15026 Center St - Storefront FOR SALE


Leo Cedarville, IN 46765
$319,000 USD
419-549-0908
15026 Center St, Leo Cedarville, IN for Sale
$319,000 USD
Storefront - FOR SALE
1/14
null | Request Cap Rate

15026 Center St
Leo Cedarville, IN 46765


HIGHLIGHTS

  • Versatile Live/Work Space – Perfect for entrepreneurs, this property offers a unique blend of residential and commercial opportunities.
  • Restaurant Potential – Existing tenant has brought the building up to code for a 2-way liquor license, making it ideal for a dining establishment.
  • Dual Tenant Income with a 1-bed, 1-bath apartment and commercial space rental.
  • Ample Storage with 1,100 sq. ft. of additional basement storage for business or personal use.
  • Historic Charm & Prime Location – Late 1800s hardwood floors, small-town character, and a prime spot along the main road through downtown
  • Ample parking with private parking lot to building rear and street parking

OVERVIEW

Introducing a historic gem in the heart of Leo-Cedarville! This 2,071 SF free-standing building, dating back to 1876 and thoughtfully renovated in 2017, offers a rare investment opportunity with residential and commercial use. Boasting a versatile live/work space and restaurant potential with a 2-way liquor license, this property provides dual tenant income through its 1-bed, 1-bath apartment and commercial space rental. With its ample storage, small-town charm, and prime downtown location, this property is the perfect canvas for entrepreneurs seeking a distinctive investment opportunity in the thriving Leo-Cedarville area.

FOR SALE DETAILS

PRICE

$319,000 USD

PRICE/SF

$175 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Leo, Indiana Mixed-Use Investment

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1876

SPRINKLERS

-

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,970 SF

ZONING

DC

APN/PARCEL ID

02-03-15-381-001.000-082

ASK ABOUT THIS PROPERTY

Nick GordonXplor Commercial Real Estate Corp.More Info
419-549-0908

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Nick GordonXplor Commercial Real Estate Corp.More Info
419-549-0908

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.