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120 N Main Street
Churubusco IN 46723 US

$334,900

Active Listing ID 202617500
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7.00 Bath (7 Full)
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Lot: 0.08 Acres
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Other

$334,900

Active Listing ID 202617500
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120 N Main Street 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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Property Features

  • Facts
  • Lot Size: 0.08 Acres
  • Property Type: Commercial Sale
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 7
  • Cooling System: Central Air, Multi Units
  • Exterior Finish: Office Space, Public Restrooms, Ventilating/Exhaust Fans, Other, Ansel System
  • Floor Covering: Carpet
  • Heating Fuels: Forced Air, Natural Gas

Property

  • propertytype: Commercial Sale
  • propertysubtype: Other
  • listprice: 334900
  • unparsedaddress: 120 N Main Street
  • postalcity: Churubusco
  • stateorprovince: IN
  • country: US
  • postalcode: 46723
  • bathroomsfull: 7
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.08
  • lotsizeunits: Acres
  • lotsizearea: 0.08
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 41.231189
  • longitude: -85.319593
  • listagentfullname: Robert Thatcher
  • listagentemail: rthatcher@cbcregroup.com
  • listagentkey: 3yd-ECBORIN-55815
  • listagentmlsid: 55815
  • listagentpreferredphone: 5745961576
  • listagentofficephone: 2604165002
  • listofficekey: 3yd-ECBORIN-4598
  • listagentstatelicense: RB14026300
  • listofficemlsid: 4598
  • disclaimer: Copyright © 2026 Elkhart County Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: ECBORIN
  • yearbuilt: 1947
  • listingcontractdate: 2026-05-10
  • listagenturl: HTTP://www.cbIndiana.com
  • countyorparish: Whitley County
  • parcelnumber: 92-04-13-540-003.000-010
  • cooling: Central Air, Multi Units
  • constructionmaterials: Brick
  • flooring: Carpet
  • heating: Forced Air, Natural Gas
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 0
  • parkingfeatures: Off Street, Paved or Surfaced
  • waterfrontyn: False
  • franchiseaffiliation: Coldwell Banker Real Estate
  • interiorfeatures: Drywall, Office Space, Public Restrooms, Ventilating/Exhaust Fans, Other, Ansel System
  • exteriorfeatures: Office Space, Public Restrooms, Ventilating/Exhaust Fans, Other, Ansel System
  • architecturalstyle: Other
  • rooms: Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Kitchen, Office
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -85.319595, 41.23119
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Roth Wehrly, Inc. dba Coldwell Banker Roth Wehrly Graber", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"rthatcher@cbcregroup.com", "ListBrokerageCity":null, "ListBrokerageCountry":null, "ListBrokerageEmail":"jbellio@cbrwg.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"Roth Wehrly, Inc. dba Coldwell Banker Roth Wehrly Graber", "ListBrokeragePhone":"(260) 416-5002", "ListBrokeragePostalCode":null, "ListBrokerageStateOrProvince":null, "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":null, "ListBrokerageWebsiteUrl":"HTTP://www.cbIndiana.com", "ListOfficeAddress1":"57190 Alpha Dr", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":null, "ListOfficeCity":"Goshen", "ListOfficeCountry":"US", "ListOfficeEmail":"jbellio@cbrwg.com", "ListOfficePostalCode":"46528", "ListOfficeStateOrProvince":"IN", "ListPriceCurrencyType":"USD", "ListingTitle":"Restaurant/Bar - Churubusco, IN", "ListingURL":"https://listings.listhub.net/pages/ECBORIN/202617500/?channel=rexren", "MLSModificationTimestamp":"2026-05-10T06:16:06Z", "Neighborhoods":[], "PostalCode":null, "RawPropertySubType":"Restaurant/Bar", "RawPropertyType":"Commercial", "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":2166, "TaxDescription":null, "TaxYear":null}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 5/10/2026 7:30:59 AM GMT
Source Updated Date: 5/12/2026 6:41:10 PM GMT

Courtesy of: Robert Thatcher, Coldwell Banker Real Estate Group, rthatcher@cbcregroup.com

Copyright © 2026 Elkhart County Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.