Mixed-Use

Nappanee, IN Mixed-use Properties for Sale

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Downtown Mixed-Use Building
Updated: Apr 11
Downtown Mixed-Use Building

Nappanee, IN 46550

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Downtown Nappanee two‑story mixed‑use building on the SE corner of Market St and Main St
Ground level has 5 occupied retail/office spaces generating $50,400 in annual revenue
Second floor offers approximately 7,700 SF of potential residential space with 14‑foot ceilings
One second‑story 3‑bed, 1‑bath apartment is currently occupied
Current setup includes cash‑flowing leased space with potential to redevelop the second story into 8–12 apartments
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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Nappanee, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, 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.

Leesburg Mixed-Use Redevelopment Opportunity
Leesburg Mixed-Use Redevelopment Opportunity

100 Old State Road 15, Leesburg, IN 46538

$599,000
164,221 sqft 3.80 AC lot

3.8-acre mixed-use property with commercial and residential zoning.

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Historic Mixed-Use Property
Historic Mixed-Use Property

100 S Old State Road 15, Leesburg, IN 46538

$599,000
3.77 AC lot

The property is zoned for both business and residential applications.

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Mixed-Use Corner Building with Penthouse
Mixed-Use Corner Building with Penthouse

101 West Main Street, Syracuse, IN 46567

$259,900
2,614 sqft

Street-level commercial space pairs with a 3-bedroom, 2-bath penthouse apartment above for a flexible two-unit setup.

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Downtown Mixed-Use Corner Building
Downtown Mixed-Use Corner Building

101 W Main Street, Syracuse, IN 46567

$259,900
0.06 AC lot

Mixed-use building on a downtown corner with street-level commercial space and a 3-bedroom, 2-bath penthouse apartment.

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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.

Horse Farm Acreage with Pond
Horse Farm Acreage with Pond

1825 & 1875 W Winona Avenue, Warsaw, IN 46580

$3,000,000
48.52 AC lot

Horse farm within city limits with a pond, two homes, and outbuildings plus off-street parking.

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Horse Farm Property with Pond
Horse Farm Property with Pond

1825 & 1875 W Winona Avenue, Warsaw, IN 46580

$3,000,000
3,097 sqft 48.52 AC lot

Horse farm within city limits featuring a pond, two homes, and multiple outbuildings including a pole building and sheds.

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Platted Development Land with Utilities
Platted Development Land with Utilities

Parkway Avenue lot: 8, Elkhart, IN 46516

$3,175,000
12.75 AC lot

Shovel-ready parcels with surveyed/platted status, roads, and city water/sewer up to 500 multi-family units.

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Shovel-Ready Mixed-Use Development Land
Shovel-Ready Mixed-Use Development Land

Parkway Avenue lot: 10, Elkhart, IN 46516

$570,700
4.39 AC lot

Surveyed, platted development land with roads and utilities, including city water and sewer capacity for up to 500 units.

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Nappanee, IN Mixed-Use Properties Market Trends and Statistics

Explore 1 mixed-use properties for sale in Nappanee, IN on our real estate platform.

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Demographics Overview

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

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%

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