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Mixed-Use Building with Apartment
For Sale
$275,000

116 S Maple St, Orleans, IN 47452

Open commercial space pairs with updated residential quarters for a flexible owner-occupant or business-use configuration.

Property Size3,360 SF
Price / SF$81.85
Days on Market13

Property Features for 116 S Maple St

General Information

Standard status Active
Size 3,360 SF
Property subtype Multi-Family

Building Details

Year Built 1900
Buildings 1
Abandoned No
Listing Agency: Williams Carpenter Realtors
Listed By: Natasha Johns
Source: Callcriswell
Added: Aug 16 Changed: Aug 28 Last Checked: Aug 25 at 4:14AM

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 Williams Carpenter Realtors

Investment Insights

Based on property information with market context.

This mixed-use property combines an open commercial level with an upper-floor apartment. The main level is currently configured as a dance studio and includes a half bathroom, while the adaptable layout can support a range of commercial operations. Recent work includes replacement wiring, plumbing, and flooring, along with refreshed bathrooms, front windows, the entry door, kitchenette, and hot water heaters.

The apartment has a private rear entry, foyer, electric fireplace, open living room and kitchen, bedroom, one full bathroom, one half bathroom, and laundry area. Kitchen appliances are included. Exterior improvements include a new building façade and a rear concrete pad. The property is located at 116 S Maple Street in Orleans, Indiana.

Key Highlights

  • Mixed‑use layout with an open commercial main level and upper‑level apartment
  • Main level currently operates as a dance studio and includes a half bathroom
  • Upper apartment includes one bedroom, one full bathroom, one half bathroom, and laundry area

Property Analytics

Current Use

Live-work space

Suggested Use

Top Pick Real Estate Agency HVAC Service Dental Office Law Firm Plumbing Service Kitchen & Bath Showroom

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

163
Businesses Nearby

Demographics for 47452, IN

5,285
Population
2,198
Households
2.4
Avg Household Size
40
Median Age
12%
College-Educated
88%
High-School Grad
99.1 sq mi
ZIP Area
53
Density / Sq Mi
$71,031
Median Household Income
$36,862
Median Earnings
$848
Median Rent
$168,000
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Open commercial space pairs with updated residential quarters for a flexible owner-occupant or business-use configuration.
Where is this mixed-use property located?
The property is located at 116 S Maple St Orleans, IN.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: Mixed‑use layout with an open commercial main level and upper‑level apartment; Main level currently operates as a dance studio and includes a half bathroom; Upper apartment includes one bedroom, one full bathroom, one half bathroom, and laundry area
More about this property
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