120 N Main Street Churubusco, IN $ 334,900
120 N Main Street
$ 334,900
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120 N Main Street

Churubusco, IN, 46723
$ 334,900
Bedrooms-- Baths7.0 Sq 6,762

Monthly Estimate*

$ 2,062

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Commercial Property for sale in Churubusco, IN

for $334,900 with 7 full baths. This 6,762 square foot building was built in 1947 on a lot size of 0.08.

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

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Commercial Active

Price

$ 334,900

Full Bath

7

Property Type

Commercial

Taxes

$ 2,166

Style

Restaurant/Bar

Lot Size

0.08

Year Built

1947

Town/City

Churubusco

County/Region

Whitley

MLS | Web ID

202617500

Features
General
Heating Gas Forced Air
Cooling Central Air Multiple Cooling Units
Ceiling Height 9
Roof Build-Up
Parking Yes Lot Off-Street Paved Public Street
Sewer City
# of Buildings 1
Status Active Active
Bathrooms 7
Year Built 1947
New Construction No
Subdivision Churubusco Commerce Center
Stories Count 2
Township Smith
Class COMMERCIAL
Present Use Investment Property Vacant-Best for Owner/Usr
Type Restaurant/Bar
Age 79
Inside City Limits Yes
Special Features Office Space Public Restrooms Ventilating/Exhaust Fans Other Ansel System
REO No
Status Detail 0
Area Whitley County
Location City Commercial
City Churubusco
Legal Description MID 40.5FT LOT 3 ORIGINAL PLAT OF FRANKLIN
Agent First Name Robert
Agent Last Name Thatcher
DOM 2
Tax Year 25 Pay 26
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Exterior
Road Surface Asphalt
Road Access State
Exterior Brick
Lot Size Area 3569
# of Docks 0
Lot Dimensions 43' x 83'
Parking Type Municipal Street & Parking Lot(s)
Waterfront Y/N No
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Interior
Flooring Carpet
Basement/Foundation Full Basement
Walls Drywall
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* Excluded Features
List By
Robert Thatcher

Listing Agent

Coldwell Banker Real Estate Group

Broker

rthatcher@cbcregroup.com

Email

Affordability Calculator

$2,243
Per Month
92%
8%
0%
Monthly Principal & Interest
$2,062
Monthly Property Taxes
$181
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
1237469 Elementary School
1237627 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/10/2026$334,900 Listed Price

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120 N Main Street, Churubusco, IN, 46723 is a Commercial Property for sale at $334,900 with 6,762 sqft and a lot size of 0.08. 120 N Main Street has 7.0 baths and was built in 1947. The property's zip code is 46723 which is in Churubusco, IN