214 & 218 S Main Street, Kendallville, IN 46755

$419,900

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Property Description

Excellent investment opportunity in the heart of downtown Kendallville! This mixed-use commercial building offers a fantastic blend of retail and residential income potential. The main level features two commercial storefronts, providing excellent visibility and exposure along a high-traffic downtown corridor. The upper level includes three occupied apartments, consisting of two 1-bedroom, 1-bath units and one spacious 4-bedroom, 1-bath unit, creating multiple income streams. One of the commercial spaces is currently owner-occupied and will be available at closing, presenting an excellent opportunity for an owner-user or investor to lease the space at market rent and increase future income potential. The second commercial space and all three residential units are currently leased. Conveniently located within walking distance of local restaurants, shops, and community events, this property offers a rare opportunity to own a well-maintained mixed-use building in Kendallville's growing downtown district. Whether you're looking to expand your investment portfolio or establish your own business while generating rental income, this property offers exceptional versatility and long-term upside. Don't miss your opportunity to invest in one of downtown Kendallville's premier mixed-use properties!

Listing courtesy of Trey Forbes from Weichert Realtors - Hoosier Heartland. 260-318-0929

IDX information is provided by the Indiana Regional MLS and is exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.

Last updated


Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks