104 S Main St Kendallville, IN 46755
For Sale
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This exceptional commercial property at 104 S Main Street, Kendallville, Indiana, presents a unique investment opportunity. The 6,663 square foot building is zoned C/I Retail Commercial and currently houses a thriving specialty pet store, known for its exotic animals and loyal customer base spanning Indiana, Michigan, Ohio, and Illinois. The business, including all assets, goodwill, and existing clientele, is included in the sale price of $299,900. The building itself offers versatile space, comprising 3,121 square feet of retail space ideal for continuing the existing business or adapting to another retail use. Above the retail area is a 1,298 square foot, three-bedroom, one-bathroom apartment, currently in need of renovation. Additional space includes 957 square feet of upper-level storage and 1,287 square feet of basement storage. The property sits on a 0.08-acre lot, providing ample space for potential expansion or outdoor activities. Note that the sale of the business is a prerequisite to the sale of the building
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.