Building Details

Year Built 1900

Stories 2

Listing Agency: Lewis & Lambright Inc v***@bnin.net Show Phone

Listed By: Jason Lipps

Source: Kramerrealestategroup

Added: Jul 12 Changed: Aug 28 Last Checked: Aug 29 at 6:20AM

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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 Lewis & Lambright Inc

Investment Insights

Based on property information with market context.

This mixed-use commercial building offers two separate storefront spaces, each with its own character and flexible use. One storefront was previously used as law offices, while the other operated as a carry-out bar, allowing for multiple business configurations depending on how you want to position the property. The building also includes basement space for storage.

A large second floor is included; it currently requires renovation. With the upper level improvements, the second floor could be developed into additional rental space or storage, depending on the buyer’s plans.

For sale as a multi-income commercial property, it can work for an owner-occupant looking to operate within one storefront while leasing the other, or for an investor targeting a multi-tenant setup with value-add renovation upstairs.

Key Highlights

• Mixed‑use commercial building with 2 separate storefronts
• One storefront previously used as law offices; the other operated as a carry‑out bar
• Full basement for storage and equipment; smoke/fire alarms and fire protection listed

Property Analytics

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.

Location Intelligence

Trade Area within ½ mile

63

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

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

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?

Storefront property - Mixed-use building with two separate storefronts, basement storage, and a second floor requiring renovation.

Where is this storefront property located?

The property is located at 9485-9587 E State Road 120 Orland 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: Mixed‑use commercial building with 2 separate storefronts; One storefront previously used as law offices; the other operated as a carry‑out bar; Full basement for storage and equipment; smoke/fire alarms and fire protection listed