Listing courtesy of Coldwell Banker Real Estate Gr · Listing agent: Noel Frost · Cell: 260-585-4112

Virtual tour
ActiveRetail

409 Third Street

$525,000

$29.76 / sq ft

Howe, IN 46746

Original price $530,000 · Price reduced on September 3, 2026

  • Basement
Estimate your monthly payment
Bathrooms
3
Lot
0.72 ac
Year built
1861
Type
Retail
Listed
March 4, 2026
MLS #
202606829

About this home

Opportunities are abundant in this Retail/Office C-1 property that has been stylishly restored to accommodate your New Business while already having a tenant for instant rental income that generates $63,000 per year. Located on the high traffic State Rd 120, just 5 miles from the 80/90 Toll Road Interchange, and 10 miles from downtown Shipshewana. This location gives patrons/clients easy access to this stunning Commercial property that has established multiple shops/rental spaces/events and is now ready for you to build your Dream business. The white building was once a hotel and has a grand staircase, beautiful fixtures, and an upstairs ready for you to finish off for apartments, offices, or potential VRBO's. There is also a 30x40 barn that was used as a Pottery Studio, has water, heat & electrical with 4 hook ups for kilns available, or can be transformed into your vision for Events, parties, or storage on the .72 acre lot. Plenty of parking in the front & back, this property is in the Heart of Howe, surrounded by Restaurants, Shops, and across from the Town Park. Close to area lakes, 2 campgrounds, golf courses, and parks for a destination not just a business.

Property details

Interior

Stories
2
Finished area above grade
17,640 sq ft
Basement
Full
Flooring
Carpet, Wood, Tile, Vinyl
Heating
Natural Gas, Forced Air
Cooling
Central Air

Exterior & parking

Construction
Brick
Roof
Flat
Parking
Off Street, Public Parking
New construction
No

Waterfront & lake

Waterfront
No

Lot

Lot size (acres)
0.72 ac
Lot dimensions
178x175
Inside city limits
Yes
County
LaGrange County
Township
Lima
Current use
Office/Showroom, Restaurant, Retail
Road frontage
State Road
Platted
Yes
Planned unit development
No
Directions
State Rd 9 to State Rd 120 turn East, buildings on the East side of Street

Taxes & terms

Annual taxes
$2,196
Tax year
2024
Tax abatement
No
Possession
negotiable
Parcel number
44-02-30-300-001.078-012

Included in the sale

Included in sale
Building,Land,Lease

Utilities

Water
City
Sewer
Public Sewer

Income & commercial

Water meters
2
Ceiling height
14

Location

Loading map...

$525,000

3 baths