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Two-Storefront Mixed-Use Building
For Sale
$199,000

9485-9587 E State Road 120, Orland, IN 46776

COMMERCIAL, Orland, IN

Property SizeContact for details
Lot Size0.18 Acres
Days on Market185

Property Features for 9485-9587 E State Road 120

General Information

Property type Commercial Sale
Property subtype Other
Rooms Basement
Directions East of four way stop in Orland on South side of road
Subdivision Steuben County
Standard status Active
APN 76-04-20-430-216.000-008
Lot size 0.18 Acres

Taxes and HOA fees

Tax Year 49
Tax Description OP Pt Lot 27 Town of Orland, OP Pt Lot 28 Town of Orland
Tax Annual Amount 3518
Legal Description OP Pt Lot 27 Town of Orland, OP Pt Lot 28 Town of Orland

Utilities

Cooling system Central Air

Building Details

Year built 1900
Flooring type Laminate, Carpet
Listing Agency: Lewis & Lambright Inc
Listed By: Virgen Morales
Added: Mar 25 Changed: Sep 14 Last Checked: Sep 25 at 8:06PM
MLS# 202609942

Copyright © 2026 Northeastern 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 mixed-use commercial building contains two distinct storefronts, creating a multi-space layout for separate business operations. Their prior configurations included attorney-office space in one storefront and carry-out bar service in the other. Carpet and laminate flooring are installed, and the property has central air conditioning.

Additional space is available in the basement for storage. A large second floor currently requires renovation and may be adapted for rental space or storage, subject to the buyer’s plans. The building was constructed in 1900 and is located at 9485-9587 E State Road 120 in Orland, Indiana.

Key Highlights

  • Two separate storefronts with distinct prior commercial uses
  • Large second floor requires renovation and may be adapted for rental space or storage
  • Basement space provides additional storage area

Property Analytics

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Current Use

Storefront properties

Suggested Use

Top Pick Building Supply Barber Shop Real Estate Agency Nail Salon Grocery & Convenience Store Pet Store

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

1
Businesses Nearby

Demographics for 46776, IN

1,528
Population
878
Households
1.7
Avg Household Size
44
Median Age
12%
College-Educated
83%
High-School Grad
25.0 sq mi
ZIP Area
61
Density / Sq Mi
$54,866
Median Household Income
$28,895
Median Earnings
$736
Median Rent
$187,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Mixed-use property - The building combines separate commercial spaces with basement storage and a second floor requiring renovation.
Where is this mixed-use property located?
The property is located at 9485-9587 E State Road 120 Orland, IN.
What is the asking price?
The asking price for this property is $199,000.
What are key features of this property?
This property features: Two separate storefronts with distinct prior commercial uses; Large second floor requires renovation and may be adapted for rental space or storage; Basement space provides additional storage area
More about this property
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