Mixed-Use Investment Property

For Sale

15026 Center Street, Leo-Cedarville, IN 46765

This Leo-Cedarville property for sale is located at 15026 Center Street. The current listed sale price for Mixed-Use Investment Property is $319,000. Mixed-Use Investment Property is situated on a lot that is 0.16 acre in size.

Contacts

broker
Nick Gordon

Xplor Commercial Real Estate

Property Details

  • Property Type Retail - Freestanding
  • Property Size 2,071 SF
  • Units 2
  • Lot Size 0.16 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 1876
  • Year Renovated 2017
  • Date Updated Apr 28, 2025
Located in the city center of Leo on Center StreetIntroducing a historic gem in the heart of Leo-Cedarville! This 2,071 SF free-standing building, dating back to 1876 and thoughtfully renovated in 2017, offers a rare investment opportunity with residential and commercial use. Boasting a versatile live/work space and restaurant potential with a 2-way liquor license, this property provides dual tenant income through its 1-bed, 1-bath apartment and commercial space rental. With its ample storage, small-town charm, and prime downtown location, this property is the perfect canvas for entrepreneurs seeking a distinctive investment opportunity in the thriving Leo-Cedarville area.
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Highlights

  • Versatile Live/Work Space – Perfect for entrepreneurs, this property offers a unique blend of residential and commercial opportunities.
  • Restaurant Potential – Existing tenant has brought the building up to code for a 2-way liquor license, making it ideal for a dining establishment.
  • Dual Tenant Income with a 1-bed, 1-bath apartment and commercial space rental.
  • Ample Storage with 1,100 sq. ft. of additional basement storage for business or personal use.
  • Historic Charm & Prime Location – Late 1800s hardwood floors, small-town character, and a prime spot along the main road through downtown with ample parking for retail or office use.

Getting around

  • 34/100

    Walk Score ®

  • 34/100

    Bike Score ®

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Location

  • City Leo-Cedarville, IN
  • Neighborhood Leo-Cedarville
  • Zip Code 46765
  • Market Fort Wayne

Points of Interest

  • Marathon

    4.64 miles

  • Shell

    4.68 miles

  • Meijer

    5.26 miles

  • BP

    5.61 miles

  • Lassus Handy Dandy

    5.86 miles

  • Speedway

    6.02 miles

  • Quickstop Marathon

    6.04 miles

  • Miller's

    6.09 miles

  • Tesla Supercharger

    9.94 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Nick Gordon

Xplor Commercial Real Estate

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