123 Michigan Street New Carlisle, IN $ 220,000
123 Michigan Street
$ 220,000
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123 Michigan Street

New Carlisle, IN, 46552
$ 220,000
Bedrooms-- Baths-- Sq 5,360

Monthly Estimate*

$ 1,355

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

Commercial Property for sale in New Carlisle, IN

for $220,000. This 5,360 square foot building was built in 1840 on a lot size of 0.1152.

Rare Opportunity! Well established retail space located in Historic Downtown New Carlisle. This property is the largest retail shop in the downtown business district with many possible uses. The property includes 5,360 sf of retail space, plus additional retail space in the full basement. The upstairs has a plenty of room for excess inventory complete with an elevator for easy access. There is also a 52x24' pole building located across the alley that is available with 2 parking spaces, which can be bought in addition to the main building. Buildings will be sold separately or combined.

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Commercial Active

Price

$ 220,000

Property Type

Commercial

Taxes

$ 7,394

Style

Business

Lot Size

0.1152

Year Built

1840

Town/City

New Carlisle

County/Region

St Joseph

MLS | Web ID

834764

Features
General
Sewer Public Sewer
Heating Forced Air
Utilities Electricity Connected Water Connected Natural Gas Connected Natural Gas Available
Year Built 1840
Electric 100 Amp Service
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Township Olive
Property Subtype Business
Tax Year 2024
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 7394
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

$1,971
Per Month
69%
31%
0%
Monthly Principal & Interest
$1,355
Monthly Property Taxes
$616
Monthly 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
1261196 Elementary School
1261197 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/2/2026$220,000 Listed Price

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123 Michigan Street, New Carlisle, IN, 46552 is a Commercial Property for sale at $220,000 with 5,360 sqft and a lot size of 0.1152. 123 Michigan Street was built in 1840. The property's zip code is 46552 which is in New Carlisle, IN