VERSATILE. SPACIOUS. FUNCTIONAL. Exceptional mixed-use investment opportunity featuring a caf, a spacious three-bedroom apartment, and a studio apartment, offering multiple income streams and outstanding versatility. The main-level caf features a spacious dining area, a separate commercial kitchen, a restroom, and plenty of storage, providing a functional layout for continued restaurant or caf operations. Whether you're looking to continue the current business or introduce a new concept, this space offers excellent potential. The three-bedroom, one-bath apartment provides comfortable living accommodations with a spacious layout. Step inside to a bright living room, creating a welcoming atmosphere. To the right, you'll find the kitchen and laundry area, while straight ahead is one bedroom. To the left are two additional bedrooms and a full bathroom. The apartment also features a fenced-in front yard, offering a private outdoor space to enjoy. Also included is a spacious studio apartment filled with natural light. The studio features a well-designed open living area, a kitchen with ample cabinet storage, and a bathroom with a stand-up shower, making it ideal for rental income, owner occupancy, or guest accommodations. Some of the most recent updates include a fire suppression system installed in the kitchen, all new electrical completed in 2021, all new plumbing completed in 2021, and new flooring. Additional improvements include sealed concrete and brick. Utilities are provided by Duke, Midwest Natural Gas, and Town of Medora Water. Whether you're an investor seeking multiple income opportunities or an entrepreneur looking to operate a business while generating residential rental income, this unique property offers outstanding flexibility and long-term potential. With three distinct spaces under one property, this exceptional investment offers the rare opportunity to combine business ownership with multiple residential income streams.
Listed By
Agency Name: Williams Carpenter Realtors
Agent Name: Natasha Johns
Agency Phone: 812-275-4401
Shown By
Agent Name: Tommy Sunn
Agent Phone: (219) 575-0881
Agency Title: Coldwell Banker 1st Choice
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Coldwell Banker 1st Choice Tommy Sunn (219) 575-0881
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22 W Main Street | MLS# 202630510
This single family home located at 22 W Main Street, Medora, IN 47260 is currently listed for sale with an asking price of $275,000. This property was built in 1928 and has 3 bedrooms and 3 full baths with 3325 sq. ft. W Main Street is located within the Medora Community School Corp. school district. Search Medora real estate on tsunn.coldwellbanker1stchoice.com today.