Listing courtesy of Showcase Indiana Real Estate · Listing agent: Esteban Flores
615 W Main Street
$39,000
$11.91 / sq ft
Mitchell, IN 47446
Original price $55,000 · Price reduced on September 28, 2026
- Bank owned
- Bathrooms
- 4
- Lot
- 0.08 ac
- Year built
- 1880
- Type
- Mixed Use
- Listed
- September 4, 2026
- MLS #
- 202636589
About this home
MOTIVATED SELLER!! VALUE-ADD OPPORTUNITY ON MAIN STREET IN MITCHELL! Bring your vision to this approximately 3,200 SF mixed-use property offering multiple potential income streams under one roof. The front of the building features two separate commercial storefront spaces with large display windows, Main Street frontage, and a full bathroom in each space. In the rear, you'll find a spacious open-concept apartment with 1.5 bathrooms and additional space that could potentially be reconfigured or framed out to fit your needs. Operate your own business while generating income from the additional space, live and work under one roof, or renovate the property as an investment. With commercial storefronts and residential space already incorporated into the building, there are plenty of possibilities for the right buyer. Additional features public water and sewer, and approximately 25 feet of Main Street frontage. Property is being sold as-is and is an excellent opportunity for an investor, entrepreneur, or owner-occupant ready to bring new life to a Main Street property.
Property details
Interior
- Stories
- 1
- Finished area above grade
- 3,275 sq ft
- Basement
- Crawl Space
- Flooring
- Mixed, Carpet, Vinyl
- Heating
- Conventional, Forced Air, Wall Heater
- Cooling
- Central Air, Wall AC
Exterior & parking
- Construction
- Brick
- Roof
- Flat, Metal
- Parking
- On Street
- New construction
- No
Waterfront & lake
- Waterfront
- No
Lot
- Lot size (acres)
- 0.08 ac
- Lot dimensions
- Irregular
- Location type
- City
- Inside city limits
- Yes
- County
- Lawrence County
- Township
- Marion
- Road frontage
- City Street
- Road surface
- Asphalt
- Platted
- Yes
- Planned unit development
- No
- Directions
- From SR 37, heading east on Main Street, Property is on the left.
Taxes & terms
- Annual taxes
- $1,387
- Tax year
- 2025
- Tax exemptions
- No Exemptions
- Tax abatement
- No
- Listing terms
- Conventional
- Possession
- At close
- Parcel number
- 471136342057000005
Included in the sale
- Included in sale
- Building,Lease
Utilities
- Water
- City
- Sewer
- Public Sewer
- Utilities
- Mun. Sewer to Site, Mun. Water to Site
- Electric provider
- Duke Energy Indiana
- Water provider
- Mitchell Water
Income & commercial
- Water meters
- 1
- Ceiling height
- 8.5 Feet