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

    103 Main St Larwill, IN 46764

    For Sale
    $49,900

    Prime Retail/Mixed-Use Space, High Visibility

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    This versatile commercial building, located at 103 W Main Street in Larwill, Indiana, presents a unique investment opportunity. The main level offers wheelchair-accessible entry at the front and features a retail space with two display windows and a separate entrance on the building's left side. This section includes a newer furnace and a restroom. The right side of the building offers a separate entrance leading to a second-story space. Further details regarding the second-story layout will be provided. The building's prime location on Main Street ensures high visibility and accessibility for customers. The property is situated on a 0-acre lot. The asking price for this property is $49,900. In addition to outright purchase, the building is also available for lease at a monthly rental rate of $900. This makes it an ideal option for both owner-occupiers and investors seeking a strong return on investment. The building's mixed-use potential allows for a variety of business applications, making it a flexible and adaptable space for a range of commercial ventures. The combination of a desirable location, accessible design, and attractive pricing makes this property a compelling opportunity in the Larwill market. Serious inquiries are encouraged to explore the full potential of this unique commercial space.

    Property Features for 103 Main St

    General Information

    Property type
    Other commercial real estate

    Building Details

    Year Built
    1950
    Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Auto Repair Shop Furniture Store Convenience Store Computer & Electronic Repair Italian Restaurant

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

    Location Insight

    • Map
    • Local Demand
    City
    Larwill
    County
    Whitley
    State
    Indiana
    Longitude
    -85.62573
    Latitude
    41.17852

    Nearby Comparable

    • $34,900

      Mixed-Use Building on Main Street

      Retail/mixed-use building in Larwill, handicap accessible, available for sale.
      103 W Main St, Larwill, IN 46764
      View Details
    • $1,109,900
      70.00 Acres

      70 Acres of Farmland/Woodland

      Prime farmland with wooded area, versatile for agricultural or recreational use.
      325 W 325 N, Larwill, IN 46764
      View Details
    • $224,900
      3.32 Acres

      Commercial Land on US-30

      3.3+/- acre commercial property with high visibility on US-30.
      3940 W Us Highway 30, Columbia City, IN 46725
      View Details
    • $324,900
      5.70 Acres

      Commercial Land with US-30 Frontage

      5.7+/- acres of commercial property with high visibility.
      3820 W Us Highway 30, Columbia City, IN 46725
      View Details

    Nearby Similar for Sale

    • $34,900

      Mixed-Use Building on Main Street

      Retail/mixed-use building in Larwill, handicap accessible, available for sale.
      103 W Main St, Larwill, IN 46764
      View Details

    FAQs

    What type of property is this?
    Commercial real estate - Prime Retail/Mixed-Use Space, High Visibility
    Where is this commercial real estate located?
    The property is located at 103 Main St Larwill, IN.
    What is the asking price?
    The asking price for this property is $49,900.
    (260) 244-0009
    Request Owner's contact information
    103 Main St Larwill, IN 46764
    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.
    103 Main St
    Larwill, IN 46764
    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
    103 Main St Larwill, IN 46764
    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.