Search
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 Market115

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: Oct 7 at 5:36PM

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

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

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

Who owns this building? See the owner, sales and loan history
Open Analytics

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

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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
Preferred Make Realmo a preferred source.

Our comps and market reports get this label in your Google results.

Add as a preferred source on Google One click on Google
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved