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Well-Kept Office Building with Storage
For Sale
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118-122 N Detroit St, Lagrange, IN 46761

Commercial space is well-kept, with additional storage included and mixed-use capability for apartments upstairs.

Property Size12,804 SF
Days on Market1170

Property Features for 118-122 N Detroit St

General Information

Standard status Active
Size 12,804 SF
Property subtype OFFICE
Lease Type NNN
Listing Agency: The Zacher Company
Listed By: Dan Gabbard · License #RB16000634
Source: Moodyscre
Added: May 18, 2023 Changed: Jul 25 Last Checked: Jul 29 at 2:50PM

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 The Zacher Company

Investment Insights

Based on property information with market context.

This for-sale property includes recently vacated commercial space in a well-kept, good-condition building. The offering also includes additional storage to support day-to-day operations.

Located at 118-122 N Detroit St in Lagrange, IN, the building has mixed-use capability, including the possibility of apartments upstairs. The layout supports commercial use on the street level while accommodating residential conversion considerations for the upper portion.

As presented, the property offers value-add potential tied to the availability of the recently vacated commercial space, along with included storage to help streamline tenant or owner use.

Key Highlights

  • Commercial space in good condition, with recently vacated space providing potential for a new tenant or use
  • Mixed‑use capability, including possibility for apartments upstairs
  • Additional storage included with the property

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Bakery Garden Center (Bike/Boat/Book/etc) Store Skin Care Clinic Gym & Fitness Center Building Supply

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

426
Businesses Nearby

Demographics for 46761, IN

12,902
Population
4,466
Households
2.9
Avg Household Size
32
Median Age
10%
College-Educated
66%
High-School Grad
123.1 sq mi
ZIP Area
105
Density / Sq Mi
$72,088
Median Household Income
$41,682
Median Earnings
$766
Median Rent
$205,200
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?
Office building - Commercial space is well-kept, with additional storage included and mixed-use capability for apartments upstairs.
Where is this office building located?
The property is located at 118-122 N Detroit St Lagrange, IN.
What are key features of this property?
This property features: Commercial space in good condition, with recently vacated space providing potential for a new tenant or use; Mixed‑use capability, including possibility for apartments upstairs; Additional storage included with the property
(260) 704-5409 Call to check price and availability
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