22 W Main Street, Medora, IN

$275,000

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3

Beds

3

Baths

3,325

Square feet

0.26

Acres

About 22 W Main Street

VERSATILE. SPACIOUS. FUNCTIONAL. Exceptional mixed-use investment opportunity featuring a café, a spacious three-bedroom apartment, and a studio apartment, offering multiple income streams and outstanding versatility. The main-level café features a spacious dining area, a separate commercial kitchen, a restroom, and plenty of storage, providing a functional layout for continued restaurant or café operations. Whether you're looking to continue the current business or introduce a new concept, this space offers excellent potential. The three-bedroom, one-bath apartment provides comfortable living accommodations with a spacious layout. Step inside to a bright living room, creating a welcoming atmosphere. To the right, you'll find the kitchen and laundry area, while straight ahead is one bedroom. To the left are two additional bedrooms and a full bathroom. The apartment also features a fenced-in front yard, offering a private outdoor space to enjoy. Also included is a spacious studio apartment filled with natural light. The studio features a well-designed open living area, a kitchen with ample cabinet storage, and a bathroom with a stand-up shower, making it ideal for rental income, owner occupancy, or guest accommodations. Some of the most recent updates include a fire suppression system installed in the kitchen, all new electrical completed in 2021, all new plumbing completed in 2021, and new flooring. Additional improvements include sealed concrete and brick. Utilities are provided by Duke, Midwest Natural Gas, and Town of Medora Water. Whether you're an investor seeking multiple income opportunities or an entrepreneur looking to operate a business while generating residential rental income, this unique property offers outstanding flexibility and long-term potential. With three distinct spaces under one property, this exceptional investment offers the rare opportunity to combine business ownership with multiple residential income streams.

Features of 22 W Main Street

MLS® # 202630510
Price $275,000
Bedrooms 3
Bathrooms 3.00
Full Baths 3
Square Footage 3,325
Acres 0.26
Year Built 1928
Type Residential
Sub-Type Site-Built Home
Status Active

Community Information

Address 22 W Main Street
Subdivision None
City Medora
County Jackson County
State IN
Zip Code 47260

Amenities

Features Cable Available, Ceiling Fan(s), Countertops-Laminate, Landscaped, Main Floor Laundry
Is Waterfront No
Has Pool No

Interior

Interior Concrete, Laminate
Heating Gas, Forced Air
Cooling Central Air
Fireplace No
Stories One Story
Has Basement No
Basement Crawl

Exterior

Exterior Brick
Lot Description Irregular
Roof Shingle
Construction No

School Information

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

Additional Information

Days on Market 42
Foreclosure No
RE / Bank Owned No
HOA Fees Freq. Not Applicable

Listing Details

AgentNatasha Johns
OfficeWilliams Carpenter Realtors

Listing Map

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