304 Cedar St Auburn, IN 46706

This exceptional commercial property at 304 N Cedar Street in Auburn, Indiana, presents a unique investment opportunity. The 9,148 square foot building sits on a 0.21-acre lot and is zoned for commercial and historic use. Currently configured with a ground floor commercial space previously used as a dentist office and now occupied by a bridal boutique, the property offers versatile potential for various businesses such as salons, real estate offices, or insurance agencies. The upper level features a spacious two-bedroom, one-bathroom apartment currently leased until December 10, 2024, providing consistent rental income. An attached two-car garage adds convenience, and a side yard generates additional revenue through rental as public parking during downtown events. Located in the thriving downtown Auburn area, this property benefits from its proximity to I-69 and is situated within one of the region's fastest-growing small towns. The asking price is $289,000. This property offers a blend of commercial and residential income streams, making it an attractive investment in a dynamic and rapidly developing location. The building's history and current configuration provide a solid foundation for a variety of future uses, capitalizing on the vibrant downtown Auburn market. The combination of commercial space and rental apartment income makes this a truly unique and compelling investment opportunity.