101 Main Cross, Edinburgh, IN 46124

About this home

Located at the absolute center of downtown Edinburgh, IN, this massive historic commercial building is one of the most prominent and recognizable properties in the downtown corridor. (check out town's Comprehensive Plan). Sitting directly on the charming main strip, the building benefits from constant visibility, walkability, and long-term relevance within the community. The exterior of the property has recently undergone a full cosmetic renovation, completed at no cost to the owner, through the Historic Buildings Program administered by Indiana Landmarks. The result is a beautifully restored facade that preserves historic character while presenting exceptionally well for tenants, residents, and investors alike. The current owner invested significant time and effort securing a variance that allows for five (5) residential apartment units on the 2nd and 3rd floors. While construction was never started, rough plans and layout concepts were completed, envisioning: Two (2) four-bedroom, two-bath units, Two (2) three-bedroom, two-bath units, One (1) studio unit. The ground floor is already income-producing, with two established commercial tenants in place: A photography studio and a thrift store. This creates immediate cash flow while preserving substantial upside through future residential development above. Additional highlights include: Full basement with unusually high ceilings, offering flexible use potential. Extremely high ceilings on the 2nd and 3rd floors, estimated at 15-20 feet, ideal for loft-style apartments or premium finishes. Strong blend of cash flow + appreciation, combining stabilized commercial income with value-add residential upside. Rare opportunity to own a cornerstone historic asset in a growing small-town downtown environment. Whether positioned as a mixed-use redevelopment, long-term hold, or phased value-add investment, this property offers scale, history, and upside that are increasingly difficult to find in downtown Indiana markets