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Historic Mixed-Use Building
For Sale
$49,900

101 East Main Street, Silver Lake, IN 46982

Open commercial space with natural light, an adaptable upper level, and a partial unfinished basement.

Property Size1,632 SF
Price / SF$30.58
Days on Market658

Property Features for 101 East Main Street

General Information

Standard status Active
Size 1,632 SF
Property subtype Commercial / Mixed Use

Property Condition

Severity Repairs Needed
Evidence in need of some exterior cosmetics

Taxes and HOA fees

Annual Taxes $1,350

Amenities

2
Yes
Wood
Electric, Gas
Partial Basement, Unfinished
Gravel
Masonry, Stucco
Rubber

Building Details

Year Built 1860
Buildings 1
Listing Agency: Homes Land & Lakes Realty
Listed By: Orville Haney · License #RB18000113
Source: Compass
Added: Nov 11, 2024 Changed: Aug 30 Last Checked: Aug 30 at 5:07PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Homes Land & Lakes Realty

Investment Insights

Based on property information with market context.

Built in 1860, this 1,632-square-foot mixed-use building offers an open main-level commercial area with strong natural light throughout the day. The upper floor is a blank interior canvas, while the property also includes a partial unfinished basement. Electric and gas service are present, and the structure features wood interior elements with masonry and stucco exterior construction.

The building is located at 101 East Main Street in Silver Lake, Indiana. Its exterior requires cosmetic work, while the interior provides a flexible starting point for a commercial occupant or future repositioning. The combination of an open lower level, additional upper-floor area, and basement storage creates a practical framework for a range of mixed-use configurations.

Key Highlights

  • 1,632‑square‑foot mixed‑use building constructed in 1860
  • Open main‑level commercial area with abundant natural light
  • Upper level provides a blank interior layout

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Building Supply Grocery & Convenience Store Storage Facility Bakery Pharmacy Cafe & Coffee Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

49
Businesses Nearby
7k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 68% Dining 32%
Family Dollar Shops & Services
2,426 visits/mo 0.1 miles
SUBWAY Dining
2,383 visits/mo 0.1 miles
Marathon Petroleum Shops & Services
2,250 visits/mo 0.5 miles
Carquest Auto Parts -Silver Lake Agri Center LLC Shops & Services
327 visits/mo 0.5 miles

Demographics for 46982, IN

2,602
Population
1,445
Households
1.8
Avg Household Size
42
Median Age
19%
College-Educated
93%
High-School Grad
44.5 sq mi
ZIP Area
58
Density / Sq Mi
$75,709
Median Household Income
$50,668
Median Earnings
$1,006
Median Rent
$175,400
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
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Open commercial space with natural light, an adaptable upper level, and a partial unfinished basement.
Where is this mixed-use property located?
The property is located at 101 East Main Street Silver Lake, IN.
What is the asking price?
The asking price for this property is $49,900.
What are key features of this property?
This property features: 1,632‑square‑foot mixed‑use building constructed in 1860; Open main‑level commercial area with abundant natural light; Upper level provides a blank interior layout
More about this property
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