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Historic Mixed-Use Building in LaGrange
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118-122 N Detroit St. LaGrange, Lagrange, IN 46761

12,804 SF mixed-use property with value-add potential.

Property Size12,804 SF
Days on Market1170

Property Features for 118-122 N Detroit St. LaGrange

General Information

Standard status Active
Size 12,804 SF
Property subtype Office

Building Details

Year Built 1890
Listing Agency: The Zacher Company
Listed By: Kaleb Haimes · License #RB 18001659
Source: Crexi
Added: May 18, 2023 Changed: Jul 6 Last Checked: Jul 30 at 11:01AM

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 The Zacher Company

Investment Insights

Based on property information with market context.

Located at 118-122 N. Detroit St. in LaGrange, Indiana, this 12,804 SF property was built in 1890. The historic building offers value-add potential and features recently vacated commercial space with mixed-use capability. There is the prospect of adding apartments upstairs. The property includes additional storage. The lease rate is $12.00 per square foot per year, NNN.

Key Highlights

  • Exceptional value‑add potential with recently vacated commercial space and mixed‑use capability.
  • Opportunity to develop apartments upstairs.
  • Meticulously maintained space.

Property Analytics

Current Use

Isalis (Bike/Boat/Book/etc) Store Party City Party Supply Store Skunk Funk Big Box & Wholesale Store Carl's Trading Co Hat Shop Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Garden Center

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

426
Businesses Nearby

Demographics for 46761, IN

12,902
Population
4,466
Households
2.9
Avg Household Size
32
Median Age
10%
College-Educated
66%
High-School Grad
123.1 sq mi
ZIP Area
105
Density / Sq Mi
$72,088
Median Household Income
$41,682
Median Earnings
$766
Median Rent
$205,200
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Office building - 12,804 SF mixed-use property with value-add potential.
Where is this office building located?
The property is located at 118-122 N Detroit St. LaGrange Lagrange, IN.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: Exceptional value‑add potential with recently vacated commercial space and mixed‑use capability.; Opportunity to develop apartments upstairs.; Meticulously maintained space.
(260) 422-8474 Call to check price and availability
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