Viewing Listing MLS# 201829440

  • $459,898
    Reduced -$1
  • 206 N Main
    Goshen, IN 46526
N/AFull Baths
N/AHalf Baths
1900Year Built
  • MLS# 201829440
  • Commercial
  • Mixed Use
  • active

AreaElkhart County

Agent Remarks

Great opportunity to own a piece of Elkhart County history. This building was home to one of the original newpapers to the city called the "Democrat". This offering is for 3 parcels. the off street parking (11-09-265-008-015) no address, the 1400+/- s.f. penthouse ( 11-09-265-018-015) 206 1/2 N. Main St. with 2 large bedrooms split at each end of the structure one overlooking main street, and open concept with kitchen island, etc. it is very nicely finished with appliances. The penthouse may be rented for $1,300/mo. + $200 for included utilities, for parking, etc. Electric is separately metered for penthouse and would be tenants responsibility. The 2800 +/- s.f. hair salon and executive office suits offered $250/ each. utilities included ( 11-09-265-017-015) 206 "A" N. Main is salon, and 206 "B" N. Main St. executive ofices. Owner is retiring from hair business (30 years in Goshen) after the sale, but would stay on as consultant if requested to help new buyer. Chiropractor is leasing. Courthouse is southwest of this address across intersection. Great opportunity for so many businesses. Zoned B-1. Partial unfinished basement housing mechanicals, walk-in vault for secure storage on main floor. Value arrived at with conservative market rates for booth rental using income approach and market sales for quality residential dwellings. Parking has been rented to neighboring property owners in the past. With investment of simple automated parking attendant parking could cash flow as well. Parking currently used for salon with some communal use for neighboring businesses. Two banks within a block of property. Downtown Goshen continues to grow with great leadership and a eye on redevelopment. This opportunity is one of few available for sale on Main St. not requiring major renovations as mechanicals, roofs, etc are all newer. All information believed accurate, but not warranted, buyer or buyers agent to confirm information and assumes all liability for said information. Penthouse may be rented for $1300/mo. + $200 for utilities, parking, etc

Bedroom Info

Num Of 1 Bedrooms:  4200

Building Info

New Construction:  No

Year Built:  1900

Age:  119

Stories:  2

Basement Yn:  Yes

Construction Type 1:  brick

Ceiling Height:  9' +/-

Column Spacing:  none

Roof Type:  Metal, Rubber

Exterior Features

Exterior:  Block, Brick, Vinyl, Wood

Features:  110 Volts, 220 Volts, Single Phase, Living Space, Alley, Basement, Office Space, Reception Area

Fence:  None


Annual Insurance Expense:  6400

Ingressegress:  Asphalt

Foreclosure:  No

Proposed Financing:  Cash, Contract, Conventional

Interior Features

Fire Doors Yn:  No

Flooring:  Carpet, Laminate, Mixed, Vinyl

Interior Info

Interior Height:  9' +/-

Interior Walls:  Drywall

Internal Rooms:  Kitchen, Office

Location Info

Subdivision:  None

Town Ship:  Elkhart

Lot Info

Acres:  0.33

Lot Dimensions:  irregular

Road Access:  City

Misc Features

Auction Yn:  No

Special Assessments:  None

Misc Info

Platted Yn:  Yes

Enterprise Zone:  No

Planned Unit Dev Yn:  No

Equipment Yn:  Yes

Lat:  41.5880893

Lon:  -85.8343703

Fire Protection:  City

Miscellaneous Info

Signs Yn:  Yes

Sign Type:  Attached Building Signs

Smoke Fire Alarm Yn:  Yes

Parking Info

Parking Capacity:  0

Parking Type:  on site

Parking:  Off-street, Paved

Driveway:  None

Personal Prop Included:  TBD

Property Features

Basement:  Partial Basement, Unfinished

Present Use:  Professional, Salon

Property Info

Class Type:  Mixed Use

Zoning:  B-1 Business District

Security Light Yn:  Yes

Currently Leased Yn:  Yes

Burglar Alarm Yn:  No

Property Use:  Investment Property

Location:  City, Historic District

Rooms Info

3Rd Bdrm Length:  4

3Rd Bdrm Width:  1

Den Length:  1

Den Width:  4200

1St Bdrm Length:  800

1St Bdrm Width:  2500

Sale / Lease Info

Sale Or Rent:  For Sale

Listing Date:  2018-07-05 06:05:04

Sold Price:  $0

Sprinkler System Yn:  No

Lease Term Remaining:  5 months

Sale Includes:  Building,Land,Lease

Sale Info

Restrictions:  Other See Remarks

Special Info

Exemptions:  Homestead, Mortgage, Over 65

SqFt Info

Approx Lot Size Sqft:  14,331

Tax Info

Tax Abatement:  No

Year Taxes Payable:  17, 18

Utilities / HVAC

Water Heater Yn:  Yes

Water Softener Yn:  No

Water Utility:  City

Sewer:  City

Heating:  Forced Air, Multiple Heating Systems

Cooling:  Central Air

Public Utilities:  Electric Hook-Up, Gas Hook-Up, Mun. Sewer

Waterfront / Water View

Water Front:  No

Listing courtesy of Cressy & Everett - South Bend

Mortgage Calculator

Dollars per $1000
Approximate Monthly Payment 0.0
Price & Status History (on since Thu, Jul 5th 2018)
  • Original Price: $459,900
  • Current Price: $459,898
  • Price Reduced: $2
Date ChangedFromTo
09/14/2018$459,900 $459,899 Reduced by $1
01/11/2019$459,899 $459,898 Reduced by $1

Copyright © 2019; Indiana Regional Multiple Listing Service. Information deemed reliable, but not guaranteed. 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. Information last updated on 01-21-2019 9:16am est.

Any images related to data from the MLS is the sole property of the MLS and not the responsibility of the owner of this website.