Building Details

Year Built 1900

Listing Agency: Remax Integrity

Listed By: Pamela Waller · License #RB14031834 Show Phone

Source: Spencerchildersgroup

Added: Sep 9 Changed: Sep 10 Last Checked: Sep 11 at 1:41PM

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Investment Insights

Based on property information with market context.

This storefront commercial space at 127 S State St in South Whitley dates to 1900 and includes two restrooms, a 3-bay sink, and two commercial walk-in coolers or refrigerators. The interior was previously used for restaurant operations and can accommodate retail, restaurant, or service-based business use, subject to the tenant’s plans and applicable requirements.

The property occupies a corner location in downtown South Whitley, within walking distance of South Whitley Park and Downtown Alley. A 3-year lease term is required, with first and last month’s rent collected as the security deposit.

Key Highlights

• Corner storefront location in downtown South Whitley
• Two restrooms and a 3‑bay sink
• Two commercial walk‑in coolers or refrigerators

Property Analytics

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Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency HVAC Service Hair Salon Auto Parts Store Grocery & Convenience Store 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

NNN (Triple Net)

Lease Type

$0.63 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

135

Businesses Nearby

10k

Monthly Visits Nearby

Balanced

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 87% Dining 13%

Dollar General Shops & Services

5,573 visits/mo 0.3 miles

Marathon Petroleum Shops & Services

3,466 visits/mo 0.1 miles

SUBWAY Dining

1,403 visits/mo 0.1 miles

Demographics for 46787, IN

3,902

Population

1,569

Households

2.5

Avg Household Size

40

Median Age

19%

College-Educated

87%

High-School Grad

65.7 sq mi

ZIP Area

59

Density / Sq Mi

$70,030

Median Household Income

$44,138

Median Earnings

$765

Median Rent

$158,500

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 lease rate? Find similar properties What are key features of this property?

Frequently Asked Questions

What type of property is this?

Storefront property - Downtown commercial space with restaurant infrastructure and a flexible layout for retail or service-oriented use.

Where is this storefront property located?

The property is located at 127 S State St South Whitley, IN.

What is the lease rate?

The lease rate is $800/Mo.

What are key features of this property?

This property features: Corner storefront location in downtown South Whitley; Two restrooms and a 3‑bay sink; Two commercial walk‑in coolers or refrigerators