Listing Agency: LPT Realty j***@gmail.com Show Phone

Listed By: Jeffrey Foster · License #RB14041447 Show Phone

Source: Exprealty

Added: Jul 20 Changed: Aug 20 Last Checked: Aug 22 at 8:57AM

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Investment Insights

Based on property information with market context.

This mixed-use property combines a large commercial main floor with two apartment units that may serve as rental residences. The building also includes a kitchen area, three separate water meters serving the individual units, and updated HVAC equipment. Renovation and upgrade work has been started and completed in various areas of the property.

The commercial space may accommodate uses such as a public venue, restaurant, or office, subject to applicable requirements. Located in downtown Walkerton, the property offers a combination of residential and commercial components within one building. Some available images are renderings intended to illustrate possible finished concepts and do not show the property’s current condition.

Key Highlights

• Two apartment units included as potential rentals
• Large commercial main floor with kitchen area
• Three separate water meters, one for each unit

Property Analytics

Property Profile

Current Use

Duplexes

Suggested Use

Top Pick HVAC Service Law Firm Real Estate Agency Nail Salon Big Box & Wholesale Store Auto Repair Shop

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

Yes

Utilities to site

Location Intelligence

Trade Area within ½ mile

208

Businesses Nearby

Explore this area Business Placement

Demographics for 46574, IN

8,377

Population

3,952

Households

2.1

Avg Household Size

42

Median Age

18%

College-Educated

92%

High-School Grad

97.5 sq mi

ZIP Area

86

Density / Sq Mi

$73,950

Median Household Income

$40,731

Median Earnings

$839

Median Rent

$167,000

Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022

7.5% 2023

7.8% 2024

8% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Mixed-use property - Property features a commercial main floor, kitchen area, two apartments, separate water metering, and updated HVAC.

Where is this mixed-use property located?

The property is located at 714 Roosevelt Rd Walkerton, IN.

What is the asking price?

The asking price for this property is $209,900.

What are key features of this property?

This property features: Two apartment units included as potential rentals; Large commercial main floor with kitchen area; Three separate water meters, one for each unit