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Downtown Mixed-Use Property
For Sale
$165,000

115 N Michigan St, Argos, IN 46501

Located along Michigan Street with walkable access to surrounding local businesses.

Property Size4,000 SF
Price / SF$41.25
Days on Market56

Property Features for 115 N Michigan St

General Information

Standard status Active
Size 4,000 SF

Additional Details

Road Access Yes

Building Details

Year Built 1920
Listing Agency: RE/MAX Aspire
Listed By: Bethaney Bauman
Source: Callcriswell
Added: Aug 13 Changed: Oct 6 Last Checked: Oct 5 at 8:22PM

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 RE/MAX Aspire

Investment Insights

Based on property information with market context.

This mixed-use commercial property is located at 115 N Michigan St in downtown Argos. Built in 1920, the property brings established building character to a visible setting along Michigan Street.

The downtown location provides walkable access to surrounding local businesses. Its mixed-use classification supports a range of commercial possibilities, including storefront-oriented occupancy, additional income uses, or future redevelopment, subject to applicable requirements.

Key Highlights

  • Mixed‑use commercial property in downtown Argos
  • Built in 1920
  • Located at 115 N Michigan St

Property Analytics

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Current Use

Varsity Appliances Home Appliance Store

Suggested Use

Top Pick Auto Repair Shop Auto Parts Store Big Box & Wholesale Store (Bike/Boat/Book/etc) Store Building Supply Barber Shop

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

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

122
Businesses Nearby

Demographics for 46501, IN

3,891
Population
1,595
Households
2.4
Avg Household Size
38
Median Age
11%
College-Educated
84%
High-School Grad
71.0 sq mi
ZIP Area
55
Density / Sq Mi
$62,721
Median Household Income
$39,514
Median Earnings
$947
Median Rent
$146,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Located along Michigan Street with walkable access to surrounding local businesses.
Where is this mixed-use property located?
The property is located at 115 N Michigan St Argos, IN.
What is the asking price?
The asking price for this property is $165,000.
What are key features of this property?
This property features: Mixed‑use commercial property in downtown Argos; Built in 1920; Located at 115 N Michigan St
More about this property
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