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Downtown Brick Apartment Building

123 North Market Street Winamac, IN 46996

123 North Market Street, Winamac, IN, 46996
$250,000
For Sale
$250,000

Brick apartment building on a street corner with multiple entrances, cargo elevator, and sprinkler system.

Property Size8,552 SF
Price / SF$29.23
Days on Market319

Property Features for 123 North Market Street

General Information

Standard status
Active
Size
8,552 SF
Property subtype
Multi Family / Other

Building Details

Year Built
1967
Listing agency RE/MAX SELECT REALTY
Listed by Lisa Malchow · License #RB16001784
Source Compass
Added: Sep 7, 2025 Updated: Jul 21 at 11:30PM Checked: Jul 21 at 11:30PM

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 RE/MAX SELECT REALTY


Investment Insights

Based on property information with market context.

This brick commercial building was constructed in 1967 and sits on a poured cement foundation with cement walls. The property offers approximately 8,500 square feet of main floor space plus a full basement of comparable size. It currently includes five rental suites, with potential to be divided for additional rental opportunities.

Located prominently at the corner of Pearl and Market Streets in downtown Winamac, the building provides multiple entrances for convenient access. On-site amenities include a cargo elevator and a sprinkler system.

With its existing suite configuration, basement area, and flexible layout options, the property is designed to support continued rental operations.

Key Highlights

  • Downtown Winamac corner brick commercial building on Pearl and Market Streets
  • 8,500 sq ft main floor space plus full basement of the same size
  • Five rental suites currently, with potential to be divided for additional rental opportunities

Property Analytics

Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Plumbing Service (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Furniture & Home Goods Storage Facility Carpet & Flooring Store Dental Office Pet Grooming Service Accounting Firm Kitchen & Bath Showroom

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - Brick apartment building on a street corner with multiple entrances, cargo elevator, and sprinkler system.
Where is this apartment building located?
The property is located at 123 North Market Street Winamac, IN.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Downtown Winamac corner brick commercial building on Pearl and Market Streets; 8,500 sq ft main floor space plus full basement of the same size; Five rental suites currently, with potential to be divided for additional rental opportunities
Contact an agent
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