123 E Michigan Street New Carlisle, IN $ 270,000
123 E Michigan Street
$ 270,000
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123 E Michigan Street

New Carlisle, IN, 46552
$ 270,000
Bedrooms-- Baths-- Sq 5,360

Monthly Estimate*

$ 1,684

123 E Michigan Street, New Carlisle, IN 46552 - Image 1
123 E Michigan Street, New Carlisle, IN 46552 - Image 2
123 E Michigan Street, New Carlisle, IN 46552 - Image 3

Commercial Property for sale in New Carlisle, IN

for $270,000. This 5,360 square foot building was built in 1840 on a lot size of 0.1152.

Rare Opportunity! Well established hardware store located in Historic Downtown New Carlisle. This property is one of the largest retail shops in the downtown business district with many possible uses. Or you can move right in and take over the existing business. The property includes 5,360 sf of retail space, plus additional retail space in the full basement. The upstairs has a plenty of space for excess inventory complete with an elevator for easy access. Lumber, concrete and a variety of other building materials are located in a 52x24' pole building that features 2 parking spaces. There is also a 2-bedroom 1 bath apartment that is currently rented to a long-term tenant. Buildings and business will be sold separately or combined

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Commercial Active

Price

$ 270,000

Property Type

Commercial

Taxes

$ 8,330

Style

Retail

Lot Size

0.1152

Year Built

1840

Town/City

New Carlisle

County/Region

St Joseph

MLS | Web ID

825983

Features
General
Sewer Septic Tank
Heating Forced Air
Utilities Electricity Connected Water Connected None Natural Gas Connected Natural Gas Available
Year Built 1840
Electric 100 Amp Service
Township Olive
Property Subtype Retail
Tax Year 2023
Gross Income 0
County St Joseph
Net Operating Income 0
Insurance Expense 0
Property Type Commercial Sale
MaintenanceExpense 0
Subdivision Name New Carlisle
Building Features Freight Elevator(s) Business District Location Suspended Ceiling(s) Public Restrooms Other Lunch Room
Status Active
Directions Downtown New Carlisle located on the north side of Michigan St.
City New Carlisle
Zoning Description Commercial
Lot Size Square Feet 5018
Listing Terms Cash Conventional Contract
Tax Annual Amount 8330
Electric Expense 0
Trash Expense 0
Standard Status Active
Total Actual Rent 0
Taxes 0
Legal Description Legal Description: LOT 96 38 FT E SIDE O P NEW CARLISLE
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Exterior
Exterior Amenities None
Parking Features Other
Water Source Public
Total Parking 2
Lot Size Acres 0.1152
Lot Size Source Assessor
Waterfront Y/N N
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* Excluded Features
List By
C. Frank Robinson

Listing Agent

Remax County Wide 1St

Broker

frank@robinsonappraisals.net

Email

Affordability Calculator

$2,379
Per Month
71%
29%
0%
Monthly Principal & Interest
$1,684
Monthly Property Taxes
$694
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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THE TIME TO SELL IS NOW! What's my home worth?
Nearby
1261196 Elementary School
1261197 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/7/2025$270,000 -5.26% Price Down
8/14/2025$285,000 Listed Price

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123 E Michigan Street, New Carlisle, IN, 46552 is a Commercial Property for sale at $270,000 with 5,360 sqft and a lot size of 0.1152. 123 E Michigan Street was built in 1840. The property's zip code is 46552 which is in New Carlisle, IN