Retail/Office Storefront Building with Central
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
(260) 489-3336
Listed By:
Noel Frost · License #RB19000181
(260) 585-4112
Added: Mar 4
Changed: Aug 4
Last Checked: Aug 22 at 1:06AM
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.
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
Property Profile
Current Use
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
Explore this area
Business Placement
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
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
