112 S Main St, Nappanee, IN 46550

Property Description

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 residential portion of the commercial listing MLS #202633330. Both properties are being sold together.