203 S Detroit St Lagrange, IN
Mixed Use | 4,600 SqFt
Marketing description
Located in the heart of downtown LaGrange, this historic property offers a rare opportunity to own a prominent building along Detroit Street, one of the town’s most visible and established corridors. Originally built in 1900, the property features over 4,600 square feet of space filled with character and potential.
With its generous interior footprint and central location, the building provides exceptional flexibility for a variety of uses including professional offices, retail space, mixed-use development, or an investment property. Large street-facing windows and strong pedestrian visibility create excellent exposure for businesses, while the spacious layout allows for creative renovation or reconfiguration.
Investment highlights
Mixed-use investment opportunity located in downtown LaGrange along Detroit St. The property consists of two occupied 2-bedroom residential apartments and a main level office/retail suite. Both apartments are currently rented at $900/month each with utilities included. The basement includes leased storage space with HVAC equipment generating $300/month. The office/retail suite is currently vacant and has historically rented between $1,000–$1,500/month, offering upside potential for an owner-occupant or investor. Property offers strong street visibility in the downtown commercial district and a combination of residential and commercial income streams. Financials and lease details available upon request.
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