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Nic Lowden

nlowden@mikethomasrealtor.com +1(260) 600-8769

Listed by Tyler Shirley • Crandall Real Estate Group • Cell: 765-251-5676

$ 995,000

Est. payment | -/mo

8 Beds

15 Baths

19,000 SqFt

Save Virtual Tour

$ 995,000

Est. payment | -/mo

Save Virtual Tour

8 Beds

15 Baths

19,000 SqFt

Key Details

Property Type Single Family Home

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 19,000 sqft

MLS Listing ID 202624020

Style Two Story

Bedrooms 8

Full Baths 8

Half Baths 7

Abv Grd Liv Area 19,000

Total Fin. Sqft 19000

Year Built 1906

Annual Tax Amount $5,244

Tax Year 2025

Lot Size 0.470 Acres

Property Sub-Type Other

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.

Location

State IN

County Grant County

Area Grant County

Direction From Route 69, take Exit 259. Turn West onto Main Street. Property is located on Main street in downtown Gas City.

Rooms

Dining Room 0

Interior

Flooring Wood

Appliance Building, Land, Lease

Laundry , 22

Exterior

Amenities Available Cable Ready

Total Parking Spaces 22

Building

Lot Description Corner

Story 2

Structure Type Brick

New Construction No

Schools

Elementary Schools Westview/Northview

Middle Schools R J Basket

High Schools Mississinewa

School District Mississinewa Community School Corp.

Others

Virtual Tour https://www.propertypanorama.com/instaview/irmls/202624020

Nearby Locations

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Nic Lowden

REALTOR® TEAM LEAD | Lic# RB16000820

nlowden@mikethomasrealtor.com

+1(260) 600-8769

9601 Coldwater Ave, Fort Wayne, IN 46825

234-244 E Main Street Gas City, IN 46933-1456

Nic Lowden

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

234-244 E Main Street