Former Bank Building with
For Sale
$475,000
118 E Michigan Street, New Carlisle, IN 46552
COMMERCIAL, New Carlisle, IN
Property SizeContact for details
Lot Size0.28 Acres
Days on Market1379
Property Features for 118 E Michigan Street
General Information
Property type
Commercial Sale
Property subtype
Other
Rooms
Basement
Parking features
Off Street
Lot features
City, Commercial
Directions
US 20 West become Michigan St in New Carlisle.
Subdivision
St. Joseph County
Standard status
Active
APN
71-01-34-235-007.000-018
Lot size
0.28 Acres
Taxes and HOA fees
Tax Year
2021
Tax Description
32' E Side Lot 21 & W 1/2 Vac Alley E & Adj O P New Carlisle
Tax Annual Amount
5500
Legal Description
32' E Side Lot 21 & W 1/2 Vac Alley E & Adj O P New Carlisle
Utilities
Cooling system
Multi Units, Central Air
Amenities
drive-thru window
high decorative ceilings
pristine vault
large counter top area
Building Details
Year built
1900
Flooring type
Vinyl, Slate, Carpet
Roof type
Rubber
Listing Agency:
Re/Max County Wide 1st · RE/MAX International
(574) 273-9547
Listed By:
Kim Huston · License #RB14023503
(574) 532-2128
Added: Nov 11, 2022
Changed: Aug 19
Last Checked: Aug 21 at 7:06PM
MLS# 202246456
Copyright © 2026 Greater South Bend-Mishawaka Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Former bank building on a 0.28-acre lot featuring a drive-thru window designed to host 2 customers. The current main-floor layout includes a front lobby with a large countertop area, high decorative ceilings, and a pristine vault, along with multiple room and space options for customization. An additional basement is listed among the rooms. The second floor is described as massive and unfinished, with over 1900 sq ft and super high ceilings offering wide-open space for a range of uses.
The property is located in downtown New Carlisle within the business, restaurant, and storefront district, where the remarks cite an abundance of US Highway vehicle and foot traffic.
Building details include slate, carpet, and vinyl flooring, multi-unit central air cooling, off-street parking, and a rubber roof. The property is listed as built in 1900.
The property is located in downtown New Carlisle within the business, restaurant, and storefront district, where the remarks cite an abundance of US Highway vehicle and foot traffic.
Building details include slate, carpet, and vinyl flooring, multi-unit central air cooling, off-street parking, and a rubber roof. The property is listed as built in 1900.
Key Highlights
- Drive‑thru window designed to host 2 customers
- 0.28‑acre lot
- Unfinished second floor with over 1900 sq ft and super high ceilings
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
158
Businesses Nearby
Explore this area
Business Placement
Demographics for 46552, IN
6,478
Population
2,981
Households
2.2
Avg Household Size
43
Median Age
30%
College-Educated
94%
High-School Grad
63.9 sq mi
ZIP Area
101
Density / Sq Mi
$79,464
Median Household Income
$53,849
Median Earnings
$811
Median Rent
$211,500
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Bank - Former bank building with a drive-thru window for two customers and flexible main-floor room options.
Where is this bank located?
The property is located at 118 E Michigan Street New Carlisle, IN.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Drive‑thru window designed to host 2 customers; 0.28‑acre lot; Unfinished second floor with over 1900 sq ft and super high ceilings
