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Mixed-Use Property with Apartments
For Sale
$670,000

15 N Main St, Knox, IN 46534

Includes commercial office occupancy, two upstairs apartments, unfinished basement space, and coin-operated laundry facilities.

Property Size3,180 SF
Price / SF$210.69
Days on Market25

Property Features for 15 N Main St

General Information

Standard status Active
Size 3,180 SF

Building Details

Year Built 1900
Listing Agency: RE/MAX 1ST CHOICE REALTORS
Listed By: Jason Wampler, John Wampler · License #24627
Source: Spencerchildersgroup
Added: Aug 30 Changed: Sep 22 Last Checked: Sep 22 at 7:09PM

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 1ST CHOICE REALTORS

Investment Insights

Based on property information with market context.

This mixed-use offering combines commercial and residential space across two properties. The main building includes occupied office space on the ground floor, additional interior area, and a full unfinished basement that can support storage or additional rental space. Two 2-bedroom apartments occupy the upper level, each with large kitchens and open great-room layouts. Coin-operated laundry equipment is also included.

The second property, at 207 S Heaton St, is an all-brick residential building with five units, full occupancy, coin laundry, and asphalt off-street parking. The properties are located at 15 N Main Street and 207 S Heaton St in Knox, with street and alley access. The downtown setting provides walking access to schools and shopping.

Key Highlights

  • Nine rental units across two properties
  • Two upstairs 2‑bedroom apartments with large kitchens and great‑room layouts
  • All‑brick 5‑unit residential property at 207 S Heaton St

Property Analytics

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Current Use

Office buildings

Suggested Use

Top Pick Dental Office Real Estate Agency Building Supply HVAC Service Electrical Service Kitchen & Bath Showroom

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

240
Businesses Nearby

Demographics for 46534, IN

11,247
Population
5,614
Households
2
Avg Household Size
43
Median Age
12%
College-Educated
84%
High-School Grad
119.9 sq mi
ZIP Area
94
Density / Sq Mi
$60,248
Median Household Income
$32,470
Median Earnings
$634
Median Rent
$159,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - Includes commercial office occupancy, two upstairs apartments, unfinished basement space, and coin-operated laundry facilities.
Where is this mixed-use property located?
The property is located at 15 N Main St Knox, IN.
What is the asking price?
The asking price for this property is $670,000.
What are key features of this property?
This property features: Nine rental units across two properties; Two upstairs 2‑bedroom apartments with large kitchens and great‑room layouts; All‑brick 5‑unit residential property at 207 S Heaton St
More about this property
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