Listing courtesy of Paradigm Realty Solutions · Listing agent: Joshua Vida · Office: 574-626-8432

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ActiveMixed Use

112 S Main Street

$420,000

$73.68 / sq ft

Nappanee, IN 46550-1917

Original price $450,000 · Price reduced on September 14, 2026

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Bathrooms
2
Lot
0.07 ac
Year built
1910
Type
Mixed Use
Listed
August 14, 2026
MLS #
202633330

About this home

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.

Property details

Interior

Stories
2
Finished area above grade
5,700 sq ft
Basement
Michigan Basement
Flooring
Laminate, Wood
Heating
Conventional
Cooling
Central Air, Multiple Cooling Units

Exterior & parking

Construction
Brick, Metal Siding
Roof
Flat, Dimensional Shingles
Parking
Public Parking, On Street
New construction
No

Waterfront & lake

Waterfront
No

Lot

Lot size (acres)
0.07 ac
Lot dimensions
21.5x140
Location type
City
County
Elkhart County
Township
Locke
Current use
Retail
Road frontage
City Street
Lots
2
Easements
Other See Remarks
Platted
Yes
Planned unit development
No
Directions
From US 6 (Market St) in downtown Nappanee, turn south onto SR 19/S Main St. Property is located just south of Market St on S Main St at 112 S Main St.

Taxes & terms

Annual taxes
$5,490
Tax year
2026
Tax abatement
No
Listing terms
Cash, Conventional
Possession
At closing
Parcel number
20-13-36-429-016.000-021

Included in the sale

Included in sale
Building

Utilities

Water
City
Sewer
Public Sewer
Utilities
Electric Hook-Up, Gas Hook-Up, Mun. Sewer Hook-Up, Mun. Water Hook-Up
Electric provider
NIPSCO
Gas provider
NIPSCO
Cable / internet provider
CenturyLink

Income & commercial

Water meters
2
Ceiling height
12'

Location

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$420,000

2 baths