16-Unit Mixed-Use
For Sale
$660,000
Pending
202 E 5th Street, Fowler, IN 47944
Recently upgraded commercial property with current tenancy and multiple exterior improvements.
Property Size15,560 SF
Days on Market510
Property Features for 202 E 5th Street
General Information
Standard status
Pending
Size
15,560 SF
Property subtype
Commercial/Industrial
Occupancy
81%
Additional Details
Cap Rate
9%
Taxes and HOA fees
Annual Taxes
$5,350
Building Details
Year Built
1900
Tenancy
Multi
Listing Agency:
RE/MAX Executives
(219) 204-8312
Listed By:
Trisha Potts · License #RB14046118
(219) 204-8312
Source:
Exitrealty
Added: Apr 8, 2025
Changed: Aug 30
Last Checked: Aug 30 at 6:19AM
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 Executives
Investment Insights
Based on property information with market context.
This 16-unit mixed-use commercial property contains 15,560 square feet and dates to 1900. Recent work includes a new roof, replacement exterior doors, and a new upper deck, with each improvement completed within the last 90 days.
The property is located at 202 E 5th Street in Fowler, Indiana. Current occupancy is 81 percent, and the reported cap rate is 9 percent. The combination of multiple commercial units, recent exterior upgrades, and established tenancy provides a clear overview of the asset’s present configuration.
The property is located at 202 E 5th Street in Fowler, Indiana. Current occupancy is 81 percent, and the reported cap rate is 9 percent. The combination of multiple commercial units, recent exterior upgrades, and established tenancy provides a clear overview of the asset’s present configuration.
Key Highlights
- 16‑unit mixed‑use commercial property
- 15,560 square feet
- 9 percent cap rate
Property Analytics
Property Profile
Current Use
Lease Details
81%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
208
Businesses Nearby
7k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 90%
Apparel 10%
Dollar General
Shops & Services
5,609 visits/mo
0.3 miles
Clarks
Apparel
684 visits/mo
0.1 miles
Napa Auto Parts
Shops & Services
468 visits/mo
0.4 miles
Demographics for 47944, IN
3,561
Population
1,597
Households
2.2
Avg Household Size
42
Median Age
19%
College-Educated
89%
High-School Grad
188.9 sq mi
ZIP Area
19
Density / Sq Mi
$53,563
Median Household Income
$41,106
Median Earnings
$883
Median Rent
$129,900
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Recently upgraded commercial property with current tenancy and multiple exterior improvements.
Where is this mixed-use property located?
The property is located at 202 E 5th Street Fowler, IN.
What is the asking price?
The asking price for this property is $660,000.
What are key features of this property?
This property features: 16‑unit mixed‑use commercial property; 15,560 square feet; 9 percent cap rate
