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Downtown Mixed-Use Storefront
For Sale
$175,000

115 N Michigan Street Argos, Argos, IN 46501

Mixed-use commercial property on Michigan Street in downtown Argos, offering a storefront configuration for a variety of uses.

Property Size4,000 SF
Price / SF$43.75
Days on Market51

Property Features for 115 N Michigan Street Argos

General Information

Standard status Active
Size 4,000 SF
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $2,267

Amenities

Drywall
Part Carpet,Unfinished,Other
Yes
No
City
10
Full Basement
Shingle,Wood,Masonry
Street & Gravel in Back
3975
Gravel
25X159
Brick
0.09

Building Details

Year Built 1920
Stories 2
Listing Agency: RE/MAX Aspire
Listed By: Justin Upp
Source: Kramerrealestategroup
Added: Jul 9 Changed: Aug 25 Last Checked: Aug 26 at 6:55AM

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.

115 N Michigan St is a mixed-use commercial property positioned along Michigan Street in downtown Argos. The property is designed as a storefront-focused asset and is presented as flexible for a range of future uses.

Located in the heart of downtown, the property benefits from walkable access to surrounding local businesses and strong street-level visibility along Michigan Street.

The offering includes a total property size of approximately 4,000 square feet, giving prospective buyers room to adapt the space to their intended commercial direction.

Key Highlights

  • Mixed‑use commercial property on Michigan Street in downtown Argos with a storefront configuration
  • Built in 1920 with brick exterior and shingle/wood/masonry exterior finishes
  • Full basement with smoke/fire alarm, drywall interior, and city fire protection

Property Analytics

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.

Location Intelligence

Trade Area within ½ mile

122
Businesses Nearby
Balanced
Demand for This Use

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

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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Storefront property - Mixed-use commercial property on Michigan Street in downtown Argos, offering a storefront configuration for a variety of uses.
Where is this storefront property located?
The property is located at 115 N Michigan Street Argos Argos, IN.
What is the asking price?
The asking price for this property is $175,000.
What are key features of this property?
This property features: Mixed‑use commercial property on Michigan Street in downtown Argos with a storefront configuration; Built in 1920 with brick exterior and shingle/wood/masonry exterior finishes; Full basement with smoke/fire alarm, drywall interior, and city fire protection
More about this property
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