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Retail/Office Storefront Building with Central Air
For Sale
$530,000

409 Third Street, Howe, IN 46746

COMMERCIAL - Howe, IN

Property SizeContact for details
Lot Size0.72 Acres
Days on Market171

Property Features for 409 Third Street

General Information

Property type Commercial Sale
Property subtype Retail
Rooms Basement
Parking features Off Street
Directions State Rd 9 to State Rd 120 turn East, buildings on the East side of Street
Subdivision LaGrange County
Standard status Active
APN 44-02-30-300-001.078-012
Lot size 0.72 Acres

Taxes and HOA fees

Tax Year 4049
Tax Description TOWN OF LIMA LOTS 62 & 97; & N 92' OF LOTS 63 & 96 VILLAGE OF MONGOQUONOG
Tax Annual Amount 2196
Legal Description TOWN OF LIMA LOTS 62 & 97; & N 92' OF LOTS 63 & 96 VILLAGE OF MONGOQUONOG

Utilities

Cooling system Central Air

Building Details

Year built 1861
Flooring type Wood, Tile, Carpet, Vinyl
Roof type Flat
Listing Agency: Coldwell Banker Real Estate Gr
Listed By: Noel Frost · License #RB19000181
Added: Mar 4 Changed: Aug 4 Last Checked: Aug 22 at 4:06AM
MLS# 202606829

Copyright © 2026 Upstate Alliance of REALTORS® Multiple Listing Service, Inc. 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.

Retail/office storefront building in C-1 zoning, restored for a new business and already operating with a tenant for rental income. The property includes a main white building with central air, a flat roof, and interior finishes with vinyl, tile, carpet, and wood flooring. Features noted include a grand staircase and an upstairs area ready for the next build-out for apartments, offices, or potential VRBO-style use.

Set on a .72-acre lot with off-street parking in the front and back, the property is located on high-traffic State Rd 120, about 5 miles from the I-80/90 Toll Road interchange and 10 miles from downtown Shipshewana. It is described as in the heart of Howe, surrounded by restaurants and shops and across from the Town Park.

An additional 30x40 barn is on-site, described as having water, heat, and electrical, with 4 hook-ups for kilns available. It was used as a pottery studio and can also be adapted for events, parties, or storage, or potentially repurposed for other uses.

Key Highlights

  • C‑1 zoned retail/office storefront building restored for a new business
  • .72‑acre lot with off‑street parking in front and back
  • Central Air plus vinyl, tile, carpet, and wood flooring noted

Property Analytics

Current Use

The Kingsbury in Howe Charitable Organization Howe Farmers Market Specialty Food Shop Stutzman Brothers Meat ... Take-out & Catering Kingsbury House Gallery Art Gallery

Suggested Use

Top Pick Building Supply HVAC Service Auto Parts Store Storage Facility Big Box & Wholesale Store Butcher

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

Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

79
Businesses Nearby
Well-served
Demand for This Use

Demographics for 46746, IN

4,003
Population
1,602
Households
2.5
Avg Household Size
38
Median Age
18%
College-Educated
83%
High-School Grad
71.7 sq mi
ZIP Area
56
Density / Sq Mi
$78,250
Median Household Income
$37,191
Median Earnings
$832
Median Rent
$157,000
Median Home Value

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Storefront property - Retail/office C-1 property on a .72-acre lot with central air and off-street parking, plus an upstairs ready for finishing.
Where is this storefront property located?
The property is located at 409 Third Street Howe, IN.
What is the asking price?
The asking price for this property is $530,000.
What are key features of this property?
This property features: C‑1 zoned retail/office storefront building restored for a new business; .72‑acre lot with off‑street parking in front and back; Central Air plus vinyl, tile, carpet, and wood flooring noted
More about this property
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