407 Third St Howe, IN ^$ 250,000

407 Third St

^$ 250,000

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Recently Listed

407 Third St

Howe, IN, 46746

^$ 250,000

Bedrooms-- Baths3.0 Sq 300

Monthly Estimate*

^$ 1,539

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Commercial Property for sale in Howe, IN

for $250,000 with 3 full baths. This 300 square foot building was built in 1980 on a lot size of 0.228.

Own a piece of the community with this turnkey restaurant offering that includes business equipment and the underlying real estate. Situated in a high visibility area with strong traffic and community presence and a consistent, year-round following. The additional upstairs apartment is currently rented but potentially ideal for owner occupancy or staff housing, offering a unique lifestyle.

Commercial Active

Price

^$ 250,000

Full Bath

Property Type

Commercial

Taxes

^$ 694

Style

Restaurant/Bar

Lot Size

0.228

Year Built

1980

Town/City

Howe

County/Region

Lagrange

MLS | Web ID

202605655

Features

General

Heating Forced Air

Cooling Central Air

Ceiling Height 8 ft

Roof Shingle

Parking Yes Off-Street

Sewer Regional

# of Buildings 1

Status Active Active

Bathrooms 3

Year Built 1980

New Construction No

Subdivision None

Stories Count 1.5

Township Lima

Class COMMERCIAL

Type Restaurant/Bar

Age 46

Business Name The Gathering Place Restaurant

Special Features 220 Volts

REO No

Status Detail 0

Area LaGrange County

City Howe

Legal Description OP N 28' of lots 64 & 69 and op S 28.5 of lots 63 & 96

Virtual Tour https://www.propertypanorama.com/instaview/irmls/202605655

Agent First Name John

Agent Last Name Wainwright

DOM 1

Tax Year 24/25

Exterior

Road Access State

Exterior Vinyl

Lot Size Area 9932

Lot Dimensions 57x175

Parking Type Street parking

Waterfront Y/N No

Interior

Flooring Concrete Laminate

Basement/Foundation Partial Basement

Walls Wood

* Excluded Features

List By

John Wainwright

Listing Agent

Lewis & Lambright Inc

Broker

jwainwright01@gmail.com

Affordability Calculator

$1,597

Per Month

Monthly Principal & Interest: $1,539
Monthly Property Taxes: $58
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% 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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Nearby

Trends
Schools

Commerical listings in Howe, IN

Average List Price ^$890,000

Percent of Sale Price 256%

About Howe, IN

787 Population

5% Since 2002

^$46,939 Median Income

32.22 Median Age

35% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

1237469 Elementary School

1237627 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
2/23/2026	$250,000		Listed Price

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407 Third St, Howe, IN, 46746 is a Commercial Property for sale at $250,000 with 300 sqft and a lot size of 0.228. 407 Third St has 3.0 baths and was built in 1980. The property's zip code is 46746 which is in Howe, IN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% 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.

Listing data provided courtesy of the Internet Data Exchange Program of the Multiple Listing Service of the Indiana Regional Multiple Listing Service.

The data relating to real estate for sale on this web site comes in part from the Indiana Regional Multiple Listing Service. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 2/24/2026.

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407 Third St

Commercial Property for sale in Howe, IN

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