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Downtown Mixed-Use Retail and Apartments
For Sale
$399,900

214 & 218 S Main Street Kendallville, Kendallville, IN 46755

Mixed-use building with two storefronts and three occupied apartments above, including a unit available at closing.

Property Size15,249 SF
Price / SF$26.22
Days on Market57

Property Features for 214 & 218 S Main Street Kendallville

General Information

Standard status Active
Size 15,249 SF
Total Parking Spaces 20
Property subtype Commercial
Occupancy 100%

Additional Details

Multifamily Units 3

Taxes and HOA fees

Annual Taxes $5,133

Amenities

Block,Drywall
Carpet,Wood,Tile,Vinyl
Yes
No
City
14'
Full Basement,Unfinished
Asphalt
Brick
Off street/rear parking lot
7841
50x155
0.18
20

Building Details

Year Built 1900
Stories 2
Tenancy Multi
Listing Agency: Weichert Realtors - Hoosier Heartland
Listed By: Trey Forbes · License #RB14050149
Source: Kramerrealestategroup
Added: Jul 12 Changed: Sep 5 Last Checked: Sep 5 at 3:54AM

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 includes two storefront spaces on the main level and three occupied apartments on the upper level. The residential layout consists of two 1-bedroom, 1-bath units and one 4-bedroom, 1-bath unit. One of the commercial spaces is owner-occupied and is scheduled to be available at closing, while the second commercial space and all three residential units are currently leased.

The property is located in downtown Kendallville along a high-traffic downtown corridor and within walking distance of local restaurants, shops, and community events, supporting day-to-day commercial visibility.

Overall, the building offers a combined retail and residential income profile, with the opportunity for an owner-occupant to take possession of one storefront at closing while retaining existing leased tenants in place.

Key Highlights

  • Mixed‑use building in downtown Kendallville with two commercial storefronts and three occupied apartments above
  • Upper level has two 1‑bedroom/1‑bath units and one 4‑bedroom/1‑bath unit
  • One commercial space is owner‑occupied and will be available at closing; remaining commercial space and all apartments are leased

Property 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
100%
Occupancy
Multi-tenant
Tenancy

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

Market

Vacancy Rate% for Multifamily in Midwest region

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

What type of property is this?
Mixed-use property - Mixed-use building with two storefronts and three occupied apartments above, including a unit available at closing.
Where is this mixed-use property located?
The property is located at 214 & 218 S Main Street Kendallville Kendallville, IN.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: Mixed‑use building in downtown Kendallville with two commercial storefronts and three occupied apartments above; Upper level has two 1‑bedroom/1‑bath units and one 4‑bedroom/1‑bath unit; One commercial space is owner‑occupied and will be available at closing; remaining commercial space and all apartments are leased
More about this property
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