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Listed by Joshua Vida • Paradigm Realty Solutions • Office: 574-626-8432
$ 420,000
Est. payment | /mo
2 Baths
3,049 Sqft Lot
$ 420,000
Est. payment | /mo
2 Baths
3,049 Sqft Lot
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID IRM202633330
HOA Y/N No
Year Built 1910
Annual Tax Amount $5,490
Tax Year 2026
Lot Size 3,049 Sqft
Acres 0.07
Lot Dimensions 21.5x140
Property Sub-Type Mixed Use
Property Description
Welcome to 112 S Main Street, located right in the heart of downtown Nappanee's vibrant city center. This two-story brick building blends historic Main Street charm with modern updates and turnkey condition — a rare opportunity for owners, occupants, or investors alike. The main floor offers approximately 2,700 sq ft of flexible commercial space that was leased to a professional office tenant through June 2026 at 1.00 per square foot plus utilities. Upstairs, a spacious 1,500 sq ft residential apartment has been tastefully updated and is ready for living or additional rental income. Features: Total area: ~4,200 sq ft (2,700 commercial + 1,500 residential) Updated electrical and plumbing throughout both levels Residential unit: New HVAC system, New kitchen and bath, open layout, and excellent natural light. Renovated to studs and has only had 1 tenant since renovation. Main floor: electrical and plumbing improvements completed; HVAC system is older but in good working order Roofing: new roof over the residential section (which also covers part of the commercial space); rear roof section (approx. 1,200 sq ft) is older but maintained Private apartment entrance with stairway access from Main Street Street and rear parking access Alley frontage on Cartoon Alley — a newly renovated public mural walkway that brings art, color, and visitors to the block ( City is extending Mural Alleys across street creating "Shoe Alley" and making walking paths and downtown amenities all the way to Coppes Commons ) Excellent visibility and curb appeal in the heart of downtown This listing is the commercial portion of the residential listing MLS #202637087. Both properties are being sold together.
Location
State IN
County Elkhart County
Rooms
Basement Michigan Basement
Interior
Heating Conventional
Inclusions Building
Fireplace N
Exterior
Parking Features None, Public Parking, On Street
Fence None
View Y/N true
Building
Sewer Public Sewer
Water City
New Construction No
Others
Pets Allowed No
Tax ID 20-13-36-429-016.000-021
Acceptable Financing IRM202633330
Listing Terms IRM202633330
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/irmls/202633330
IDX information provided by the Indiana Regional MLS. © 2026 Listings courtesy of Indiana Regional MLS as distributed by MLS GRID. All Rights Reserved.
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