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Downtown Mixed-Use Retail Building
For Sale
$419,900

214 & 218 S Main St, Kendallville, IN 46755

Mixed-use building with two retail storefronts and three occupied apartments above.

Property Size15,249 SF
Price / SF$27.54
Days on Market64

Property Features for 214 & 218 S Main St

General Information

Standard status Active
Size 15,249 SF
Occupancy 80%

Additional Details

Multifamily Units 3

Building Details

Year Built 1900
Stories 2
Listing Agency: Weichert Realtors - Hoosier Heartland
Listed By: Trey Forbes · License #RB14050149
Source: Kmsrealestategroup
Added: Jul 10 Changed: Sep 8 Last Checked: Sep 11 at 3:21PM

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 Weichert Realtors - Hoosier Heartland

Investment Insights

Based on property information with market context.

This mixed-use commercial building features two commercial storefront spaces on the main level and three occupied apartments on the upper level. The residential units include two 1-bedroom, 1-bath apartments and one 4-bedroom, 1-bath apartment.

One of the commercial spaces is currently owner-occupied and is set to be available at closing, while the second commercial space and all three residential units are currently leased.

The property is located on S Main Street in downtown Kendallville and benefits from frontage and visibility along a high-traffic downtown corridor, supporting retail-focused tenancy.

Key Highlights

  • Mixed‑use building built in 1900 with two retail storefronts on the main level and three apartments on the upper level
  • Upper level has 3 occupied apartments: two 1‑bedroom, 1‑bath units and one 4‑bedroom, 1‑bath unit
  • One commercial storefront is owner‑occupied and will be available at closing

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick HVAC Service Kitchen & Bath Showroom Bakery Furniture & Home Goods Garden Center Skin Care Clinic

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

3
Residential units
80%
Occupancy

Location Intelligence

Trade Area within ½ mile

347
Businesses Nearby

Demographics for 46755, IN

15,721
Population
6,857
Households
2.3
Avg Household Size
40
Median Age
17%
College-Educated
85%
High-School Grad
74.9 sq mi
ZIP Area
210
Density / Sq Mi
$66,034
Median Household Income
$41,567
Median Earnings
$722
Median Rent
$160,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Mixed-use building with two retail storefronts and three occupied apartments above.
Where is this mixed-use property located?
The property is located at 214 & 218 S Main St Kendallville, IN.
What is the asking price?
The asking price for this property is $419,900.
What are key features of this property?
This property features: Mixed‑use building built in 1900 with two retail storefronts on the main level and three apartments on the upper level; Upper level has 3 occupied apartments: two 1‑bedroom, 1‑bath units and one 4‑bedroom, 1‑bath unit; One commercial storefront is owner‑occupied and will be available at closing
More about this property
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