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$ 234,799
Est. payment /mo
Pending
103 B N Main Street Farmland, IN 47340
2,178 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Office
Listing Status Pending
Purchase Type For Sale
MLS Listing ID 202516086
Year Built 1890
Annual Tax Amount $4,999
Tax Year 2025
Lot Size 2,178 Sqft
Property Sub-Type Office
Property Description
Don't miss this rare chance to own a beautifully maintained historic building located right on Main Street in the heart of Farmland, Indiana. This versatile, income-producing property offers the perfect blend of classic charm and modern functionality. The main floor features professional office space currently leased by Edward Jones, a nationally recognized investment firm, providing a steady and reliable income stream. Upstairs, you'll find a stunning 3-bedroom, 2-bath loft apartment that boasts luxurious finishes, soaring ceilings, and gleaming hardwood floors throughout. Step outside to enjoy a private rooftop deck – a rare find in this area. Both units are fully leased with strong tenants in place. The office tenant pays $1,200/month and is under contract through August 31, 2026. The loft apartment is leased at $1,200/month through October 31, 2025. Even better – both tenants are responsible for their own utilities, making this a truly hands-off investment opportunity. Additional highlights include: Hardwood floors and tall ceilings throughout both levels HVAC system replaced in 2010 Roof replaced in 2011 Excellent visibility and location in a charming, walkable downtown area. Properties like this don't come along often – especially ones that cash flow from day one.
Location
State IN
County Randolph County
Area Randolph County
Direction GPS Friendly
Interior
Flooring Finished
Appliance Building
Exterior
Roof Type Flat
Building
Story 2
New Construction No
Others
Virtual Tour https://www.propertypanorama.com/instaview/irmls/202516086
IDX information provided by the Indiana Regional MLS
Listed by Jerrett Flesher • Flesher Brothers Auctioneering and Real Estate Inc • Cell: 765-716-8418