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Downtown Mixed-Use Building
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107 109 111 Market Street, Nappanee, IN 46550

Two-story mixed-use building with five occupied retail/office spaces and potential residential space above.

Property SizeContact for details
Days on Market121

Property Features for 107 109 111 Market Street

General Information

Standard status Active
Property subtype Mixed Use

Additional Details

Multifamily Units 1

Building Details

Stories 2
Listing Agency: Tiffany Group
Listed By: Joseph Tiffany · License #IN RB140033909
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 21 at 9:10PM

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 Tiffany Group

Investment Insights

Based on property information with market context.

This two-story mixed-use property features five retail/office spaces on the ground level, all currently occupied and cash-flowing. The building also includes potential residential space on the second floor, with approximately 7,700 square feet and 14-foot ceilings. One existing second-story unit is a 3-bed, 1-bath apartment that is currently occupied.

The property is located on the southeast corner of Market Street and Main Street in downtown Nappanee. It is described as being within a short distance of new restaurants, bars, and breweries, supporting the second-floor residential use.

For a buyer or investor, the second floor offers redevelopment options, including converting the existing space into multiple apartments.

Key Highlights

  • Downtown Nappanee two‑story mixed‑use building on the SE corner of Market St and Main St
  • Ground level has 5 occupied retail/office spaces generating $50,400 in annual revenue
  • Second floor offers approximately 7,700 SF of potential residential space with 14‑foot ceilings

Property Analytics

Current Use

Northwest Purdue District ... High School

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Spa & Massage Center Nail Salon Gym & Fitness Center

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

Location Intelligence

Trade Area within ½ mile

361
Businesses Nearby

Demographics for 46550, IN

12,679
Population
4,656
Households
2.7
Avg Household Size
32
Median Age
9%
College-Educated
72%
High-School Grad
71.6 sq mi
ZIP Area
177
Density / Sq Mi
$80,403
Median Household Income
$42,843
Median Earnings
$867
Median Rent
$232,300
Median Home Value

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
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Two-story mixed-use building with five occupied retail/office spaces and potential residential space above.
Where is this mixed-use property located?
The property is located at 107 109 111 Market Street Nappanee, IN.
What are key features of this property?
This property features: Downtown Nappanee two‑story mixed‑use building on the SE corner of Market St and Main St; Ground level has 5 occupied retail/office spaces generating $50,400 in annual revenue; Second floor offers approximately 7,700 SF of potential residential space with 14‑foot ceilings
More about this property
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