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45 South Meridian Street Redkey, IN 47373

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For Sale
$129,000

Restored building with retail space and apartment potential.

Type:Commercial / Mixed Use
Property size:
2,614 SF
Added:
Jul 7, 2025
Days on Market:
284
Last Refresh:
Mar 13 at 4:01 pm

Property Features for 45 South Meridian Street

General Information

Standard status
Active
Size
2,614 SF
Property subtype
Commercial / Mixed Use

Building Details

Year Built
1888

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Listing Contact
Mark Leavell

Listing agent Mark Leavell License #RB20222312

Listing office Leavell Real Estate

Listing date Jul 7, 2025

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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 Leavell Real Estate


Overview

Historic Mixed-Use Building in Redkey

This mixed-use building, constructed in 1888, is located in a historic district. The building offers possibilities for various uses, including a restaurant, antique store, retail store, or banquet hall. The property features 1920 square feet per level, along with a full basement. The main level has been largely restored and provides a large open space. The upper floor is currently configured as two apartments, with one 1-bedroom and one 2-bedroom unit. Plumbing is in place to potentially convert the space into three apartments: two 1-bedroom units and one efficiency. These apartments require some work to be rentable. Plex plumbing has been installed in the apartments. The building has a 30-year rubber membrane roof that was installed approximately 5 years ago. The total property size is 2614 square feet.
Location Intelligence

Current Use by Public Records

Storefront properties

Suggested Use

Restaurant Spa & Massage Center Hair Salon Auto Repair Shop Nail Salon Hotel & Motel Gym & Fitness Center Auto Parts Store Department Store Food Market

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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  • Local Demand
City
Redkey
County
Jay
State
Indiana
Longitude
-85.14955
Latitude
40.35155

FAQs

What type of property is this?
Mixed-use property - Restored building with retail space and apartment potential.
Where is this mixed-use property located?
The property is located at 45 South Meridian Street Redkey, IN.
What is the asking price?
The asking price for this property is $129,000.
What are key features of this property?
This property features: Versatile commercial space ideal for a restaurant, retail store, banquet hall, or antique shop.; Income potential with the upper floor configured for two apartments, with the possibility of converting it to three.; Structurally sound, well‑maintained late 19th‑century building.
More about this property
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