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    Nappanee, IN
    Medical Premises

    Nappanee, IN Medical Office Space for Sale

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    Wakarusa, IN Goshen, IN Bremen, IN Leesburg, IN Bourbon, IN Warsaw, IN Elkhart, IN Syracuse, IN
    High-Visibility Corner Office Building
    Updated: Jun 8
    High-Visibility Corner Office Building

    102 W MARKET ST, Nappanee, IN 46550

    $665,000
    4,644 sqft
    Built in 1959 commercial office building currently built out as a dental office with reception and waiting area
    Multiple private rooms plus work areas, ADA‑compliant restroom, and updated plumbing
    Fiber optic internet service and two 200‑amp electrical panels
    Roof less than 5 years old; rooftop HVAC units approximately 10 years old
    Corner location with attached exterior signage for strong street presence
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    This listing looks promising.

    Here's a quick look at some key insights for

    102 W MARKET ST, NAPPANEE, IN

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    • Est. Cap Rate

      7.2%
      Above avg (5.9%)

    • Est. NOI

      $48K
      Annual

    • Mortgage

      $448K
      Dec 2019

    • Property Type

      Commercial (General)
      Built 1937
    View Property Analytics
    Medical Office Building with ADA Access
    Updated: Jun 8
    Medical Office Building with ADA Access

    102 W Market Street, Nappanee, IN 46550

    $665,000
    0.06 AC lot
    Downtown Nappanee commercial building with attached signage and ADA‑compliant access
    Professional interior layout with reception/waiting area, multiple private rooms, and basement space
    Updated plumbing and fiber optic internet
    Two 200‑amp panels plus modern floor structure
    Roof less than 5 years old; rooftop HVAC units about 10 years old; central air
    View details
    Based on your search, we've compiled 14 Potential Opportunities for your consideration. Besides 2 Active listings in Nappanee, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 4 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Medical Office Building with Parking
    Medical Office Building with Parking

    2235 Dubois Drive, Warsaw, IN 46580

    $2,500,000
    12,547 sqft 1.40 AC lot

    Single-story medical office building near Lutheran Kosciusko Hospital campus, with clinical space, parking, and handicap accessibility.

    View details
    Office Building with Private Offices
    Office Building with Private Offices

    3-2700 W Wilden Ave, Goshen, IN 46528

    $147,500
    1,364 sqft

    Versatile office building with five private offices and partial basement storage, suited for professional and medical users.

    View details
    Mixed-Use Building with Parking
    Mixed-Use Building with Parking

    1422 E Center St, Warsaw, IN 46580

    $230,000
    2,544 sqft

    Fully renovated mixed-use building with two leasable suites, updated kitchens, restrooms, and 10 dedicated parking spaces.

    View details
    Office Building with Private Offices
    Office Building with Private Offices

    2700 W Wilden Avenue, Goshen, IN 46528

    $147,500
    0.15 AC lot

    Versatile office space includes five private offices and a partial basement for additional storage.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Commercial Land Near I-94
    Commercial Land Near I-94

    3886 N 950 W, Michigan City, IN 46360

    $350,000
    5.58 AC lot

    5.38 acres of commercial land in Michigan City, Indiana.

    View details
    Valparaiso Land Parcel For Sale
    Valparaiso Land Parcel For Sale

    2601 Leonard Dr, Valparaiso, IN 46383

    $395,000
    4.00 AC lot

    4-acre Valparaiso land parcel suitable for medical or assembly.

    View details
    Valparaiso, IN Commercial Land
    Valparaiso, IN Commercial Land

    2500 Cumberland Drive, Valparaiso, IN 46383

    $227,383
    1.00 AC lot

    One-acre commercial lot in a premium, fully developed location.

    View details
    Valparaiso Commercial Land For Sale
    Valparaiso Commercial Land For Sale

    1465 Clark Road, Valparaiso, IN 46385

    $284,900
    1.23 AC lot

    Commercial land on State Highway 2, near Highway 30.

    View details

    Off-Market Properties in Nappanee, IN

    Consider similar Off-Market properties in Nappanee, IN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    357 Nappanee St
    MEDICAL BUILDING

    357 Nappanee St, Nappanee, IN 46550-1625

    Value Estimation by Request
    3,342 sqft 0.22 AC lot
    View details
    2102 Main St
    MEDICAL BUILDING

    2102 Main St, Nappanee, IN 46550-9575

    $1,840,000
    Estimated value
    17,664 sqft 6.00 AC lot
    View details
    1953 Waterfall Dr
    MEDICAL BUILDING

    1953 Waterfall Dr, Nappanee, IN 46550-8961

    $1,585,000
    Estimated value
    24,512 sqft 2.97 AC lot
    View details
    3000 Main St
    MEDICAL BUILDING

    3000 Main St, Nappanee, IN 46550-8975

    $795,000
    Estimated value
    9,556 sqft 5.00 AC lot
    View details

    Nappanee, IN Medical Office Space Market Trends and Statistics

    Explore 6 medical office space for sale in Nappanee, IN on our real estate platform. These investment opportunities span a total of 4,644 square feet of properties for sale, with an estimated market value of $1,330,000.

    Sale prices for medical spaces in Nappanee, IN average $665,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Medical Office Space 4
    Office buildings 2
    Office Units 2

    Demographics Overview

    Population 12K
    Population Growth (5Y) -2.7%
    Median Household Income $80,403
    College Educated 11.5%

    High-Yield Neighborhoods for Investment

    Identify Nappanee submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    46550 $665K

    Taxes & Financing

    Tax Rate (average for all types) 2.47%
    Property Tax per SF $37.19 per SF
    Tax Rate vs County Average 0.04 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Elkhart County

    New Delisted

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