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    Nappanee, IN
    Mixed-Use

    Nappanee, IN Mixed-use Properties for Sale

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    Wakarusa, IN Bremen, IN Bourbon, IN Leesburg, IN Goshen, IN Elkhart, IN Syracuse, IN Warsaw, IN
    Two-Story Downtown Mixed-Use Building
    Updated: Aug 14
    Two-Story Downtown Mixed-Use Building

    112 S Main Street, Nappanee, IN 46550

    $420,000
    0.07 AC lot
    Approximately 4,200 SF total, including 2,700 SF commercial and 1,500 SF residential space
    Two‑story brick building constructed in 1910
    Upper‑level apartment renovated to the studs with new HVAC, kitchen, and bath
    Updated electrical and plumbing serving both levels
    New roof over the residential section and part of the commercial space
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    Two-Story Mixed-Use Building
    Updated: Aug 19
    Two-Story Mixed-Use Building

    112 S Main St, Nappanee, IN 46550

    $420,000
    5,700 sqft
    Approximately 2,700 sq ft of commercial space leased through June 2026
    1,500 sq ft upstairs apartment with new HVAC, kitchen, and bath
    Renovated residential unit opened to studs and occupied by 1 tenant since renovation
    Updated electrical and plumbing serving both levels
    New roof over the residential section and part of the commercial space
    View details
    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 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.

    Mixed-Use Property with Apartment
    Mixed-Use Property with Apartment

    212 /214 W Pike St, Goshen, IN 46526

    $395,000
    3,626 sqft

    Commercial space includes a two-bedroom apartment and supports retail, office, or service-oriented operations.

    View details
    Mixed-Use Building with Penthouse Apartment
    Mixed-Use Building with Penthouse Apartment

    101 W Main St, Syracuse, IN 46567

    $249,900
    3,408 sqft

    Street-level commercial space pairs with a three-bedroom, two-bath apartment.

    View details
    Mixed-Use Property with Apartment
    Mixed-Use Property with Apartment

    212/214 W Pike Street, Goshen, IN 46526

    $395,000
    0.25 AC lot

    Commercial property with central air, off-street parking, and a two-bedroom residential component.

    View details
    Restaurant with Renovated Apartment
    Restaurant with Renovated Apartment

    201 W Main Street, Syracuse, IN 46567

    $525,000
    0.06 AC lot

    Open-concept restaurant with a full-service bar and renovated apartment above.

    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.

    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.

    View details
    Commercial Land with Bypass Frontage
    Commercial Land with Bypass Frontage

    Parkway Avenue lot: 8, Elkhart, IN 46516

    $3,175,000
    12.75 AC lot

    Surveyed commercial land with roads, city water, and city sewer already in place.

    View details
    Shovel-Ready Commercial Land
    Shovel-Ready Commercial Land

    Parkway Avenue lot: 10, Elkhart, IN 46516

    $570,700
    4.39 AC lot

    Surveyed commercial land with roads, utilities, city water, and city sewer already in place.

    View details

    Nappanee, IN Mixed-Use Properties Market Trends and Statistics

    Explore 2 mixed-use properties for sale in Nappanee, IN on our real estate platform. These investment opportunities span a total of 5,700 square feet of properties for sale, with an estimated market value of $840,000.

    Sale prices for multi use buildings in Nappanee, IN average $420,000 — 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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    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 $450K

    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

    Total CRE Inventory on Market (SF)

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