Listing Agency: Homestead Realty

Listed By: Teresa Lyons · License #IN

Source: Crexi

Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 11:46PM

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Investment Insights

Based on property information with market context.

This mixed-use property combines two upstairs apartments with commercial space at street level. The main floor includes a kitchenette, half bath, and open area suitable for retail or office use, creating a layout that accommodates both residential and commercial functions.

Located at 108 W Main Street in Vevay, Indiana, the property offers a multi-use configuration within a historic building. The existing arrangement includes residential units above and adaptable space below for an owner-user, tenant, or rental-oriented operation.

Key Highlights

• Two apartments located on the upper level
• Main‑floor space suited to retail or office use
• Kitchenette and half bath on the main floor

Property Analytics

Property Profile

Current Use

Storefront properties

Suggested Use

Top Pick Law Firm (Bike/Boat/Book/etc) Store Storage Facility Spa & Massage Center Dental Office Computer & Electronic Repair

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

2

Residential units

Yes

Paved road access

Location Intelligence

Trade Area within ½ mile

236

Businesses Nearby

12k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 81% Dining 19%

Dollar General Shops & Services

5,088 visits/mo 0.5 miles

Shell Shops & Services

4,477 visits/mo 0.5 miles

SUBWAY Dining

2,303 visits/mo 0.3 miles

Demographics for 47043, IN

5,102

Population

2,223

Households

2.3

Avg Household Size

42

Median Age

10%

College-Educated

80%

High-School Grad

102.9 sq mi

ZIP Area

50

Density / Sq Mi

$64,441

Median Household Income

$40,685

Median Earnings

$716

Median Rent

$171,400

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

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Mixed-use property - Upper-level residential units accompany flexible retail or office space on the main floor.

Where is this mixed-use property located?

The property is located at 108 W Main Street Vevay, IN.

What are key features of this property?

This property features: Two apartments located on the upper level; Main‑floor space suited to retail or office use; Kitchenette and half bath on the main floor