521 W Michigan Street, New Carlisle, IN 46552

Building Details

Buildings 1 More

Stories 2 More

Construction solid block More

Listing Agency: RE/MAX County Wide 1st

Listed By: Brad Anderson · License #IN 14034891 Show Phone

Source: Crexi

Added: Nov 5 Changed: Nov 8 Last Checked: Nov 8 at 5:45PM

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Investment Insights

Based on property information with market context.

This 5,040-square-foot mixed-use building has solid block construction, a commercial storefront on the main level and two apartments upstairs. Each apartment contains two bedrooms and two bathrooms, combining residential and commercial space within one property.

Located at 521 W Michigan Street in New Carlisle, Indiana, the building is offered without a liquor license. The ground-floor space is described for retail, office or service business use.

Key Highlights

• 5,040‑square‑foot building with commercial and residential space
• Solid block construction
• Ground‑floor storefront

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

LibertyX Bitcoin ATM Atm Cardtronics ATM Atm Expo Discount Liquor (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Dental Office HVAC Service Electrical Service Furniture & Home Goods Grocery & Convenience Store Hair Salon

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

2

Residential units

Location Intelligence

Trade Area within ½ mile

186

Businesses Nearby

Explore this area Business Placement

Demographics for 46552, IN

6,478

Population

2,981

Households

2.2

Avg Household Size

43

Median Age

30%

College-Educated

94%

High-School Grad

63.9 sq mi

ZIP Area

101

Density / Sq Mi

$79,464

Median Household Income

$53,849

Median Earnings

$811

Median Rent

$211,500

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?

Mixed-use property - Two upstairs apartments provide residential space alongside the ground-floor commercial area.

Where is this mixed-use property located?

The property is located at 521 W Michigan Street New Carlisle, IN.

What is the asking price?

The asking price for this property is $349,900.

What are key features of this property?

This property features: 5,040‑square‑foot building with commercial and residential space; Solid block construction; Ground‑floor storefront