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    107 Main St Culver, IN 46511

    For Sale
    $185,000

    Downtown Culver, Mixed-Use Opportunity

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    313
    This exceptional mixed-use property at 107 S Main Street in Culver, Indiana presents a rare opportunity to combine business and residential living. Situated on a 0.06-acre lot, this charming two-story building offers a versatile ground floor space perfectly suited for a variety of commercial uses. Imagine a storefront retail operation, a professional office, or a service-based business thriving in this prime location. The possibilities are numerous and limited only by your imagination. Upstairs, a comfortable and spacious three-bedroom, one-and-a-half-bathroom apartment provides a private residential retreat. This upper-level living area offers ample space for comfortable living, making this property ideal for owner-occupants seeking a convenient and unique lifestyle. The building's location is undeniably advantageous, just two blocks from the picturesque Lake Maxinkuckee and minutes away from the prestigious Culver Academy. Adding to its appeal, several excellent restaurants are located on the same block, providing convenient dining options and contributing to a vibrant neighborhood atmosphere. Priced at $185,000, this property represents a compelling investment for both savvy investors and those seeking the convenience of a combined work and living space. Don't miss this chance to own a piece of Culver's thriving downtown.

    Property Features for 107 Main St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    2,614 SF

    Building Details

    Year Built
    1905
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Culver
    County
    Marshall
    State
    Indiana
    Longitude
    -86.42403
    Latitude
    41.21641

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    FAQs

    What type of property is this?
    Commercial real estate - Downtown Culver, Mixed-Use Opportunity
    Where is this commercial real estate located?
    The property is located at 107 Main St Culver, IN.
    What is the asking price?
    The asking price for this property is $185,000.
    (574) 534-1010
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    107 Main St Culver, IN 46511
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    Culver, IN 46511
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    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
    107 Main St Culver, IN 46511
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