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409 Third Street

Howe, IN 46746
  • $530,000
  • STATUS: Active
  • ON SITE: 41 Days
  • MLS #: 202606829
$530,000
  • 0
    BEDS
  • 0.72
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 17,640
    SQFT
Neighborhood:
Type:
Commercial-Lease
Built:
1861
County:
Area:

School Ratings & Info

Listing provided by Noel Frost of Coldwell Banker Real Estate Gr: Cell: 260-585-4112.

Description

Opportunities are abundant in this Retail/Office C-1 property that has been stylishly restored to accommodate your New Business while already having a tenant for instant rental income that generates $63,000 per year. Located on the high traffic State Rd 120, just 5 miles from the 80/90 Toll Road Interchange, and 10 miles from downtown Shipshewana. This location gives patrons/clients easy access to this stunning Commercial property that has established multiple shops/rental spaces/events and is now ready for you to build your Dream business. The white building was once a hotel and has a grand staircase, beautiful fixtures, and an upstairs ready for you to finish off for apartments, offices, or potential VRBO's. There is also a 30x40 barn that was used as a Pottery Studio, has water, heat & electrical with 4 hook ups for kilns available, or can be transformed into your vision for Events, parties, or storage on the .72 acre lot. Plenty of parking in the front & back, this property is in the Heart of Howe, surrounded by Restaurants, Shops, and across from the Town Park. Close to area lakes, 2 campgrounds, golf courses, and parks for a destination not just a business.



© 2026 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Parker Team | Keller Williams Realty. Data last updated: 2026-04-15T00:27:53.537.

www.parkerteamhomes.com/homes/173670082
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409 Third Street Howe, IN 46746

  • Price: $530,000
  • Status: Active
  • On Site: 41 Days
  • MLS #: 202606829
0
Beds
0
Baths
0
½ Baths
0.72
Acres
17,640
SQFT
$30
$/SQFT
1861
Built
Neighborhood:
None
County:
LaGrange
Area:
LaGrange
Property Description
Opportunities are abundant in this Retail/Office C-1 property that has been stylishly restored to accommodate your New Business while already having a tenant for instant rental income that generates $63,000 per year. Located on the high traffic State Rd 120, just 5 miles from the 80/90 Toll Road Interchange, and 10 miles from downtown Shipshewana. This location gives patrons/clients easy access to this stunning Commercial property that has established multiple shops/rental spaces/events and is now ready for you to build your Dream business. The white building was once a hotel and has a grand staircase, beautiful fixtures, and an upstairs ready for you to finish off for apartments, offices, or potential VRBO's. There is also a 30x40 barn that was used as a Pottery Studio, has water, heat & electrical with 4 hook ups for kilns available, or can be transformed into your vision for Events, parties, or storage on the .72 acre lot. Plenty of parking in the front & back, this property is in the Heart of Howe, surrounded by Restaurants, Shops, and across from the Town Park. Close to area lakes, 2 campgrounds, golf courses, and parks for a destination not just a business.
Exterior Features

Construction Type1 masonry Exterior Brick Fire Doors YN Yes Lighted Parking YN Yes Lot Dimensions 178x175 Parking Off-StreetPublic Parking Type lot Parking YN Yes Road Access State Roof Material Flat Security Light YN Yes Sign Type Other Signs YN Yes Waterfront YN No

Interior Features

Basement Foundation Full Basement Basement YN Yes Bldg1 Above Grd Sq Ft 17640 Bldg1 Below Grd Sq Ft 8820 Bldg1 Fin Office Sq Ft 14760 Ceiling Height 14 Column Spacing 12 Cooling Central Air Flooring CarpetWoodTileVinyl Heating Fuel GasForced Air Interior Height 14 Interior Walls Drywall Internal Rooms Kitchen Special Features 220 VoltsOffice SpaceRefrigeration/Freezer Total Restrooms 3

Property Features

Annual Taxes 2196.24 Auction YN No Buildings 5 Burglar Alarm YN Yes Business Name Kinsbury Currently Leased YN Yes Documents Available Plat MapLeaseLegal Description Enterprise Zone No Equipment YN Yes Fire Protection City For Sale Or Rent For Sale Gross Monthly Expenses 1700 Gross Monthly Rent 5250 Ingress Egress None Inside City Limits Yes Lease Available YN Yes Lease Term Remaining 2026 Lighted Intersection YN Yes New Construction No Owner Real Estate License YN No Planned Unit Dev YN No Platted YN Yes Present Use Office/ShowroomRestaurantRetail Property Sub Type Retail Reo YN No Sale Includes BuildingLandLease Sewer City Smoke Fire Alarm YN Yes Sprinkler System YN No Tax Abatement No Township Lima Water Heater YN Yes Water Softener YN No Water Utility City Year Taxes Payable 2024/2025

Listing provided by Noel Frost of Coldwell Banker Real Estate Gr: Cell: 260-585-4112.

© 2026 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Parker Team | Keller Williams Realty.


© 2026 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Parker Team | Keller Williams Realty. Data last updated: 2026-04-15T00:27:53.537.

 
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Parker Team | Keller Williams Realty
3298 McCarty Lane Suite A
Lafayette IN, 47905
Listing provided by Noel Frost of Coldwell Banker Real Estate Gr: Cell: 260-585-4112.