120 N Main St

For Sale

120 N Main St, Churubusco, IN 46723

This Churubusco property for sale is located at 120 N Main St. The current listed sale price for 120 N Main St is $334,900. 120 N Main St is situated on a lot that is 0.08 acre in size.

Contacts

Robert L. Thatcher, CRRP, CRX, CSM, CLS, CMD, CDP

Coldwell Banker Real Estate Group

Property Details

  • Property Type Other
  • Lot Size 0.08 Acre
  • Year Built 1947
  • Date Updated Jun 30, 2026
120 North Main Street Churubusco, Indiana 46723 US HWY 33 Frontage - ADT 15,253 VPD 10,143 SF | .08 Acre | Rural Opportunity Zone Designation!! Rare opportunity to acquire an affordable, quality Multi-Tenant Investment Property strategically positioned just northwest of Ft. Wayne, Indiana | Property Highlights & Building Specifications: 3,381 +/- SF Main-Level Commercial - FOR SALE or FOR LEASE Three (3) Attractive Upper-Level Apartments - 100% Leased, Yielding Monthly Cash Flow Commercial Kitchen featuring Large, Stainless Steel Exhaust Hood with Ansul Fire Suppression System, Vented, Three Bay Commercial Sink w/Grease Trap & other Restaurant FF&E (Refers and Coolers) Included with the Sale or Lease ADA Compliant Restrooms & Ramped Ingress & Egress Quality, Wood Frame Construction w/ Primarily Masonry Exterior - Tall Ceilings (above grade) Full Lower-Level Basement - w/Wet Sprinkler System - Excellent Utility, Multiple Uses Adequate Electrical Service, Natural Gas HVAC & Water Heaters Site Features: Zoned General Business (GB) - Excellent Central Business District Location w/Parking Municipal Water/Sewer & Off Street Parking Lots Ideal For Restaurant Owner Operator or potentially Lease w/Option to Purchase Retail of All Types Medical/Dental Practice Equipment Sales & Service, Lease Terms: Upper-Level Apartments: 3,381 +/- SF $900 - $1,090/Month - 100% Occupied Main Level Commercial: 3,381 +/- SF at Just $8.00/SF Modified Gross 3-5 Year Term, Preferred Lower-Leve Flex Space: 3,381 +/- SF - Make an Offer! Bonus to Proforma Income Analysis Total Gross Building Area 10,143 +/- SF
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Highlights

  • Age: Over 50 Years Old
  • Basement: Other Basement

Getting around

  • 63/100

    Walk Score ®

  • 43/100

    Bike Score ®

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Location

  • City Churubusco, IN
  • Zip Code 46723

Points of Interest

  • Citgo

    0.07 miles

  • Lassus Handy Dandy

    0.42 miles

  • Marathon

    7.38 miles

  • Murphy USA

    8.80 miles

  • Shell

    9.16 miles

  • Sweetwater Supercharger

    9.24 miles

  • Pacific Pride Commercial Fueling Station

    9.28 miles

  • Student Lot

    0.12 miles

  • Administration Parking

    0.17 miles

  • Faculty Lot

    0.25 miles

  • Smoker's Cove

    7.89 miles

  • Jehovah's Wittnesses

    8.72 miles

  • Pufferbelly Trail Parking - Shoaff Road

    8.95 miles

  • Summit Park Trail Parking - Ludwig Road

    9.88 miles

  • Super 8 Columbia City

    9.71 miles

  • Sav-U-More

    0.16 miles

  • Egolf's IGA

    0.52 miles

  • Walmart Supercenter

    8.71 miles

  • ALDI

    8.81 miles

  • Kroger

    9.40 miles

Contact Listing Broker
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