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47 E Main Street New Palestine, IN ^$ 295,000

47 E Main Street

^$ 295,000

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Recently Listed

47 E Main Street

New Palestine, IN, 46163

^$ 295,000

Studio Baths0.0 Sq 1,840

Monthly Estimate*

^$ 2,061

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Studio

Commercial Property for sale in New Palestine, IN

for $295,000. This 1,840 square foot building was built in 1900 on a lot size of 0.05.

Prime mixed-use building on Main Street, New Palestine. Retail shop on the first floor, bustling with foot traffic. Second floor features a 2-bed, 1-bath apartment, currently leased out. Ideal for entrepreneurs and investors looking for a strategic location and rental income opportunity.

Commercial Active

Price

^$ 295,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 1,426

Style

Mixed Use

Lot Size

0.05

Year Built

1900

Town/City

New Palestine

County/Region

Hancock

MLS | Web ID

21976924

Features

General

Cooling Separate Meters

Utilities Gas

Possession Closing

Zoning B2

Year Built 1900

Stories 2

Township Sugar Creek

Levels Three Or More

Property SubType Mixed Use

Tax Year 2023

Current Use Retail

County Hancock

New Construction N

Property Type Commercial Sale

Possible Use Apt<20 CommMulTen Office

Status Active

Directions GPS Friendly

High School New Palestine High School

City New Palestine

Buyer Agent Compensation 3

High School District Southern Hancock Co Com Sch Corp

Total Units 1

MLS Area 3007 - Hancock - Sugar Creek

Lot Size Square Feet 2082

Street Name Main

Property Attached Y/N N

Middle/Junior High School New Palestine Jr High School

Days on Market 2

Standard Status Active

Tax Lot 6

Buyer Agent Compensation Type %

Legal Description Evans Ed N Pt L6

Interior

Basement (Y/N) N

Street Suffix Street

Exterior

Building Area Total 1840

Lot Size Acres 0.05

Road Surface Type Asphalt

Road Frontage Type City Street Highway

* Excluded Features

List By

Berkshire Hathaway Home

Broker

toconnor@bhhsin.com

Affordability Calculator

$2,179

Per Month

Monthly Principal & Interest: $2,061
Monthly Property Taxes: $119
Monthly Home Insurance: --

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Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in New Palestine, IN

Average List Price ^$372,500

Percent of Sale Price 26%

About New Palestine, IN

2,539 Population

42% Since 2002

^$60,627 Median Income

42.96 Median Age

32% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4045038 Elementary School

4051873 Middle School

New Palestine High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/1/2024	$295,000		Listed Price

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47 E Main Street, New Palestine, IN, 46163 is a Commercial Property for sale at $295,000 with 1,840 sqft and a lot size of 0.05. 47 E Main Street is a studio with 0.0 baths and was built in 1900. The property's zip code is 46163 which is in New Palestine, IN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Property information provided courtesy of the Internet Exchange Program of the Metropolitan Indianapolis Board of REALTORS® Broker Listing Cooperative® listing service.

The information being provided is 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 updated as of 5/15/2024.

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47 E Main Street

Commercial Property for sale in New Palestine, IN

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