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Mixed-Use Building with Storefronts
For Sale
$55,000

615 W Main Street, Mitchell, IN 47446

COMMERCIAL, Mitchell, IN

Property Size3,200 SF
Lot Size0.08 Acres
Price / SF$17.19
Days on Market23

Property Features for 615 W Main Street

General Information

Property type Commercial Sale
Property subtype Other
Lot features City
Directions From SR 37, heading east on Main Street, Property is on the left.
Subdivision Lawrence County
Standard status Active
APN 471136342057000005
Lot size 0.08 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description ORIG W 1/2 LOT 232
Tax Annual Amount 1387
Legal Description ORIG W 1/2 LOT 232

Utilities

Cooling system Central Air, Wall Unit(s)

Building Details

Year built 1880
Flooring type Mixed, Vinyl, Carpet
Roof type Flat, Metal
Listing Agency: Showcase Indiana Real Estate
Listed By: Esteban Flores · License #RB23000248
Added: Sep 4 Changed: Sep 17 Last Checked: Sep 26 at 8:06AM
MLS# 202636589

Copyright © 2026 Bedford Board 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 contains approximately 3,200 SF within a building constructed in 1880. Two commercial storefronts occupy the front, each with display windows and a full bathroom. The rear includes an open-concept apartment with 1.5 bathrooms, along with additional interior area that may be reconfigured or framed out. Flooring includes carpet, vinyl, and mixed materials, while cooling is provided by wall units and central air. The property has flat and metal roof sections and is being sold as-is.

Located at 615 W Main Street in Mitchell, the parcel measures approximately 0.08 acres and provides about 25 feet of Main Street frontage. Public water and sewer serve the property. The existing combination of commercial and residential space supports an owner-occupied, live-work, or multi-space configuration, subject to the buyer’s plans and applicable requirements.

Key Highlights

  • Approximately 3,200 SF mixed‑use building
  • Two commercial storefronts with display windows
  • Rear open‑concept apartment with 1.5 bathrooms

Property Analytics

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Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Auto Parts Store HVAC Service 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
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

256
Businesses Nearby

Demographics for 47446, IN

9,425
Population
3,998
Households
2.4
Avg Household Size
44
Median Age
17%
College-Educated
89%
High-School Grad
125.4 sq mi
ZIP Area
75
Density / Sq Mi
$53,182
Median Household Income
$33,680
Median Earnings
$765
Median Rent
$141,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Two commercial suites and an apartment occupy a single building with public water and sewer service.
Where is this mixed-use property located?
The property is located at 615 W Main Street Mitchell, IN.
What is the asking price?
The asking price for this property is $55,000.
What are key features of this property?
This property features: Approximately 3,200 SF mixed‑use building; Two commercial storefronts with display windows; Rear open‑concept apartment with 1.5 bathrooms
More about this property
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