(s)
    Exterior features
    Display Window(s)
    Lot size
    0.08 Acres

    Utilities

    Heating system
    Electric (Heating), Hot Water (Heating)
    Cooling system
    Wall Unit(s)

    Building Details

    Year built
    1889
    Floors in Building
    2
    Flooring type
    Carpet, Laminate, Tile, Tile - Ceramic
    Building materials
    Brick
    Architectural style
    Other

    eXp Realty, LLC 8886113912x101

    Listing agent Amy Cavender 8886113912x101 License #RB14030154

    Listing date Dec 2, 2025

    MLS# 202547816 Listing URL

    Copyright © 2025 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.

    Overview

    Versatile Mixed-Use Building in Ligonier

    This versatile commercial building, located in the heart of downtown Ligonier, Indiana, presents a unique investment opportunity. The building is fully rented and includes a commercial storefront and two residential apartments. The storefront on the main floor offers 1926 square feet with many possibilities. The main floor has been wired for a range hood and plumbed for a restaurant, offering potential restaurant possibilities. It also features wall AC mini splits and a new on-demand water heater. The upstairs level contains two apartments: one with one bedroom and one bathroom, and another with two bedrooms and one bathroom. Appliances are included with the apartments. The property has a lot size of 0.08 acres and is located in Noble County.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    King Korn Popcorn Store Cavin Street Pizzeria Pizza Restaurant

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Ligonier
    County
    Noble
    State
    Indiana
    Longitude
    -85.587859
    Latitude
    41.463162

    Nearby Similar for Sale

    • $200,000
      2,271 SF

      Converted Duplex in Ligonier, IN

      Two-unit home with conversion potential in Ligonier, Indiana.
      602-604 S Martin St, Ligonier, IN 46767
      View Details

    FAQs

    What type of property is this?
    Mixed-use property - Commercial storefront with two apartments in downtown Ligonier, Indiana.
    Where is this mixed-use property located?
    The property is located at 316 S Cavin St Ligonier, IN.
    What is the asking price?
    The asking price for this property is $184,900.
    What are key features of this property?
    This property features: - Rental income from fully rented commercial storefront and two residential apartments.; - Prime downtown Ligonier location.; - Versatile commercial building suitable for various business ventures.
    (888) 611-3912
    Request Owner's contact information
    316 S Cavin St Ligonier, IN 46767
    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.
    316 S Cavin St
    Ligonier, IN 46767
    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
    316 S Cavin St Ligonier, IN 46767
    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.