Building Details

Year built 1890

Flooring type Tile, Wood

Roof type Rubber

Listing Agency: Re/Max County Wide 1st · RE/MAX International d***@gmail.com Show Phone

Listed By: Dan Kelley · License #RB140228800 Show Phone

Added: Oct 6 Last Checked: Oct 7 at 2:06AM

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MLS# 202641448

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.

This storefront property in downtown New Carlisle dates to 1890 and includes a street-level retail area and a second floor with space for two apartments. The upper-floor apartments require renovation; permits and architectural and engineering reports are required. The main-level space could also be leased for retail use.

The building sits on a 0.08-acre parcel at 125 E Michigan Street. Interior finishes include tile and wood flooring, with a basement and a rubber roof.

Key Highlights

• 1890‑built downtown storefront at 125 E Michigan Street
• 0.08‑acre parcel
• Second‑floor area for two apartments; renovation, permits, and architectural and engineering reports are required

Property Analytics

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Current Use

New Age Baking ... Bakery RJ Clark Studio/Gallery Art Gallery

Suggested Use

Top Pick Dental Office HVAC Service Electrical Service Furniture & Home Goods Grocery & Convenience Store Hair Salon

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

155

Businesses Nearby

Well-served

Demand for This Use

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

8% 2020

7.3% 2021

6.5% 2022

6% 2023

5.7% 2024

6.3% 2025

Questions? Ask Rey

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What type of property is this? Where is this storefront properties located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Storefront property - The upper level offers space for two apartments requiring renovation, while the main floor is suited to retail use.

Where is this storefront property located?

The property is located at 125 E Michigan Street New Carlisle, IN.

What are key features of this property?

This property features: 1890‑built downtown storefront at 125 E Michigan Street; 0.08‑acre parcel; Second‑floor area for two apartments; renovation, permits, and architectural and engineering reports are required