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Historic Mixed-Use Main Street Property
For Sale
$185,000

127 E Main St, North Manchester, IN 46962

Two upper apartments complement flexible retail and office frontage with river views.

Property Size5,280 SF
Price / SF$35.04
Days on Market31

Property Features for 127 E Main St

General Information

Standard status Active
Size 5,280 SF
Zoning General Office/Medical Office

Property Condition

Severity Repairs Needed
Evidence ready for renovation

Additional Details

Floor Main Level
Road Access Yes

Amenities

river views
fireplaces
private balcony
garage
off street parking
original tin ceilings
wood flooring

Building Details

Year Built 1890
Buildings 2
Tenancy Multi
Listing Agency: Manchester Realty
Listed By: Andrea Greer Markham · License #RB14044325
Source: Kmsrealestategroup
Added: Jul 30 Changed: Aug 29 Last Checked: Aug 29 at 4:37PM

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 Manchester Realty

Investment Insights

Based on property information with market context.

Built in 1890, this 5,280-square-foot mixed-use property combines two buildings on one parcel within North Manchester’s Historic District. The main level includes two retail or office fronts. One is arranged for professional, dental, or medical use with a reception and waiting area, multiple finished offices, two half bathrooms, a rear entrance, garage, and off-street parking. The other offers original tin ceilings and wood flooring in an unfinished storefront layout.

Two apartments occupy the upper level, each with two bedrooms, one bathroom, large living areas, a fireplace, and private balcony access from the rear. Both residences capture views of Main Street and the Eel River. The property is zoned General Office/Medical Office, and recent work includes a new roof 5 years ago and masonry tuck pointing. Its location is 127 E Main St, North Manchester, IN 46962.

Key Highlights

  • 5,280‑square‑foot mixed‑use property with two buildings on one parcel
  • Two upper apartments, each with 2 bedrooms, 1 bathroom, a fireplace, and private balcony access
  • Main level includes two retail or office fronts

Property Analytics

Current Use

Medical Office Space

Suggested Use

Top Pick Dental Office Real Estate Agency Law Firm Spa & Massage Center HVAC Service Nail 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.

Lease Details

Multi-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

335
Businesses Nearby

Demographics for 46962, IN

8,592
Population
3,881
Households
2.2
Avg Household Size
43
Median Age
20%
College-Educated
92%
High-School Grad
106.2 sq mi
ZIP Area
81
Density / Sq Mi
$71,863
Median Household Income
$36,782
Median Earnings
$679
Median Rent
$152,500
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Two upper apartments complement flexible retail and office frontage with river views.
Where is this mixed-use property located?
The property is located at 127 E Main St North Manchester, IN.
What is the asking price?
The asking price for this property is $185,000.
What are key features of this property?
This property features: 5,280‑square‑foot mixed‑use property with two buildings on one parcel; Two upper apartments, each with 2 bedrooms, 1 bathroom, a fireplace, and private balcony access; Main level includes two retail or office fronts
More about this property
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