206 N Main Street Goshen, IN 46526 Sold 2022-09-16

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Mixed Use • 122Y Old

Sold for $275,000 Listed for $399,900

206 N Main Street

0.33 Acres

This property is not currently for sale or for rent.

Property Description

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 $1,100/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


South of Pike St. and north of Lincoln Ave on main. Property is on east side of street.

Map to 206 N Main Street, Goshen, IN 46526

MLS # 202229300
Status Sold
Property Type Commercial
Property SubType Mixed Use
New Construction No
Type Mixed Use
Basement Yes
Annual Taxes $6,400.00
Year Taxes Payable 17, 18
Year Built 1900
Virtual Tour propertypanorama.com »
Days on Market 45
Room Dimensions
Den 1 × 4200 Level
Master Bedroom 800 × 2500 Level
3rd Bedroom 4 × 1 Level
External Features
Construction Mixed Use
Lot Size 14,331 sq ft
Acreage 0.33 Acres
Lot Dimensions irregular
Fence None
Area Elkhart County
County Elkhart
Subdivision None
Township Elkhart
City Goshen
State IN
Zip 46526
Assoc. Dues $0.00

MLS# 202229300.
Listing Provided Courtesy of William Calahan
New Beginning Realty

IDX information provided by the Indiana Regional MLS. 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.

Listing information last updated Monday, October 3rd, 2022 at 2:00 AM EDT.

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