Two-Unit Commercial
For Sale
$235,000
418 Defiance Street, Howe, IN 46746
COMMERCIAL - Howe, IN
Lot Size0.10 Acres
Days on Market122
Property Features for 418 Defiance Street
General Information
Property type
Commercial Sale
Property subtype
Other
Rooms
Basement
Parking features
Off Street
Lot features
City, Commercial
Directions
SR 9 North, turn Righ on 120/Defiance street, follow to property on right.
Subdivision
LaGrange County
Standard status
Active
APN
44-02-30-300-001.100-012
Lot size
0.10 Acres
Taxes and HOA fees
Tax Year
2026
Tax Description
SKAGGS LIMA REPLAT - LOT 1 - .23 AC
Tax Annual Amount
709
Legal Description
SKAGGS LIMA REPLAT - LOT 1 - .23 AC
Utilities
Cooling system
Central Air
Building Details
Year built
1965
Flooring type
Tile, Laminate, Finished, Mixed
Roof type
Metal
Listing Agency:
Mike Thomas Associates
(260) 463-2881
Listed By:
Daniel Orlando · License #RB14051647
(260) 993-2577
Added: Mar 31
Changed: Jul 28
Last Checked: Jul 30 at 2:06PM
MLS# 202610756
Copyright © 2026 Northeastern 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.
This for-sale commercial building features two separate units with individual gas and electric service, including separate electric meters and 200-amp service for each side. The layout supports multiple entry points, and the open unit is suitable for a range of service, retail, storage, or light commercial uses, with the option to modify for overhead doors as needed. One unit is currently leased to a dog grooming business, providing in-place rental income. The building includes a metal roof (approximately 10 years old), improved drainage with downspouts routed to underground piping, a basement area for storage or storm use, and finished upper-level storage above one unit. Additional site features include exterior outlets, lighted signage, and keypad entry on a secondary entrance.
The property is located at 418 E Defiance Street in Howe and sits directly on State Road 120 with steady daily traffic and strong visibility for a business or investment property. Utilities include a new well installed in 2024, city sewer, and NIPSCO gas and electric. Parking is available on the east side with additional nearby overflow options.
Zoning is B4, supporting a range of commercial uses. The building was originally a bus service facility for the city of Howe, and the structure reflects its former configuration.
The property is located at 418 E Defiance Street in Howe and sits directly on State Road 120 with steady daily traffic and strong visibility for a business or investment property. Utilities include a new well installed in 2024, city sewer, and NIPSCO gas and electric. Parking is available on the east side with additional nearby overflow options.
Zoning is B4, supporting a range of commercial uses. The building was originally a bus service facility for the city of Howe, and the structure reflects its former configuration.
Key Highlights
- Two separate rental units with individual gas and electric meters; each unit has 200‑amp service
- Leased space includes a dog grooming business on one side, with the other side set up as open commercial space
- Metal roof is approximately 10 years old; drainage improved with downspouts routed to underground piping
Property Analytics
Property Profile
Current Use
Lease Details
2
Office units
Multi-tenant
Tenancy
Turnkey business
Opportunity
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
4
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 Industrial in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Two separate rental units with individual gas and 200-amp electric service on a highly visible state route.
Where is this flex space located?
The property is located at 418 Defiance Street Howe, IN.
What is the asking price?
The asking price for this property is $235,000.
What are key features of this property?
This property features: Two separate rental units with individual gas and electric meters; each unit has 200‑amp service; Leased space includes a dog grooming business on one side, with the other side set up as open commercial space; Metal roof is approximately 10 years old; drainage improved with downspouts routed to underground piping
