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Mixed-Use Property with Upstairs Apartment
For Sale
Under Contract
$229,900

315 W Jefferson Street, Plymouth, IN 46563

COMMERCIAL, Plymouth, IN

Property SizeContact for details
Lot Size0.09 Acres
Days on Market98

Property Features for 315 W Jefferson Street

General Information

Property type Commercial Sale
Property subtype Other
Rooms Basement
Directions From Michigan Street go west on Jefferson Street to sign.
Subdivision Marshall County
Standard status Active Under Contract
APN 50-32-93-101-158.000-019
Lot size 0.09 Acres

Taxes and HOA fees

Tax Description O P Lot 132 E 42'
Tax Annual Amount 4200
Legal Description O P Lot 132 E 42'

Utilities

Cooling system Central Air

Building Details

Year built 1930
Flooring type Carpet
Roof type Asphalt
Listing Agency: MASTERSON & ASSOC., INC.
Listed By: Jim Masterson · License #14011704
Added: Jul 8 Changed: Oct 12 Last Checked: Oct 13 at 12:06AM
MLS# 202627111

Copyright © 2026 North Central Indiana Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Built in 1930, this mixed-use building combines office space on the main level with a one-bedroom apartment upstairs. The office layout includes reception and conference rooms, a private office, kitchenette and storage area, and a half bathroom. The apartment has its own entrance and includes a living room, kitchen, laundry area, and bathroom; it is currently occupied by a tenant.

The property is near the Marshall County courthouse and county building, with access to downtown Plymouth. Natural gas and electric service are separately metered for the two spaces. Additional features include central air, carpet flooring, an asphalt roof, and a basement.

Key Highlights

  • Tenant‑occupied, one‑bedroom apartment with a separate entrance
  • Main‑floor office includes reception, conference room, private office, kitchenette/storage, and half bathroom
  • Separate natural gas and electric meters serve the two spaces

Property Analytics

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Current Use

Office buildings

Suggested Use

Top Pick Real Estate Agency Skin Care Clinic HVAC Service Electrical Service Parking Lot & Garage Storage Facility

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

1
Office units
1
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

617
Businesses Nearby

Demographics for 46563, IN

22,977
Population
10,031
Households
2.3
Avg Household Size
41
Median Age
21%
College-Educated
88%
High-School Grad
153.1 sq mi
ZIP Area
150
Density / Sq Mi
$69,205
Median Household Income
$42,119
Median Earnings
$952
Median Rent
$179,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Separate entrances serve a ground-floor office and a tenant-occupied residence above.
Where is this mixed-use property located?
The property is located at 315 W Jefferson Street Plymouth, IN.
What is the asking price?
The asking price for this property is $229,900.
What are key features of this property?
This property features: Tenant‑occupied, one‑bedroom apartment with a separate entrance; Main‑floor office includes reception, conference room, private office, kitchenette/storage, and half bathroom; Separate natural gas and electric meters serve the two spaces
More about this property
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