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Mixed-Use Property with Apartment
For Sale
$389,900

614 N Wayne St., Angola, IN 46703

COMMERCIAL, Angola, IN

Property SizeContact for details
Lot Size0.21 Acres
Days on Market201

Property Features for 614 N Wayne St.

General Information

Property type Commercial Sale
Property subtype Other
Lot features City
Directions From the Circle, head north on N. Wayne, BLDG on east side of N. Wayne and apartment attached to the back of bldg. is located on 613 N. Martha St,
Subdivision Steuben County
Standard status Active
APN 76-06-26-120-310.000-012
Lot size 0.21 Acres

Taxes and HOA fees

Tax Year 49
Tax Description PT NE 1.4 Sec. 26 .206A
Tax Annual Amount 2146
Legal Description PT NE 1.4 Sec. 26 .206A

Utilities

Cooling system Central Air

Building Details

Year built 1948
Flooring type Concrete, Laminate, Carpet
Roof type Composition, Flat
Listing Agency: RE/MAX Results · RE/MAX International
Listed By: G Craig Ralston
Added: Mar 9 Changed: Sep 13 Last Checked: Sep 25 at 1:06PM
MLS# 202607672

Copyright © 2026 Northeastern 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.

Investment Insights

Based on property information with market context.

This mixed-use property at 614 N Wayne St. in Angola combines a leased Subway restaurant with an attached apartment. The restaurant occupies 1,588 square feet, while the apartment adds 1,184 square feet of residential space within the same property. The building dates to 1948 and includes concrete, laminate, and carpet flooring, along with central air conditioning.

The 0.206-acre parcel fronts N. Wayne St. in Angola, Indiana. Its roof systems include composition and flat sections, providing a combination of commercial and residential components at a single address.

Key Highlights

  • Leased Subway restaurant space measures 1,588 Sq. Ft.
  • Attached apartment provides 1,184 Sq Ft.
  • 0.206‑acre parcel with frontage on N. Wayne St.

Property Analytics

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Current Use

Conventional restaurants

Suggested Use

Top Pick Real Estate Agency Bakery Plumbing Service Catering Service Kitchen & Bath Showroom Grocery & Convenience Store

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
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

639
Businesses Nearby
31k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 59% Dining 41%
Dollar General Shops & Services
8,662 visits/mo 0.5 miles
Wings Etc. Dining
4,637 visits/mo 0.4 miles
SUBWAY Dining
4,478 visits/mo 0.1 miles
AutoZone Shops & Services
4,403 visits/mo 0.2 miles
Little Caesars Pizza Dining
3,644 visits/mo 0.1 miles

Demographics for 46703, IN

18,837
Population
9,755
Households
1.9
Avg Household Size
39
Median Age
29%
College-Educated
92%
High-School Grad
121.1 sq mi
ZIP Area
156
Density / Sq Mi
$69,940
Median Household Income
$31,554
Median Earnings
$892
Median Rent
$221,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Leased restaurant space is paired with an attached apartment and street frontage.
Where is this mixed-use property located?
The property is located at 614 N Wayne St. Angola, IN.
What is the asking price?
The asking price for this property is $389,900.
What are key features of this property?
This property features: Leased Subway restaurant space measures 1,588 Sq. Ft.; Attached apartment provides 1,184 Sq Ft.; 0.206‑acre parcel with frontage on N. Wayne St.
More about this property
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