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Mixed-Use Retail Building
For Sale
$225,000

111 S Jackson St, Perrysville, IN 47974

Ground-floor retail space is paired with two upstairs apartments and separate customer and tenant parking.

Property Size4,200 SF
Price / SF$53.57
Days on Market13

Property Features for 111 S Jackson St

General Information

Standard status Active
Size 4,200 SF
Property subtype Commercial

Additional Details

Business Included Yes

Building Details

Year Built 1900
Buildings 1
Stories 2
Tenancy Multi
Listing Agency: Bentley Real Estate
Listed By: Alicia Middleton ()
Source: Fortwayneareahomesforsale
Added: Aug 18 Changed: Aug 28 Last Checked: Aug 29 at 10:39AM

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 Bentley Real Estate

Investment Insights

Based on property information with market context.

This 4,200-square-foot mixed-use building combines a ground-level retail operation with two residential units above. The larger apartment includes two bedrooms, one bathroom, a living room, and a kitchen. The second unit is a remodeled studio-style apartment, creating a varied residential configuration within the same building.

Each apartment has both front and rear stair access. Tenant parking is located behind the property, while customer parking is available along the street in front. The building was constructed in 1900 and is located in the downtown area of Perrysville, Indiana. Established rental income is associated with the retail and residential portions of the property.

Key Highlights

  • 4,200‑square‑foot mixed‑use building with retail on the ground level
  • Two upstairs apartments: one two‑bedroom, one‑bath unit and one remodeled studio
  • Retail business and residential units occupy the same building

Property Analytics

Current Use

G&D Discount Department Store

Suggested Use

Top Pick Auto Repair Shop Grocery & Convenience Store Pet Store & Service Restaurant Department Store

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

Multi-tenant
Tenancy
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

29
Businesses Nearby

Demographics for 47974, IN

1,106
Population
582
Households
1.9
Avg Household Size
45
Median Age
16%
College-Educated
93%
High-School Grad
40.0 sq mi
ZIP Area
28
Density / Sq Mi
$90,455
Median Household Income
$45,300
Median Earnings
$831
Median Rent
$120,200
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Ground-floor retail space is paired with two upstairs apartments and separate customer and tenant parking.
Where is this mixed-use property located?
The property is located at 111 S Jackson St Perrysville, IN.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: 4,200‑square‑foot mixed‑use building with retail on the ground level; Two upstairs apartments: one two‑bedroom, one‑bath unit and one remodeled studio; Retail business and residential units occupy the same building
More about this property
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