208 Lincoln Ave Goshen, IN 46528-3348

This exceptional mixed-use property, located at 208 E Lincoln Ave in the heart of Goshen, Indiana, presents a unique investment opportunity. The building, constructed in 1893, boasts a total of 4,720 square feet across two buildings and two stories. Currently, the occupancy rate is 50%, with two street-level commercial spaces and two upstairs penthouse loft apartments. One 1,176-square-foot street-level suite is occupied by a non-profit organization, with a residential unit above. The second street-level suite, measuring 1,184 square feet, is vacant and ready for renovation. This space also includes an upstairs penthouse loft, offering significant potential for high-end residential development. The property is zoned B2 and situated in Goshen's vibrant downtown, known for its thriving shops, restaurants, and popular First Friday festivals. While the building requires some work, its prime location and versatile layout offer unlimited potential for the right investor or user to capitalize on its considerable upside. The asking price is $349,900. This is a chance to own a piece of Goshen's bustling downtown, with the potential to create a thriving commercial and residential space. The property's two-building structure and multiple units provide flexibility for a variety of uses and income streams. Don't miss this opportunity to acquire a significant piece of Goshen's commercial real estate market.