120 N Main Street, Churubusco, IN 46723
sale
$334,900
|
Other
Courtesy Of Roth Wehrly, Inc. dba Coldwell Banker Roth Wehrly Graber
120 North Main Street Churubusco, Indiana 46723 US HWY 33 Frontage ADT 15,253 VPD 10,143 ± SF | .08 Acre | Rural Opportunity Zone Designation!! Rare opportunity to acquire an affordable, quality Multi-Tenant Investment Property strategically positioned just northwest of Ft. Wayne, Indiana | Property Highlights & Building Specifications: 3,381 +/- SF Main-Level Commercial - FOR SALE or FOR LEASE Three (3) Attractive Upper-Level Apartments 100% Leased, Yielding Monthly Cash Flow Commercial Kitchen featuring Large, Stainless Steel Exhaust Hood with Ansul Fire Suppression System, Vented, Three Bay Commercial Sink w/Grease Trap & other Restaurant FF&E (Refers and Coolers) Included with the Sale or Lease ADA Compliant Restrooms & Ramped Ingress & Egress Quality, Wood Frame Construction w/ Primarily Masonry Exterior Tall Ceilings (above grade) Full Lower-Level Basement w/Wet Sprinkler System - Excellent Utility, Multiple Uses Adequate Electrical Service, Natural Gas HVAC & Water Heaters Site Features: Zoned General Business (GB) - Excellent Central Business District Location w/Parking Municipal Water/Sewer & Off Street Parking Lots Ideal For Restaurant Owner Operator or potentially Lease w/Option to Purchase Retail of All Types Medical/Dental Practice Equipment Sales & Service, Lease Terms: Upper-Level Apartments: 3,381 +/- SF $900 - $1,090/Month 100% Occupied Main Level Commercial: 3,381 +/- SF at Just $8.00/SF Modified Gross 3-5 Year Term, Preferred Lower-Leve Flex Space: 3,381 +/- SF Make an Offer! Bonus to Proforma Income Analysis Total Gross Building Area 10,143 +/- SF
Read More About This Property
Read Less About This Property
Copyright © 2026 Elkhart County Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for 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.
Property Features
- Age: Over 50 Years Old
- Architecture Style: Other
- Cooling System: Multi Units
- Cooling System: Central Air
- Exterior Type: Brick
- Floor Covering: Carpet
- Floors: 2
- Heating System: Forced Air
- Heating System: Natural Gas
- Legal Description: MID 40.5FT LOT 3 ORIGINAL PLAT OF FRANKLIN
- MLSID: 202617500
- Rooms: Office
- Rooms: Bathroom 4
- Rooms: Bathroom 5
- Rooms: Kitchen
- Rooms: Bathroom 2
- Rooms: Bathroom 3
- Rooms: Bathroom 1
Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.
