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Renovated Two-Story Storefront
For Sale
$300,000

216 S State St, South Whitley, IN 46787

LB zoning accommodates business uses along with R1 and R2 development opportunities.

Property Size4,408 SF
Price / SF$68.06
Days on Market44

Property Features for 216 S State St

General Information

Standard status Active
Size 4,408 SF
Zoning LB

Site & Location

Highway Access Yes
Road Access Yes

Building Details

Year Built 1900
Buildings 1
Stories 2
Listing Agency: ERA Crossroads
Listed By: Jeanne List · License #RB14034279
Source: Kmsrealestategroup
Added: Jul 18 Changed: Aug 30 Last Checked: Aug 25 at 4:58AM

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 ERA Crossroads

Investment Insights

Based on property information with market context.

This renovated storefront property offers two levels configured as a blank canvas for final build-out. Improvements include work from the foundation through a new roof, replacement of the full front façade, and a more contemporary exterior appearance. Renovation documentation is available for buyer review.

Located at 216 S State St in South Whitley, the building has access from both the street and rear alley, with convenient street parking nearby. The property also provides access to SR14 and SR205. LB zoning accommodates business uses and R1/R2 development opportunities, supporting a range of potential configurations.

Key Highlights

  • Two‑story storefront property with blank‑slate interior for final build‑out
  • LB zoning includes business, R1, and R2 development opportunities
  • Renovations include foundation work, a new roof, and replacement of the full front façade

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Hair Salon HVAC Service Auto Parts Store Spa & Massage Center Nail Salon

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

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

144
Businesses Nearby
10k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Shops & Services 87% Dining 13%
Dollar General Shops & Services
5,573 visits/mo 0.5 miles
Marathon Petroleum Shops & Services
3,466 visits/mo 0.1 miles
SUBWAY Dining
1,403 visits/mo 0.1 miles

Demographics for 46787, IN

3,902
Population
1,569
Households
2.5
Avg Household Size
40
Median Age
19%
College-Educated
87%
High-School Grad
65.7 sq mi
ZIP Area
59
Density / Sq Mi
$70,030
Median Household Income
$44,138
Median Earnings
$765
Median Rent
$158,500
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Storefront property - LB zoning accommodates business uses along with R1 and R2 development opportunities.
Where is this storefront property located?
The property is located at 216 S State St South Whitley, IN.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: Two‑story storefront property with blank‑slate interior for final build‑out; LB zoning includes business, R1, and R2 development opportunities; Renovations include foundation work, a new roof, and replacement of the full front façade
More about this property
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