120 N Main St

120 N Main St, Churubusco, IN 46723

Property Information

  • For Sale $334,900
  • Property Type Other
  • Lot Size 0.08 Acre
  • Year Built 1947
  • Date Updated May 31, 2026

Description

120 North Main Street Churubusco, Indiana 46723 US HWY 33 Frontage - ADT 15,253 VPD 10,143 SF | .08 Acre | Rural Opportunity Zone Designation!! Rare opportunity to acquire an affordable, quality Multi-Tenant Investment Property strategically positioned just northwest of Ft. Wayne, Indiana | Property Highlights & Building Specifications: 3,381 +/- SF Main-Level Commercial - FOR SALE or FOR LEASE Three (3) Attractive Upper-Level Apartments - 100% Leased, Yielding Monthly Cash Flow Commercial Kitchen featuring Large, Stainless Steel Exhaust Hood with Ansul Fire Suppression System, Vented, Three Bay Commercial Sink w/Grease Trap & other Restaurant FF&E (Refers and Coolers) Included with the Sale or Lease ADA Compliant Restrooms & Ramped Ingress & Egress Quality, Wood Frame Construction w/ Primarily Masonry Exterior - Tall Ceilings (above grade) Full Lower-Level Basement - w/Wet Sprinkler System - Excellent Utility, Multiple Uses Adequate Electrical Service, Natural Gas HVAC & Water Heaters Site Features: Zoned General Business (GB) - Excellent Central Business District Location w/Parking Municipal Water/Sewer & Off Street Parking Lots Ideal For Restaurant Owner Operator or potentially Lease w/Option to Purchase Retail of All Types Medical/Dental Practice Equipment Sales & Service, Lease Terms: Upper-Level Apartments: 3,381 +/- SF $900 - $1,090/Month - 100% Occupied Main Level Commercial: 3,381 +/- SF at Just $8.00/SF Modified Gross 3-5 Year Term, Preferred Lower-Leve Flex Space: 3,381 +/- SF - Make an Offer! Bonus to Proforma Income Analysis Total Gross Building Area 10,143 +/- SF

Highlights

  • Age Over 50 Years Old
  • Basement Other Basement

Contacts

Robert L. Thatcher, CRRP, CRX, CSM, CLS, CMD, CDP

Coldwell Banker Real Estate Group

Location

Contact Listing Broker
Robert L. Thatcher, CRRP, CRX, CSM, CLS, CMD, CDP

Coldwell Banker Real Estate Group

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