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Two-Story Mixed-Use Property
New
For Sale
$285,000

157 N River Rd, Ligonier, IN 46767

Commercial zoning supports professional uses on the main level with a separately accessed apartment above.

Property Size2,880 SF
Lot Size1.19 Acres
Price / SF$98.96
Days on Market2

Property Features for 157 N River Rd

General Information

Standard status Active
Size 2,880 SF
Lot size 1.19 Acres
Zoning Commercial

Units

Unit Mix 1 x 1BR/1BA
Multifamily Units 1
Office Units 1

Amenities

storage shed

Building Details

Year Built 1970
Buildings 1
Stories 2
Listing Agency: Re/Max Partners
Listed By: Taya Jacobs · License #RB17001468
Source: Spencerchildersgroup
Added: Sep 6 Last Checked: Sep 7 at 12:16PM

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 Partners

Investment Insights

Based on property information with market context.

Located at 157 N River Rd in Ligonier, this 2,880-square-foot mixed-use property occupies 1.19 acres and includes two distinct levels. The 2,016-square-foot main floor contains a reception area, a 24' x 36' open room, two treatment rooms, a private office, breakroom, and 1.5 baths. A separate entrance leads to the 864-square-foot upstairs apartment, which has one bedroom and one bath.

The property sits on a corner lot with a private parking area and convenient access for customers, clients, and tenants. Recent improvements include a furnace, A/C system, and shingled roof. An 8' x 14' storage shed provides additional on-site storage. Zoned Commercial, the building combines ground-floor commercial space with a separate residential component.

Key Highlights

  • 2,880‑square‑foot mixed‑use property on 1.19 acres
  • 2,016‑square‑foot commercial main level with reception, open area, treatment rooms, office, breakroom, and 1.5 baths
  • 864‑square‑foot upstairs apartment with one bedroom, one bath, and separate entrance

Property Analytics

Current Use

Spine Sports & Industrial ... Physician

Suggested Use

Top Pick Auto Repair Shop Auto Parts Store Building Supply Nail Salon Restaurant Storage Facility

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

1
Office units
1
Residential units

Location Intelligence

Trade Area within ½ mile

58
Businesses Nearby

Demographics for 46767, IN

8,599
Population
3,209
Households
2.7
Avg Household Size
30
Median Age
9%
College-Educated
59%
High-School Grad
67.8 sq mi
ZIP Area
127
Density / Sq Mi
$75,827
Median Household Income
$45,377
Median Earnings
$872
Median Rent
$186,200
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 - Commercial zoning supports professional uses on the main level with a separately accessed apartment above.
Where is this mixed-use property located?
The property is located at 157 N River Rd Ligonier, IN.
What is the asking price?
The asking price for this property is $285,000.
What are key features of this property?
This property features: 2,880‑square‑foot mixed‑use property on 1.19 acres; 2,016‑square‑foot commercial main level with reception, open area, treatment rooms, office, breakroom, and 1.5 baths; 864‑square‑foot upstairs apartment with one bedroom, one bath, and separate entrance
More about this property
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