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

118 S Elizabeth Street, Angola, IN 46703

COMMERCIAL, Angola, IN

Property SizeContact for details
Lot Size207.00 Acres
Days on Market6

Property Features for 118 S Elizabeth Street

General Information

Property type Commercial Sale
Property subtype Other
Lot features City
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
Lot size 207.00 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 3639
Legal Description PT LOTS 77 & 78 OP CITY OF ANGOLA .207A (c)

Utilities

Cooling system Central Air

Building Details

Year built 1920
Flooring type Tile - Ceramic, Carpet
Listing Agency: RE/MAX Results · RE/MAX International
Listed By: Christy Thomson
Added: Oct 23 Last Checked: Oct 28 at 6:06PM
MLS# 202643988

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.

Rey
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Investment Insights

Based on property information with market context.

This mixed-use building combines ground-floor commercial space with a four-bedroom, two-bathroom residence on the upper level. The residence has a separate entrance, central air, and a mix of ceramic tile and carpet flooring. The building dates to 1920.

Cork N' Barrel currently occupies part of the main floor. The owners use the kitchen and rear section, while the upstairs residence is owner-occupied and is expected to be vacated upon sale. The property has also housed a restaurant, providing a commercial setting alongside the residential component.

Key Highlights

  • Four‑bedroom, two‑bathroom residence on the upper floor
  • Separate entrance for the upper‑level residence
  • Cork N' Barrel occupies part of the main floor

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Conventional restaurants

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
38k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 67% Dining 33%
Dollar General Shops & Services
8,662 visits/mo 0.1 miles
Marathon Petroleum Shops & Services
7,657 visits/mo 0.3 miles
Wings Etc. Dining
4,637 visits/mo 0.1 miles
SUBWAY Dining
4,478 visits/mo 0.4 miles
AutoZone Shops & Services
4,403 visits/mo 0.4 miles

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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Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - The upper floor contains a four-bedroom residence with a separate entrance above ground-level commercial space.
Where is this mixed-use property located?
The property is located at 118 S Elizabeth Street 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: Four‑bedroom, two‑bathroom residence on the upper floor; Separate entrance for the upper‑level residence; Cork N' Barrel occupies part of the main floor
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