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Mixed-Use Building with Residence
New
For Sale
$399,900

118 S Elizabeth St, Angola, IN 46703

INVESTMENT, Two Story, Angola, IN

Property Size4,790 SF
Lot Size0.21 Acres
Price / SF$83.49
Days on Market2

Property Features for 118 S Elizabeth St

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 4
Bathrooms 4
Full bathrooms 2
Half bathrooms 2
Rooms Bedroom 3, Bathroom 1, Bathroom 2, Bedroom 1, Bathroom 4, Bedroom 4, Bathroom 3, Bedroom 2
Fireplace 1
Lot features City/ Town/ Suburb, Corner, 0-2.9999
Elementary school Hendry Park
Middle school Angola
High school Angola
Elementary school district MSD of Steuben County
Middle school district MSD of Steuben County
High school district MSD of Steuben County
Directions Start at The Mound in downtown Angola. Head north on N Wayne St. Turn left onto W Mill St. Turn left onto S Elizabeth St. Continue to 118 S Elizabeth St.
Subdivision Steuben County
Standard status Active
APN 76-06-26-311-516.000-012
Size 4,790 SF
Lot size 0.21 Acres

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Tax Year 51
Tax Description PT LOTS 77 & 78 OP CITY OF ANGOLA .207A (c)
Tax Annual Amount 1
Legal Description PT LOTS 77 & 78 OP CITY OF ANGOLA .207A (c)

Utilities

Cooling system Central Air

Building Details

Year built 1920
Floors in Building 2
Number of units 3
Flooring type Tile - Ceramic, Laminate, Carpet, Vinyl
Architectural style Other
Buildings 1
Listing Agency: RE/MAX Results · RE/MAX International
Listed By: Christy Thomson
Added: Oct 23 Last Checked: Oct 24 at 6:06AM
MLS# 202643985

Copyright © 2026 Northeastern Indiana 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.

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Investment Insights

Based on property information with market context.

This two-story mixed-use property contains 4,790 square feet on a 0.207-acre parcel. The ground floor includes space occupied by Cork N' Barrel and a kitchen and rear section retained by the owners. The upper level has four bedrooms and a private entrance; the current owners plan to vacate upon sale. The building dates to 1920 and has central air conditioning, a fireplace, and a mix of tile, laminate, carpet, and vinyl flooring.

Key Highlights

  • 4,790‑square‑foot building on a 0.207‑acre parcel
  • Two‑story layout with a four‑bedroom upper‑level residence
  • Separate entrance for the upper‑level living space

Property Analytics

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Current Use

Mixed-use properties

Suggested Use

Top Pick Real Estate Agency (Bike/Boat/Book/etc) Store Bakery Electrical Service Big Box & Wholesale Store Grocery & Convenience Store

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

720
Businesses Nearby

Demographics for 46703, IN

18,837
Population
9,755
Households
1.9
Avg Household Size
39
Median Age
29%
College-Educated
92%
High-School Grad
121.1 sq mi
ZIP Area
156
Density / Sq Mi
$69,940
Median Household Income
$31,554
Median Earnings
$892
Median Rent
$221,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Mixed-use property - A commercial tenant occupies the ground floor, with separately accessed living space above.
Where is this mixed-use property located?
The property is located at 118 S Elizabeth St Angola, IN.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: 4,790‑square‑foot building on a 0.207‑acre parcel; Two‑story layout with a four‑bedroom upper‑level residence; Separate entrance for the upper‑level living space
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