INVESTMENT FOR SALE | PRIME DOWNTOWN PORTFOLIO
For Sale ~ Prime Downtown Kendallville Mixed Use Portfolio
Marketing description
High-yield mixed-use investment opportunity in prime downtown Kendallville, IN. This portfolio fronts a high traffic commercial corridor, is walkable to local amenities and features stable cash flow and immediate value-add potential. This mixed-use commercial and multi-family is comprised of two ground-floor retail storefronts and three upper-level apartments. Income profile & portfolio breakdown: Commercial Space 1: Currently owner occupied; delivered vacant at closing for immediate market-rate leasing or owner user occupancy. Commercial Space 2: Tenant Leased. Multi-family: Unit 1: 1bed/1bath apartment (leased). Unit 2: 1bed/1bath apartment (leased) Unit 3: Spacious 4bed/1bath apartment (leased) This rare opportunity for the investor/owner user highlights: diversified revenue with five distinct income streams and with both commercial and multi-family, mitigates vacancy risk, immediate upside value-add potential and well positioned; this asset boasts a prime location.
Contact Listing Broker for additional information.
Investment highlights
• Unmatched Continuous Frontage: Double the pedestrian visibility with two
side-by-side storefronts, creating an expansive "blank canvas" ready to
customize the retail space to their own brand.
• Mixed-Use Income Potential: The property features prominent street-level
retail spaces complemented by upper-floor multi-family units providing
immediate rental income.
• Historical Character & Curb Appeal: Distinct architectural facades
characteristic of the Historic Downtown Kendallville District, blending classic
brick aesthetics with modern revitalization potential.
• Parking & Logistics: Access to convenient downtown on-street parking directly
out front, supplemented by municipal public parking lots nearby to
accommodate both staff and consumer traffic
Listing Contacts
Valuation Calculator
Valuation Metrics
Broker Selected Comps View More Comps
Property History
Similar Properties
Additional Information
Is there information that looks off?
