Rick & Cindy Shepherd
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Rick & CindyShepherd

About the Property
MLS #202610756
StatusActive
Property TypeCommercial Sale
Property SubTypeMixed Use
New ConstructionNo
Stories Total2
TypeMixed Use
Year Built1965
Days On Market0
CoolingCentral Air
HeatingForced Air, Natural Gas, Heat Pump
GarageN/A
Garage SpacesN/A
SewerPublic Sewer
FencingN/A
Financial
Year Taxes Payable2026
Assoc. DuesN/A
Rick & Cindy Shepherd
Contact the agent about this listing.

Rick & CindyShepherd

New Today
$235,000
418 Defiance Street
Howe, IN 46746
MLS# 202610756
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0.10
Acre(s)
Two rentals. Separate Electric meters both with 200 amp Service. Separate Gas meters. BRAND NEW WELL. HIGH VISIBILITY. TENANT IN PLACE THAT WANTS TO STAY. Located at 418 E Defiance Street in Howe, this commercial building sits directly on State Road 120 with steady daily traffic and strong visibility for a business or investment property. The structure is divided into two separate units with individual gas and electric, allowing for mixed-use options including owner-occupant with rental income or full investment use. One side is currently leased to a dog grooming business, providing immediate income, while the other side is set up as open commercial space and was previously used by an HVAC company, making it suitable for service, retail, storage, or light commercial use. The building was originally a bus service facility for the city of Howe IN and you might remember driving by and seeing the back end of the bus extending out of the side of the building. The layout offers multiple entry points and the ability to modify for overhead doors if desired. Utilities include a new well installed in 2024, city sewer, and NIPSCO gas and electric, with both units having INDIVIDUAL 200-amp service. The metal roof is approximately 10 years old, and drainage has been improved with downspouts routed to underground piping. Additional features include a basement area for storage or storm use, finished upper-level storage above one unit, exterior outlets, Lighted signage, and keypad entry on a secondary entrance. Parking is available on the east side with additional nearby overflow options. The property is approximately 2 miles from the I-80/90 Toll Road (Exit 121 at SR 9) and about 5 miles from US 20, providing convenient access for regional travel, service routes, or commuting. Zoning is B4, supporting a range of commercial uses. This is a straightforward opportunity for a user or investor looking for a functional building with income in place, flexible space, and a strong location along a primary route through Howe.
Sale Includes:
  • Water Softener
  • Water Heater
Map & Directions:
SR 9 North, turn Righ on 120/Defiance street, follow to property on right.
About the Property
MLS #202610756
StatusActive
Property TypeCommercial Sale
Property SubTypeMixed Use
New ConstructionNo
Stories Total2
TypeMixed Use
Year Built1965
Days On Market0
CoolingCentral Air
HeatingForced Air, Natural Gas, Heat Pump
GarageN/A
Garage SpacesN/A
SewerPublic Sewer
FencingN/A
Financial
Year Taxes Payable2026
Assoc. DuesN/A
Dimensions & Additional Detail
ExteriorMetal Siding
Lot Square Feet4356
Lot Size0.10 Acres
Lot Dimensions51 x 87
Location
CountyLaGrange
SubdivisionNone
TownshipLima
CityHowe
StateIN
Zip46746
Listing Provided Courtesy of Daniel Orlando. Mike Thomas Associates Phone: 260-993-2577