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Two-Story Mixed-Use Building
For Sale
$170,000

127 W Main St, Brook, IN 47922

Restaurant-equipped main level with a two-bedroom apartment above supports multiple commercial and residential functions.

Property Size2,931 SF
Price / SF$58
Days on Market20

Property Features for 127 W Main St

General Information

Standard status Active
Size 2,931 SF
Property subtype Business Opportunity

Additional Details

Equipment Included Yes

Amenities

hardwood floors
soaring ceilings
vintage decorative tin ceiling
exposed brick accent wall
original bank vault
kitchen

Building Details

Buildings 1
Stories 2
Construction brick
Listing Agency: McColly Real Estate
Listed By: Donna Foreman
Source: Realtopiare
Added: Aug 9 Changed: Aug 28 Last Checked: Aug 28 at 12:42PM

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 McColly Real Estate

Investment Insights

Based on property information with market context.

Located at 127 W Main St in Brook, Indiana, this two-story brick mixed-use property contains 2931 square feet and is zoned for mixed use. The 1755-square-foot main floor includes a kitchen, hardwood flooring, high ceilings, decorative tin ceiling details, an exposed brick accent wall, and an original bank vault. Restaurant equipment and supplies are included with the sale.

The upper level provides a 1176-square-foot, 2-bedroom apartment with a stove and refrigerator. It is currently occupied under a month-to-month arrangement, and a new furnace was installed in 2023. The combination of commercial space and an upstairs residence creates a flexible live-work configuration within a historic building.

Key Highlights

  • 2931‑square‑foot, two‑story brick mixed‑use building at 127 W Main St
  • Mixed‑use zoning with 1755 square feet on the main level
  • Upper‑level 1176‑square‑foot, 2‑bedroom apartment

Property Analytics

Current Use

Our place Restaurant

Suggested Use

Top Pick HVAC Service Grocery & Convenience Store Garden Center Plumbing Service Building Supply Daycare Center

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

64
Businesses Nearby

Demographics for 47922, IN

1,482
Population
557
Households
2.7
Avg Household Size
43
Median Age
10%
College-Educated
85%
High-School Grad
68.1 sq mi
ZIP Area
22
Density / Sq Mi
$59,427
Median Household Income
$40,861
Median Earnings
$1,092
Median Rent
$106,100
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 - Restaurant-equipped main level with a two-bedroom apartment above supports multiple commercial and residential functions.
Where is this mixed-use property located?
The property is located at 127 W Main St Brook, IN.
What is the asking price?
The asking price for this property is $170,000.
What are key features of this property?
This property features: 2931‑square‑foot, two‑story brick mixed‑use building at 127 W Main St; Mixed‑use zoning with 1755 square feet on the main level; Upper‑level 1176‑square‑foot, 2‑bedroom apartment
More about this property
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