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Mixed-Use Commercial Building
For Sale
$299,900

616 15th St SE, Demotte, IN 46310

Spacious open-concept building with on-site parking and updated major components including a newer electrical panel.

Property Size2,696 SF
Price / SF$111.24
Days on Market97

Property Features for 616 15th St SE

General Information

Standard status Active
Size 2,696 SF

Building Details

Year Built 1958
Listing Agency: Countryside Realty
Listed By: Denise Orsburn
Source: Realtopiare
Added: Jul 20 Changed: Oct 3 Last Checked: Oct 7 at 3:35PM

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 Countryside Realty

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Investment Insights

Based on property information with market context.

This mixed-use commercial building features a flexible, open-concept layout that can support a range of business uses. It was formerly home to both a restaurant and a retail business, offering a configuration that may translate to retail, restaurant, office, showroom, or service-oriented operations. On-site parking is available for customers and employees.

On the systems side, an A/C unit is approximately 5 years old. The water heater is dated 2024. The roof is approximately 10 years old. The electrical panel is newer, and the furnace age is unknown.

Overall, the property is positioned to work for tenants or owners seeking a versatile interior layout paired with practical parking for day-to-day operations.

Key Highlights

  • 1958‑built mixed‑use commercial property with a spacious open‑concept layout
  • Previously used as a restaurant and retail business, with flexible space for retail, restaurant, office, showroom, or service uses
  • On‑site parking for customers and employees

Property Analytics

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Current Use

Jims Cafe Restaurant

Suggested Use

Top Pick Dental Office Restaurant Pharmacy Hair Salon Electrical Service Law Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

176
Businesses Nearby
7k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
O'Reilly Auto Parts Shops & Services
2,527 visits/mo 0.4 miles
Fieldhouse Chrysler Dodge Jeep RAM Shops & Services
2,381 visits/mo 0.4 miles
Super Wash Shops & Services
1,828 visits/mo 0.5 miles

Demographics for 46310, IN

14,126
Population
5,800
Households
2.4
Avg Household Size
41
Median Age
20%
College-Educated
92%
High-School Grad
63.4 sq mi
ZIP Area
223
Density / Sq Mi
$81,083
Median Household Income
$50,805
Median Earnings
$1,060
Median Rent
$213,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Retail space - Spacious open-concept building with on-site parking and updated major components including a newer electrical panel.
Where is this retail space located?
The property is located at 616 15th St SE Demotte, IN.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: 1958‑built mixed‑use commercial property with a spacious open‑concept layout; Previously used as a restaurant and retail business, with flexible space for retail, restaurant, office, showroom, or service uses; On‑site parking for customers and employees
More about this property
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