Listing courtesy of Williams Carpenter Realtors · Listing agent: Natasha Johns
116 S Maple Street
Orleans, IN 47452
- Basement
- Bedrooms
- 1
- Bathrooms
- 2
- Living area
- 3,360 sq ft
- Lot
- 0.06 ac
- Year built
- 1900
- Type
- Apartment
- Listed
- July 22, 2026
- MLS #
- 202629554
About this home
VERSATILE. ESTABLISHED. OPPORTUNITY. Prime commercial opportunity offering a versatile layout with one full bathroom, two half bathrooms, and an upper-level apartment, making it ideal for business owners, investors, or those seeking a live-work setup. Step inside to a spacious, well-lit main level, currently operating as a dance studio. The open floor plan provides exceptional flexibility and could easily accommodate a variety of commercial uses, including retail, office space, fitness or dance instruction, salon services, creative studios, or professional services. A convenient half bathroom serves the main level, while the open layout allows for efficient operations and customer flow. Located at the rear of the building is a private entrance leading to the upper-level apartment. Upstairs, you'll find a welcoming foyer with a cozy electric fireplace, a large open living room and kitchen, a spacious bedroom filled with natural light, an additional one full and a half bathroom, and a laundry area. The apartment comes complete with kitchen appliances, providing an excellent opportunity for owner occupancy, employee housing, or rental income. Whether you're looking to establish your own business, expand your investment portfolio, or take advantage of a property that offers both commercial and residential functionality, this unique property delivers outstanding flexibility and long-term potential. Some of the most recent updates include all new wiring, all new plumbing, and new flooring throughout. Additional improvements include new front windows and front door, both bathrooms updated, and a remodeled kitchenette. The property also features new hot water heaters and all appliances are included. Exterior updates include a new "face" on the building and a rear concrete pad. With a flexible commercial layout, valuable upper-level living quarters, and endless possibilities for business or investment, this property is ready to bring your vision to life.
Monthly payment estimate
$1,857/mo
- Principal & interest
- $1,505
- Property taxes
- $272
- Homeowners insurance
- $80
- Rate: Freddie Mac's 30-year fixed average for the week of October 1, 2026.
- Taxes: the seller's bill as reported to the MLS. Yours may differ once your own deductions apply.
- Insurance: estimated at 0.35% of the price per year.
- An estimate, not a loan offer. Your rate and payment depend on your credit, loan program and down payment.
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Property details
Interior
- Levels
- Two
- Stories
- 2
- Total area
- 3,360 sq ft
- Finished area above grade
- 3,360 sq ft
- Bedrooms above grade
- 1
- Basement
- Partial
- Flooring
- Mixed
- Heating
- Natural Gas, Forced Air
- Cooling
- Central Air
- Amenities
- Off Street Parking
Exterior & parking
- Construction
- Brick
- Parking
- Off Street
- Private pool
- No
- New construction
- No
Waterfront & lake
- Waterfront
- No
Lot
- Lot features
- Irregular Lot
- Lot size (acres)
- 0.06 ac
- Lot dimensions
- 24 x 102
- County
- Orange County
- Township
- Orleans
- Road frontage
- City Street
- Road surface
- Concrete
- Platted
- Yes
- Planned unit development
- No
- Directions
- Take 37 S to Orleans. Property on the left of the square.
Schools
- Elementary school
- Orleans
- Middle school
- Orleans
- High school
- Orleans
- School district
- Orleans Community Schools
Taxes & terms
- Annual taxes
- $3,267
- Tax exemptions
- No Exemptions
- Listing terms
- Conventional, USDA Loan, FHA, VA
- Possession
- 30 days after closing
- Parcel number
- 59-02-30-304-146.001-010
Included in the sale
- Included in sale
- Building
Utilities
- Water
- City
- Sewer
- Public Sewer
- Electric provider
- Duke Energy Indiana
- Gas provider
- Indiana Natural Gas
- Water provider
- Town of Orleans
Income & commercial
- Units
- 1
- Annual gross rent
- $9,600
- Net operating income
- $3,576
- Lease term
- Negotiable
- Parking spaces
- 3
- Pets allowed
- No
- Tenant pays
- Electricity, Fuel, Heat
- Insurance (annual)
- $357
- Water & sewer (annual)
- $1,200
- Electric (annual)
- $1,200