Building Details

Year built 1910

Flooring type Wood, Laminate

Roof type Asphalt

Listing Agency: Tri Oaks Realty Show Phone

Listed By: Keli Cordill · License #RB20000078 Show Phone

Added: Jun 18 Changed: Aug 4 Last Checked: Aug 5 at 10:06AM

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MLS# 202624070

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Investment Insights

Based on property information with market context.

This downtown North Manchester storefront building combines retail space on the main level with two apartments on the upper level. The front upper apartment is fully renovated with two bedrooms and one full bath, plus a large open kitchen and living room. The upper rear apartment is a one-bedroom unit that still needs to be finished.

The building features large retail display windows at the front and a full basement. Flooring includes laminate and wood, and the roof is asphalt. Both the retail space and the apartments have separate electric meters.

Property updates include a new roof scheduled for May 2026 and an electrical upgrade completed in April 2025, including wiring, a breaker box, and meter boxes. Built in 1910, the property also includes basement space for additional storage or support.

Key Highlights

• Retail space on main level with two upper apartments
• Front upper apartment fully renovated: 2 bedrooms and 1 full bath
• Large retail display windows at the front

Property Analytics

Property Profile

Current Use

Thorne Insurance Agency Insurance Agency KM Pickers Paradise Home Decor Store KM Laser Engraving ... Production Facility

Suggested Use

Top Pick Dental Office Real Estate Agency Law Firm Spa & Massage Center HVAC Service Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

287

Businesses Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Demographics for 46962, IN

8,592

Population

3,881

Households

2.2

Avg Household Size

43

Median Age

20%

College-Educated

92%

High-School Grad

106.2 sq mi

ZIP Area

81

Density / Sq Mi

$71,863

Median Household Income

$36,782

Median Earnings

$679

Median Rent

$152,500

Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022

7.5% 2023

7.8% 2024

8% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Storefront property - Retail space on the main level with two upper apartments, including a fully renovated front unit and a rear unit needing completion.

Where is this storefront property located?

The property is located at 114 E Main Street North Manchester, IN.

What is the asking price?

The asking price for this property is $174,900.

What are key features of this property?

This property features: Retail space on main level with two upper apartments; Front upper apartment fully renovated: 2 bedrooms and 1 full bath; Large retail display windows at the front