Mixed-Use

Nappanee, IN Mixed-use Properties for Sale

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Two-Story Downtown Mixed-Use Building
Updated: Aug 14
Two-Story Downtown Mixed-Use Building

112 S Main Street, Nappanee, IN 46550

$414,999
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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1 active listing matches your search: Mixed-Use for sale in Nappanee, IN. Based on your search, we've also compiled 8 Potential Opportunities for your consideration: 4 properties in nearby cities and 4 land listings with development potential.

Opportunities in Nearby Cities

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

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.

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Historic Mixed-Use Property
Historic Mixed-Use Property

118 116 N Main St, Goshen, IN 46526

$150,000
7,400 sqft

Two historic buildings offer office layouts, parking, and adaptable space for retail or restaurant use.

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

212/214 W Pike Street, Goshen, IN 46526

$375,000
0.25 AC lot

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

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Mixed-Use Restaurant with Apartment
Mixed-Use Restaurant with Apartment

201 W Main Street, Syracuse, IN 46567

$525,000
0.06 AC lot

Restaurant space includes an open-concept kitchen and full-service bar, with a renovated residence on the upper floor.

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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.

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.

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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.

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Commercial Land with US 20 Bypass Frontage
Commercial Land with US 20 Bypass Frontage

Parkway Avenue lot: 11, Elkhart, IN 46516

$929,600
6.64 AC lot

Shovel-ready commercial land with city water and city sewer, positioned for development off the US 20 Bypass.

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Platted Development Land with Utilities
Platted Development Land with Utilities

Parkway Avenue lot: 12, Elkhart, IN 46516

$595,400
4.58 AC lot

Shovel-ready, surveyed and platted land with city water and sewer connections for up to 500 multifamily 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.

Sale prices for multi use buildings in Nappanee, IN average $414,999 — 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 $417.5K

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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