22 W Main Street

Medora, IN

$275,000

22 W Main Street, Medora, IN 47260

Medora, IN 47260

MLS# IRM202630510

Listed 51 days ago

3 Beds
3 Baths
3,325 Sq. Ft.

About this home

VERSATILE. SPACIOUS. FUNCTIONAL. Exceptional three-unit mixed-use investment opportunity featuring a café, a spacious three-bedroom apartment, and a studio apartment, all offered together for one price. Two of the three units currently have tenants, providing an opportunity for existing rental income while offering additional flexibility with the café space. The main-level café features a spacious dining area, a separate commercial kitchen, a restroom, and plenty of storage, providing a functional layout for continued restaurant or café operations. Whether you're looking to continue the current business or introduce a new concept, this space offers excellent potential. The three-bedroom, one-bath apartment provides comfortable living accommodations with a spacious layout. Step inside to a bright living room, creating a welcoming atmosphere. To the right, you'll find the kitchen and laundry area, while straight ahead is one bedroom. To the left are two additional bedrooms and a full bathroom. The apartment also features a fenced-in front yard, offering a private outdoor space to enjoy. Also included is a spacious studio apartment filled with natural light. The studio features a well-designed open living area, a kitchen with ample cabinet storage, and a bathroom with a stand-up shower, making it ideal for rental income, owner occupancy, or guest accommodations. Some of the most recent updates include a fire suppression system installed in the kitchen, all new electrical completed in 2021, all new plumbing completed in 2021, and new flooring. Additional improvements include sealed concrete and brick. Utilities are provided by Duke, Midwest Natural Gas, and Town of Medora Water. With three distinct units under one price, two currently occupied by tenants, this property offers flexibility for investors and entrepreneurs alike. Whether you're looking to generate multiple income streams, operate a business while collecting residential rental income, or explore the possibilities of the individual spaces, this unique property offers plenty of potential.

Property Details

Type
Residential
Year Built
1928
Lot Size
0.26 acres
Listed
51 days ago
County
Jackson County
Listing Office
Williams Carpenter Realtors

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Loan amount
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Listed by Williams Carpenter Realtors. Contact 812-275-4401.

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Indiana Regional MLSMIBOR Broker Listing Cooperative

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IDX information is provided exclusively for consumers' personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant's applicable MLS if any and as amended from time to time.

Based on information submitted to the Broker Listing Cooperative listing service as of September 25, 2026 at 8:16 PM EDT. All data is obtained from various sources and may not have been verified by broker or Broker Listing Cooperative listing service. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Based on information submitted to the MLS GRID as of September 25, 2026 at 8:16 PM EDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.