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234-244 E Main Street, Gas City, IN 46933 Photo
234-244 E Main Street, Gas City, IN 46933 Photo
234-244 E Main Street, Gas City, IN 46933 Photo
234-244 E Main Street, Gas City, IN 46933 Photo
234-244 E Main Street, Gas City, IN 46933 Photo
234-244 E Main Street, Gas City, IN 46933 Photo
234-244 E Main Street, Gas City, IN 46933 Photo
234-244 E Main Street, Gas City, IN 46933 Photo
234-244 E Main Street, Gas City, IN 46933 Photo
234-244 E Main Street, Gas City, IN 46933 Photo
234-244 E Main Street, Gas City, IN 46933 Photo
234-244 E Main Street, Gas City, IN 46933 Photo
234-244 E Main Street, Gas City, IN 46933 Photo
234-244 E Main Street, Gas City, IN 46933 Photo
234-244 E Main Street, Gas City, IN 46933 Photo
234-244 E Main Street, Gas City, IN 46933 Photo
234-244 E Main Street, Gas City, IN 46933 Photo
234-244 E Main Street, Gas City, IN 46933 Photo
234-244 E Main Street, Gas City, IN 46933 Photo
234-244 E Main Street, Gas City, IN 46933 Photo
234-244 E Main Street, Gas City, IN 46933 Photo
234-244 E Main Street, Gas City, IN 46933 Photo

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$1,200,000
Status: Active
234-244 E Main Street Gas City, IN 46933
  • 8
    Bedrooms
  • 15
    Total Baths
  • 19,000
    Square Feet
  • 0.47
    Acres
  • 1906
    Year Built
  • HOA

Property Description

Step into opportunity and own a remarkable piece of Indiana history in the heart of downtown Gas City! This stately brick multi-use building combines timeless architectural character with exciting potential for the right investor. The ground floor is home to six attractive storefronts, all fully leased to a variety of businesses including professional offices, a beauty salon, and a sports academy. Above, the second story showcases historic residential apartments with soaring 14-foot ceilings, exposed brick, and hardwood floors that exude charm and character. Of the 12 possible units, 8 have already been thoughtfully renovated and are occupied, while the remaining 4 stand ready for transformation?an excellent opportunity for investors looking to increase cash flow and add long-term value. Even better, the unfinished lofts will now feature a brand-new flat roof?setting the stage for a smoother renovation process. Recent updates add peace of mind, including reinforced foundation, separately metered storefronts, updated commercial front doors and windows, and the convenience of an on-site parking lot. The building's prime downtown location places it within walking distance of City Hall, the public library, coffee shops, restaurants, and other local favorites?making it a central hub for business and community life. Whether you're an experienced investor or looking for your next project, this property combines historic charm, modern updates, and outstanding upside?all in one exceptional downtown package. Don't miss your chance to shape the next chapter of this Gas City landmark.

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Listed By / Shown By

Listed By

Broker Name: Crandall Real Estate Group
Broker Contact: Cell: 765-251-5676
Agent Name: Tyler Shirley

Shown By

Broker Title: Cressy & Everett Real Estate
Broker Phone:

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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

Property Features

MLS Number: 202624020
Subdivision: Other
County: Grant
Bedrooms: 8
Total Square Feet: 19,000
Style: Other
New Constuction: No
Construction: Brick
Waterfront: No
Property Type: Multi Unit - Multiple
Basement: Crawl
Cooling: Central Air, Window
Heating: Gas
Lot Size: 0.47 Acres
Stories: 2.0
Year Built: 1906

Feature Descriptions

Above Grade Finished SQFT: 19000
Amenities: Cable Ready
Days on CressyEverett.com: 3
Exterior: Brick
Home Style: Other
Lot: Corner
Lot Dimensions: 132X132
Owner Pays: Electric, Fuel, Maintenance, Tax, Trash Collection
Sale Inclusions: Building, Land, Lease
Sewer: City
Tenant Pays: Electric
Total Finished SQFT: 19000
Units: 18
Water: City

Location

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Estimated Payment

$ 6,292.14 per month $5,942.14 Principal & Interest $0.00 Property Tax (data not provided by mls) $350.00 Homeowner's Insurance

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