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6 & 22 W Main Street
Medora, IN 47260

$350,000 - Status: Active
SQFT: 6,765
MLS# 202630677

EXCEPTIONAL. VERSATILE. OPPORTUNITY. Rare opportunity to own TWO adjoining commercial properties in the heart of Medora, offering multiple income-producing spaces and outstanding flexibility for investors, entrepreneurs, or owner-operators. Together, these properties provide the unique opportunity to generate residential rental income while operating one or more businesses from a prime location. The first property features a fully equipped caf, complete with a spacious dining area, separate commercial kitchen, restroom, and ample storage, making it ideal for continued restaurant or caf operations. Attached to the caf is a spacious THREE bedroom, TWO bathroom apartment featuring a bright living room, kitchen, dining area, laundry room, and fenced-in front yard. Also included is a studio apartment filled with natural light, offering an open living area, kitchen with generous cabinet space, and a bathroom with a stand-up shower. Recent improvements include a fire suppression system in the kitchen, all new electrical completed in 2021, all new plumbing completed in 2021, new flooring, and sealed concrete and brick. The second property is situated on a highly visible corner lot and features a spacious storefront with abundant natural light, creating a welcoming environment for customers and clients. Inside, you'll find a flexible open layout, a private office, beautiful hardwood flooring, and plenty of storage, making it well suited for retail, office, boutique, studio, or a variety of other commercial uses. Utilities are provided by Duke, Town of Medora Water, and Midwest Natural Gas. Whether you're looking to expand your investment portfolio, operate multiple businesses, or combine business ownership with residential rental income, this one-of-a-kind offering provides endless possibilities in a convenient location. With four distinct spaces across two properties, this exceptional package presents a rare opportunity to invest, live, work, and grow all in one location.

Property Features

MLS#: 202630677
Zip: 47260
Subdivision:
Development: Carr
Property Type: Multi Unit - Multiple
Number of Units: 4
Basement: Crawl
Cooling: Central Air
Heating: Gas
Home Style: Other
Lot Size: 0.36 acres
Roof Type: Shingle
Stories: 1.0
Year Built: 1918

Feature Descriptions

Above Grade Finished SQFT: 6765
Amenities: Ceiling Fan, Cable Available, Countertops-Laminate, Landscaped
Exterior: Brick
Location: City/Town/Suburb
Lot Description: Irregular
Lot Dimensions: Irregular
Owner Pays: Maintenance
Sale Inclusions: Building
Sewer: City
Tenant Pays: Electric
Total Finished SQFT: 6765
Units: 4
Water: City

Local Schools

High School: Medora
Middle School: Medora
Elementary School: Medora
School District: Medora Community School Corp.

6 & 22 W Main Street | MLS# 202630677

This multi-family property located at 6 & 22 W Main Street, Medora, IN 47260 is currently listed for sale with an asking price of $350,000. & 22 W Main Street is located within the Medora Community School Corp. school district. Search Medora real estate on www.coldwellbanker1stchoice.com today.

Listed By / Shown By

Listed By

Agency Name: Williams Carpenter Realtors
Agent Name: Natasha Johns
Agency Phone: 812-275-4401

Shown By

Agency Title: Coldwell Banker 1st Choice
Agency Phone: (219) 324-2121

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IDX information is provided exclusively 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 deemed reliable but is not guaranteed accurate by the MLS

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