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Mixed-Use Building with Retail
For Sale
$289,000

320 2nd St, Aurora, IN 47001

Three-level property combines ground-floor retail with two residential rental apartments.

Property Size5,988 SF
Price / SF$48.26
Days on Market14

Property Features for 320 2nd St

General Information

Standard status Active
Size 5,988 SF

Units

Unit Mix 1 x 1BR/1BA, 1 x 2BR/1BA
Multifamily Units 2

Additional Details

Utilities to Site Yes

Building Details

Buildings 1
Stories 3
Listing Agency: Coldwell Banker Realty
Listed By: Jay Knowles
Source: Exprealty
Added: Aug 18 Changed: Aug 30 Last Checked: Aug 30 at 3:12PM

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 Coldwell Banker Realty

Investment Insights

Based on property information with market context.

This 5,988-square-foot mixed-use building includes retail space on the first floor and residential rental apartments on the second and third floors. The ground-level space currently houses the Aurora High School Museum. The property is located in downtown Aurora near the Main Street area.

The second-floor apartment contains one bedroom, one bathroom, a kitchen, laundry room, two living rooms, and an unfinished room that could become an additional bedroom. The third-floor apartment offers two bedrooms, a full bathroom, kitchen, dining area, living room, and laundry. Each floor has its own furnace, with separate gas, water, and electric meters serving the floors independently.

Key Highlights

  • 5,988 SF mixed‑use building in downtown Aurora near the Main Street area
  • First‑floor retail space currently houses the Aurora High School Museum
  • Two upper‑floor residential rental apartments

Property Analytics

Current Use

Riverside Tile & Marble General Contractor

Suggested Use

Top Pick Electrical Service (Bike/Boat/Book/etc) Store Auto Parts Store Bakery Dental Office Garden Center

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

2
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

347
Businesses Nearby
14k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Shell Shops & Services
8,615 visits/mo 0.2 miles
Sinclair Shops & Services
3,798 visits/mo 0.1 miles
U.S. Bank Shops & Services
1,273 visits/mo 0.1 miles
New Seasons Auction and Estates Shops & Services
666 visits/mo 0.1 miles

Demographics for 47001, IN

10,208
Population
4,529
Households
2.3
Avg Household Size
43
Median Age
18%
College-Educated
92%
High-School Grad
76.2 sq mi
ZIP Area
134
Density / Sq Mi
$72,560
Median Household Income
$42,146
Median Earnings
$848
Median Rent
$190,300
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
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Three-level property combines ground-floor retail with two residential rental apartments.
Where is this mixed-use property located?
The property is located at 320 2nd St Aurora, IN.
What is the asking price?
The asking price for this property is $289,000.
What are key features of this property?
This property features: 5,988 SF mixed‑use building in downtown Aurora near the Main Street area; First‑floor retail space currently houses the Aurora High School Museum; Two upper‑floor residential rental apartments
More about this property
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