Building Details

Year Built 1945

Listing Agency: Coldwell Banker Commercial 1st Choice

Listed By: Liliana Ake · License #RB14037067

Source: Crexi

Added: Mar 24 Changed: Aug 8 Last Checked: Aug 11 at 12:56PM

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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 Commercial 1st Choice

Investment Insights

Based on property information with market context.

This charming cottage, known as "The Little Gingerbread House," offers a blend of character, comfort, and versatility. The property is both cozy and spacious, providing a sense of peace and tranquility. Currently operating as a hair salon, it presents a turnkey business opportunity or can be reimagined as a small business space or a residential home. The interior features three versatile rooms, a kitchen area, bathroom, and storage space. Recent updates include improvements to plumbing, windows, furnace, central air, water heater, and flooring, providing modern efficiency while preserving its unique charm. This property is located on West Main Street in Westville, Indiana.

Key Highlights

• Turnkey business opportunity as an established hair salon or easily converted to other small business/residential use.
• Recent updates to plumbing, windows, furnace, central air, water heater, and flooring.
• Charming cottage with a unique character and peaceful ambiance.

Property Analytics

Property Profile

Current Use

Retail space

Suggested Use

Top Pick Building Supply Parking Lot & Garage HVAC Service Dental Office Garden Center Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

176

Businesses Nearby

22k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 94% Dining 6%

Casey's General Store Shops & Services

16,161 visits/mo 0.4 miles

Mobil Shops & Services

4,219 visits/mo 0.5 miles

SUBWAY Dining

1,377 visits/mo 0.2 miles

Demographics for 46391, IN

9,077

Population

2,174

Households

4.2

Avg Household Size

38

Median Age

14%

College-Educated

83%

High-School Grad

39.7 sq mi

ZIP Area

229

Density / Sq Mi

$86,955

Median Household Income

$48,004

Median Earnings

$1,197

Median Rent

$254,600

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?

Retail space - Charming cottage suitable for business or residential use.

Where is this retail space located?

The property is located at 358 W Main Street Westville, IN.

What is the asking price?

The asking price for this property is $145,000.

What are key features of this property?

This property features: Turnkey business opportunity as an established hair salon or easily converted to other small business/residential use.; Recent updates to plumbing, windows, furnace, central air, water heater, and flooring.; Charming cottage with a unique character and peaceful ambiance.