107 Main St Culver, IN 46511-1513
This exceptional mixed-use property at 107 S Main Street in Culver, Indiana presents a rare opportunity to combine business and residential living. Situated on a 0.06-acre lot, this charming two-story building offers a versatile ground floor space perfectly suited for a variety of commercial uses. Imagine a storefront retail operation, a professional office, or a service-based business thriving in this prime location. The possibilities are numerous and limited only by your imagination. Upstairs, a comfortable and spacious three-bedroom, one-and-a-half-bathroom apartment provides a private residential retreat. This upper-level living area offers ample space for comfortable living, making this property ideal for owner-occupants seeking a convenient and unique lifestyle. The building's location is undeniably advantageous, just two blocks from the picturesque Lake Maxinkuckee and minutes away from the prestigious Culver Academy. Adding to its appeal, several excellent restaurants are located on the same block, providing convenient dining options and contributing to a vibrant neighborhood atmosphere. Priced at $185,000, this property represents a compelling investment for both savvy investors and those seeking the convenience of a combined work and living space. Don't miss this chance to own a piece of Culver's thriving downtown.
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
Property description
Physical attributes from public recordsZoning & alternative use
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.