18 Jefferson St Knightstown, IN 46148-1243

This exceptional mixed-use property, located at 18 North Jefferson Street in Knightstown, Indiana, presents a unique investment opportunity. The 3,500 square foot building, constructed in 1900 and situated on a 0.04-acre lot, offers a blend of commercial and residential space. Currently configured as a winery, the main level boasts a beautifully updated 1,750 square foot open retail area, complete with a built-in bar, hardwood floors, a washroom, and a half-bath. This space is easily adaptable to other retail uses, such as a coffee shop. Upstairs, a well-maintained 1,270 square-foot, two-bedroom, one-bathroom apartment provides additional income potential or comfortable living space. The apartment features hardwood floors, a large open living room and kitchen area with included appliances, and a 480 square-foot storage area. Both the commercial and residential units have separate meters for simplified expense management. Recent upgrades include a new roof, additional attic insulation, upgraded main-level plumbing, new siding, two new furnaces, and two new central air units. A 1,750 square-foot basement provides ample storage. The property's convenient location offers quick access to I-70 and is only 45 minutes from downtown Indianapolis. This is an ideal opportunity for owner-occupancy or generating rental income from both the commercial and residential spaces. The building is zoned C-1. This property is a must-see for discerning investors seeking a versatile and profitable venture.