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Mixed-Use Building with Main-Level Storefront
For Sale
$106,000

716 E Main Street, Petersburg, IN 47567

COMMERCIAL - Petersburg, IN

Property SizeContact for details
Lot Size0.06 Acres
Days on Market99

Property Features for 716 E Main Street

General Information

Property type Commercial Sale
Property subtype Other
Directions Traveling south on Highway 61, turn right on Main St. The building will be on the right after 8th St.
Subdivision Pike County
Standard status Active
APN 63-02-27-408-015.000-012
Lot size 0.06 Acres

Taxes and HOA fees

Tax Description 012-00431-00 ORIG 24 X 105 PT 71
Tax Annual Amount 2059
Legal Description 012-00431-00 ORIG 24 X 105 PT 71

Utilities

Cooling system Central Air

Amenities

large display windows
open kitchen/living area
fireplace

Building Details

Year built 1900
Flooring type Laminate, Carpet
Roof type Rubber, Flat
Listing Agency: KLEIN RLTY&AUCTION, INC.
Listed By: Cameron Engstrom · License #RB18001684
Added: May 5 Changed: Aug 4 Last Checked: Aug 11 at 10:06PM
MLS# 202616995

Copyright © 2026 Southwest 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 downtown mixed-use property at 716 E Main Street in Petersburg offers retail storefront space on the main level and a residential apartment on the upper level. The street-level space features large display windows and Main Street frontage, providing a visible, customer-facing setup. The upstairs unit includes an open kitchen/living area and a fireplace, with laminate and carpet flooring. The building is cooled with central air, and the roof is described as flat rubber.

The property has previously been used for both commercial and residential purposes, which can support a range of future uses, including renovation or an owner-occupant setup. Set on a 0.06-acre lot, the building was constructed in 1900.

This configuration can appeal to users looking to combine street-level commercial activity with residential space above, or to buyers planning updates to align the property with their intended mix of uses.

Key Highlights

  • Main‑level commercial storefront with large display windows and Main Street frontage
  • Upper‑level apartment with open kitchen/living area and fireplace
  • Central air cooling

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Building Supply Electrical Service Dental Office (Bike/Boat/Book/etc) Store HVAC Service

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

165
Businesses Nearby
414
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Napa Auto Parts Shops & Services
414 visits/mo 0.4 miles

Demographics for 47567, IN

5,804
Population
2,750
Households
2.1
Avg Household Size
43
Median Age
17%
College-Educated
89%
High-School Grad
115.5 sq mi
ZIP Area
50
Density / Sq Mi
$64,890
Median Household Income
$45,378
Median Earnings
$643
Median Rent
$130,700
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Downtown mixed-use building featuring a street-level storefront with large display windows and an upstairs apartment with fireplace.
Where is this mixed-use property located?
The property is located at 716 E Main Street Petersburg, IN.
What is the asking price?
The asking price for this property is $106,000.
What are key features of this property?
This property features: Main‑level commercial storefront with large display windows and Main Street frontage; Upper‑level apartment with open kitchen/living area and fireplace; Central air cooling
More about this property
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